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Viper Energy Partners LP (VNOM)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Operating income:          
Royalty income  160.8203.6221.6239.3201.9165.8128.0114.2
            Royalty income growth  -32.8%22.8%73.1%109.7%108.2%117.2%103.4%249.4%
Lease bonus          
Other operating income  0.20.20.20.20.10.10.10.2
    Total operating income  160.8203.6221.6239.3201.9165.8128.0114.2
            Total operating income growth  -32.8%22.8%73.1%109.7%108.2%117.2%103.4%249.4%
Costs and expenses:          
Production and ad valorem taxes  12.610.815.616.013.99.18.68.2
Depletion  34.131.230.532.027.428.825.424.0
General and administrative expenses  2.02.62.11.92.01.71.72.2
    Total costs and expenses  48.744.648.249.943.239.635.734.3
    Income (loss) from operations  112.1159.0173.4189.4158.7126.292.379.9
            Operating margin  69.7%78.1%78.2%79.2%78.6%76.1%72.1%70.0%
   
Other income (expense):          
Interest expense, net  -11.3-10.3-10.7-9.8-9.6-9.9-8.3-8.0
Gain (loss) on derivative instruments, net  -12.61.20.9-1.9-18.41.2-9.6-29.5
Other income, net  0.20.20.20.00.00.0 0.0
    Total other expense, net  -23.7-8.8-9.7-11.6-28.0-8.6-17.9-37.5
    Income (loss) before income taxes  88.4150.2163.7177.8130.7117.674.442.4
Provision for (benefit from) income taxes  8.54.9-46.46.22.60.60.9 
    Net income (loss)  79.9145.2210.1171.6128.0117.073.442.4
Net income (loss) attributable to non-controlling interest  49.4123.5130.8137.6111.477.556.637.7
    Net income (loss) attributable to Viper Energy Partners LP  30.621.779.334.016.639.516.84.7
   
Net income (loss) attributable to common limited partner units:          
Basic (dollars per unit)  $0.42$0.30$1.06$0.44$0.22$0.57$0.26$0.07
Diluted (dollars per unit)  $0.42$0.30$1.06$0.44$0.22$0.57$0.26$0.07
   
Weighted average number of common limited partner units outstanding:          
Basic (in units)  71.875.674.976.677.168.364.264.7
Diluted (in units)  71.875.774.976.777.268.464.264.8
   
Revenue, Product and Service [Extensible Enumeration]          

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