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AI brief of an SEC Form 8-K · Viper Energy (VNOM)

Viper Energy swings to Q3 loss on $360 million impairment; sells non-Permian assets

Mixed Impact 4 of 5 earnings Written later

Viper Energy reported a third quarter 2025 net loss attributable to Viper of $77 million, or $0.52 per Class A share, compared with net income of $49 million in the third quarter of 2024. The loss was driven mainly by a $360 million non-cash impairment, while total operating income rose to $418 million from $211 million a year earlier. The company also agreed to sell its non-Permian assets for $670 million, expected to close in the first quarter of 2026, and declared a total base-plus-variable dividend of $0.58 per share.

Key points

  • Q3 2025 net loss attributable to Viper of $77 million, or $0.52 per Class A share, versus net income of $49 million in Q3 2024
  • Q3 2025 pro forma cash available for distribution of $165 million, or $0.97 per Class A share
  • Declared Q3 2025 base dividend of $0.33 and variable dividend of $0.25 per Class A share, payable November 20, 2025
  • Agreed to sell non-Permian assets for $670 million, with closing expected in Q1 2026

The filing

CompanyViper Energy (VNOM)
Form8-K, current report
Filed with the SECNov 3, 2025, 4:04 PM ET
Accession number0002074176-25-000048

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.