Viper Energy, Inc.

Viper Energy, Inc. announced a significant amendment to its credit agreement, extending the maturity date by one year to June 12, 2031, and increasing total commitments from $1.5 billion to $2.0 billion. The amendment also includes a reduction in interest rates and certain fees. Sumitomo Mitsui Banking Corporation has joined as a new lender under the agreement. This move enhances the company's financial flexibility and borrowing capacity.

Viper Energy, Inc. held its 2026 Annual Meeting of Stockholders, where several key proposals were approved. Stockholders voted to amend the company's certificate of incorporation, granting those holding at least 20% of the voting power for at least one year the right to call special meetings. Additionally, eight directors were re-elected, executive compensation received advisory approval, and Grant Thornton LLP was ratified as the independent auditor for the fiscal year ending December 31, 2026.

Viper Energy, Inc. reported a significant increase in total operating income for Q1 2026, reaching $511 million, up from $245 million in Q1 2025. Net income attributable to Viper Energy, Inc. rose to $97 million from $75 million year-over-year, though basic EPS decreased to $0.54 from $0.62 due to a higher share count. The company completed the divestiture of its non-Permian assets for $610 million, using the proceeds to repay $590 million in debt, including a $500 million Term Loan and $90 million from its Revolving Credit Facility.

Viper Energy, Inc. reported strong Q1 2026 financial and operating results, with net income attributable to Viper of $97 million ($0.53 per share) and average production of 130,711 boe/d. The company declared a total Q1 dividend of $0.68 per Class A common share ($0.38 base, $0.30 variable). Viper also announced the acquisition of Riverbend Oil & Gas IX for $337 million in cash and 3.7 million shares, expected to close in early Q3 2026, and completed the divestiture of non-Permian assets for $610 million, significantly reducing net debt.

Viper Energy announced strong Q1 2026 financial and operating results, alongside a definitive agreement to acquire Riverbend Oil & Gas IX for $337 million in cash and approximately 3.7 million Class A common shares. The acquisition is expected to add 2,000 bo/d of production and be immediately accretive to key financial metrics. The company reported Q1 2026 average production of 65,000 bo/d, net income attributable to Viper of $97 million, and declared a total dividend of $0.68 per Class A common share. Additionally, Viper repurchased 2.2 million shares for $96 million and reduced net debt by $600 million during the quarter.