VNOMViper Energy, Inc.
Crude Petroleum & Natural Gas
- Revenue
- $1.3B
- 58% YoY
- Operating margin
- -10.4%
- 116% YoY
- EBITDA
- −$140M
- 125% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $2.5B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear—Over 10% of revenue
- Payouts exceed cash flowClear31% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | — | — | $717M | $854M | $1.3B | 58% |
| Operating income | — | — | $620M | $567M | −$140M | 125% |
| Net income | $257M | $655M | $501M | $604M | −$206M | 134% |
| Operating cash flow | — | — | $638M | $620M | $1.1B | 70% |
| Dividends | — | — | $129M | $219M | $328M | 50% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 454 | 351 |
| FY2024 | — | — | 544 | 457 |
| FY2023 | — | — | 329 | 322 |
| FY2022 | — | — | 314 | 360 |
| FY2021 | — | — | 194 | 217 |