Viper Energy (VNOM) Enterprise Value (2024 - 2026)
Viper Energy's (VNOM) quarterly Enterprise Value came in at $20.3 billion in Q2 2026, up 84.26% year-over-year from $11.0 billion in Q2 2025, and down 8.27% quarter-over-quarter from $22.1 billion in Q1 2026.
Analysis
Viper Energy (VNOM) Enterprise Value (2024 - 2026) Analysis & Trends
Viper Energy (VNOM) has reported Enterprise Value for 3 consecutive years, with $20.3 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Enterprise Value rose 84.26% year-over-year to $20.3 billion in Q2 2026; TTM through Jun 2026 was $20.3 billion, a 84.26% increase from a year earlier, with the FY2025 full-year figure at $19.7 billion, up 72.77% from the prior year.
- Enterprise Value was $20.3 billion for Q2 2026 at Viper Energy, down from $22.1 billion in the prior quarter.
- Over five years, Enterprise Value peaked at $22.1 billion in Q1 2026 and troughed at $8.5 billion in Q3 2024.
- A 3-year average of $15.3 billion and a median of $15.6 billion in 2024 frame the typical range for Enterprise Value.
- The widest YoY moves for Enterprise Value: up 131.6% in 2025, down 72.77% in 2025.
- Over 3 years, Enterprise Value stood at $11.4 billion in 2024, then surged by 72.77% to $19.7 billion in 2025, then gained by 2.74% to $20.3 billion in 2026.
- The last three Enterprise Value figures came in at $20.3 billion (Q2 2026), $22.1 billion (Q1 2026), and $19.7 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Viper Energy | 15.81 Bn | 20.98 Bn | - |
| 2 | Black Stone Minerals | 3.12 Bn | 3.11 Bn | - |
| 3 | Natural Resource Partners | 1.51 Bn | 1.48 Bn | 47.24 Mn |
| 4 | Kimbell Royalty Partners | 1.50 Bn | 1.46 Bn | - |
| 5 | Dorchester Minerals | 1.43 Bn | 1.36 Bn | - |
| 6 | Evolution Petroleum | 131.82 Mn | 126.78 Mn | 7.21 Mn |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - |
| 8 | Mentor Capital | 827,678.86 | 91,860.86 | 65,595.00 |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.27 Bn |
| Mar 31, 2026 | 22.10 Bn |
| Dec 31, 2025 | 19.73 Bn |
| Sep 30, 2025 | 19.68 Bn |
| Jun 30, 2025 | 11.00 Bn |
| Mar 31, 2025 | 9.89 Bn |
| Dec 31, 2024 | 11.42 Bn |
| Sep 30, 2024 | 8.50 Bn |