Viper Energy (VNOM) Beats Expectations in Q1, Raises 2026 Output Guidance

Viper Energy, Inc. (NASDAQ:VNOM) is included among the 10 Energy Stocks that Crushed Earnings Estimates in the First Quarter.

Viper Energy, Inc. (NASDAQ:VNOM) is a publicly traded Delaware corporation focused on owning and acquiring mineral and royalty interests, primarily in the Permian Basin.

Viper Energy, Inc. (NASDAQ:VNOM) announced better-than-expected results for its Q1 2026 on May 4, with the company’s adjusted earnings of $1.22 per share beating estimates by $0.69. The energy firm also exceeded expectations with an average production of 130,711 boepd during the quarter, including average oil production of 65,000 bpd.

Moreover, Viper Energy, Inc. (NASDAQ:VNOM) announced the Riverbend acquisition, in which it will acquire more than 3,000 net royalty acres and roughly 2,000 barrels of daily oil production, paid using $337 million in cash and 3.7 million Class A shares.

Given the strong start to the year, Viper Energy, Inc. (NASDAQ:VNOM) increased the midpoint of its full-year 2026 oil production guidance by roughly 2.5%, driven primarily by Diamondback’s increased near-term activity and continued development of Viper’s high concentration royalty interest. Notably, the raised production outlook represents over 5% organic growth relative to the company’s pro forma 2025 exit rate.

Viper Energy, Inc. (NASDAQ:VNOM) also declared a quarterly dividend of $0.68 per share on May 5. The stock currently boasts an impressive annual dividend yield of 4.74% and was recently included in our list of the 15 Best High Yield Energy Stocks to Buy Right Now.

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