Viper Energy reported second quarter 2026 net income attributable to Viper of $142 million ($0.73 per share), driven by strong oil prices averaging $98.28 per barrel and production of 65,077 bo/d. The company declared a Q2 base dividend of $0.38 per share and a variable dividend of $0.29 per share, totaling $0.67 per share, payable August 20, 2026 to holders of record on August 13, 2026. Additionally, the Board approved a 32% increase in the annual base dividend to $2.00 per share effective Q3 2026 and revised its capital return framework by removing the quarterly commitment to distribute at least 75% of cash available for distribution. Viper also announced an acquisition of approximately 933 net royalty acres from Diamondback Energy in exchange for 3.7 million OpCo Units, expected to close late Q3 2026. The company operates as a mineral and royalty interest owner primarily in the Permian Basin.
