Viper Energy (VNOM) Depreciation and Depletion (2024 - 2026)
Viper Energy's Depreciation and Depletion came in at $206 million for Q1 2026, up 207.5% from $67 million a year earlier but down 12.0% from the prior quarter.
Viper Energy (VNOM) Depreciation and Depletion (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Viper Energy reported Depreciation and Depletion of $689 million; for FY2025, it was $607 million, up 183.6% from FY2024.
- Going back by year, Depreciation and Depletion was $214 million in FY2024 (+46.6%) and $146 million in FY2023.
- The five-year range for quarterly Depreciation and Depletion is $55 million (Q3 2024) to $234 million (Q4 2025).
- Year-over-year, Depreciation and Depletion has increased for three consecutive quarters.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | - |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | - |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | - |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | - |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | - |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | - |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | - |
| 10 | Viper Energy | 14.47 Bn | 19.55 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 206.00 Mn |
| Dec 31, 2025 | 234.00 Mn |
| Sep 30, 2025 | 182.00 Mn |
| Mar 31, 2025 | 67.00 Mn |
| Dec 31, 2024 | 64.00 Mn |
| Sep 30, 2024 | 55.00 Mn |
Viper Energy Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=VNOM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "VNOM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=VNOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();