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Viper Energy Partners LP (VNOM)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Operating income:          
Royalty income  866.5504.9250.6298.3288.8172.079.1149.7
            Royalty income growth  71.6%101.5%-16.0%3.3%67.9%117.4%-47.1%92.5%
Lease bonus          
Other operating income  0.70.61.10.40.1   
    Total operating income  866.5504.9250.6298.3288.8172.079.1149.7
            Total operating income growth  71.6%101.5%-16.0%3.3%67.9%117.4%-47.1%92.5%
Costs and expenses:          
Production and ad valorem taxes  56.432.619.819.119.010.65.5 
Depletion  121.1103.0100.578.258.840.529.835.4
General and administrative expenses  8.57.88.27.58.06.35.25.8
    Total costs and expenses  186.0143.3197.7104.785.858.288.550.5
    Income (loss) from operations  680.5361.652.9193.5203.0113.8-9.324.4
            Operating margin  78.5%71.6%21.1%64.9%70.3%66.2%-11.8%16.3%
   
Other income (expense):          
Interest expense, net  -40.4-34.0-33.0-21.1-13.8-3.2-2.5 
Gain (loss) on derivative instruments, net  -18.1-69.4-63.6     
Other income, net  0.40.11.32.31.90.80.91.2
    Total other expense, net  -58.1-103.4-103.9-13.9-12.5-2.3-1.61.2
    Income (loss) before income taxes  622.4258.2-50.9179.6190.5111.5-10.9 
Provision for (benefit from) income taxes  -32.71.5142.5-41.6-72.4   
    Net income (loss)  655.0256.7-193.4221.2262.9111.5-10.9 
Net income (loss) attributable to non-controlling interest  503.3198.7-1.1174.9118.9   
    Net income (loss) attributable to Viper Energy Partners LP  151.757.9-192.346.3144.0111.5-10.9 
   
Net income (loss) attributable to common limited partner units:          
Basic (dollars per unit)  $2.00$0.85($2.84)$0.75$2.01$1.07($0.13)$0.31
Diluted (dollars per unit)  $2.00$0.85($2.84)$0.75$2.01$1.07($0.13)$0.31
   
Weighted average number of common limited partner units outstanding:          
Basic (in units)  75.668.367.761.771.5104.383.179.7
Diluted (in units)  75.768.467.761.871.6104.483.179.7
   
Revenue, Product and Service [Extensible Enumeration]          

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