Viper Energy posts Q3 2026 results with higher production, earnings beat and new acquisition deals

Viper Energy Inc. reported third‑quarter 2026 results on November 2, showing revenue of about $661 million and earnings per share ranging from $0.72 to $1.64, depending on the metric cited. The company closed a $529 million acquisition of oil and gas rights, repurchased 2.1 million shares for $90 million and declared a $0.50 per share dividend. Production guidance was raised to 67,250‑67,750 barrels of oil per day for the full year, and the firm expects another acquisition to close later this quarter.

The earnings beat and dividend increase may support the current $55.52 average price target cited by analysts. The share repurchase and higher production guidance could improve cash flow and leverage metrics, affecting valuation models for investors.

  • 1Revenue was $661 million for Q3 2026.
  • 2Adjusted EBITDA was $596 million for Q3 2026.
  • 3Free cash flow was $520 million for Q3 2026.
  • 4The company closed a $529 million deal for oil and gas rights in September 2026.
  • 5Viper repurchased approximately 2.1 million Class A shares for about $90 million.
  • 6A $0.50 per share cash dividend was declared for Q3 2026.
  • EPS figures differ: $0.72 GAAP EPS versus $1.64 EPS and $0.72 GAAP EPS reported as $0.72.

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