Viper Energy Partners LP (VNOM) financial statements (2022 and earlier)
Company profile
| Business Address |
500 WEST TEXAS AVENUE MIDLAND, TX 79701 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 39 | 42 | 42 | 12 | 19 | 7 | 10 | ||
| Cash and cash equivalents | 39 | 42 | 42 | 12 | 19 | 7 | 10 | ||
| Receivables | 69 | 47 | 42 | 42 | 32 | 32 | 32 | ||
| Other current assets | 1 | 1 | 1 | 1 | 1 | 0 | 0 | ||
| Other undisclosed current assets | 2 | 22 | 4 | 6 | 2 | 15 | 1 | ||
| Total current assets: | 111 | 111 | 89 | 60 | 54 | 55 | 43 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 2,920 | 2,338 | 2,357 | 2,380 | 2,405 | 2,538 | 2,566 | ||
| Other noncurrent assets | 3 | 4 | 4 | 2 | 2 | 8 | 16 | ||
| Other undisclosed noncurrent assets | 30 | ||||||||
| Total noncurrent assets: | 2,923 | 2,371 | 2,361 | 2,382 | 2,407 | 2,546 | 2,581 | ||
| TOTAL ASSETS: | 3,034 | 2,482 | 2,450 | 2,442 | 2,461 | 2,601 | 2,624 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 21 | 43 | 26 | 32 | 29 | 37 | 20 | ||
| Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Accrued liabilities | 21 | 26 | 17 | 20 | 18 | 21 | 12 | ||
| Taxes payable | 6 | 4 | 2 | 7 | 5 | 3 | |||
| Interest and dividends payable | 11 | 4 | 11 | 4 | 11 | 4 | |||
| Derivative instruments and hedges, liabilities | 9 | 8 | 7 | 7 | 5 | 5 | |||
| Other undisclosed current liabilities | 3 | 10 | 35 | 24 | 8 | 3 | 22 | ||
| Total current liabilities: | 24 | 62 | 69 | 63 | 45 | 44 | 46 | ||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 1 | 5 | 6 | ||||||
| Derivative instruments and hedges, liabilities | 1 | 5 | 6 | ||||||
| Other undisclosed noncurrent liabilities | 777 | 564 | 534 | 529 | 556 | 598 | 631 | ||
| Total noncurrent liabilities: | 777 | 565 | 534 | 529 | 556 | 603 | 636 | ||
| Total liabilities: | 801 | 627 | 603 | 592 | 601 | 648 | 683 | ||
| Stockholders' equity | |||||||||
| Other undisclosed stockholders' equity | 2,233 | 1,856 | 1,847 | 1,850 | 1,861 | 1,953 | 1,941 | ||
| Total stockholders' equity: | 2,233 | 1,856 | 1,847 | 1,850 | 1,861 | 1,953 | 1,941 | ||
| TOTAL LIABILITIES AND EQUITY: | 3,034 | 2,482 | 2,450 | 2,442 | 2,461 | 2,601 | 2,624 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 166 | 128 | 114 | 97 | 76 | 63 | 33 | |
| Gross profit: | 166 | 128 | 114 | 97 | 76 | 63 | 33 | |
| Operating expenses | (40) | (36) | (34) | (34) | (105) | (32) | (28) | |
| Operating income (loss): | 126 | 92 | 80 | 63 | (29) | 31 | 5 | |
| Nonoperating expense | (9) | (18) | (37) | (39) | (24) | (15) | (38) | |
| Investment income, nonoperating | 1 | (10) | (30) | (32) | (16) | (7) | (31) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 0 | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 118 | 74 | 42 | 24 | (53) | 16 | (33) | |
| Other undisclosed loss from continuing operations before income taxes | (0) | |||||||
| Income (loss) from continuing operations before income taxes: | 118 | 74 | 42 | 24 | (53) | 16 | (33) | |
| Income tax expense | (1) | (1) | (0) | |||||
| Net income (loss): | 117 | 73 | 42 | 24 | (53) | 16 | (33) | |
| Net income (loss) attributable to noncontrolling interest | (78) | (57) | (38) | (27) | 25 | (17) | 11 | |
| Net income (loss) attributable to parent: | 39 | 17 | 5 | (3) | (28) | (1) | (22) | |
| Undistributed earnings (loss) allocated to participating securities, basic | 0 | (0) | (0) | (0) | (0) | (0) | (0) | |
| Net income (loss) available to common stockholders, diluted: | 40 | 17 | 5 | (3) | (28) | (1) | (22) | |
Comprehensive Income ($ in millions)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 117 | 73 | 42 | 24 | (53) | 16 | (33) | |
| Comprehensive income (loss): | 117 | 73 | 42 | 24 | (53) | 16 | (33) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (78) | (57) | (38) | (27) | 25 | (17) | 11 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 39 | 17 | 5 | (3) | (28) | (1) | (22) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.