Viper Energy (VNOM) Invested Capital (2024 - 2026)
Viper Energy's (VNOM) quarterly Invested Capital came in at $12.0 billion in Q2 2026, little changed quarter-over-quarter from $12.0 billion in Q1 2026.
Analysis
Viper Energy (VNOM) Invested Capital (2024 - 2026) Analysis & Trends
Viper Energy (VNOM) has reported Invested Capital for 3 consecutive years, with $12.0 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital changed N/A year-over-year to $12.0 billion in Q2 2026; TTM through Jun 2026 was $12.0 billion, a N/A change from a year earlier, with the FY2025 full-year figure at $12.5 billion, up 151.38% from the prior year.
- Invested Capital was $12.0 billion for Q2 2026 at Viper Energy, roughly flat from $12.0 billion in the prior quarter.
- Over five years, Invested Capital peaked at $13.6 billion in Q3 2025 and troughed at $5.0 billion in Q4 2024.
- A 3-year average of $11.0 billion and a median of $12.0 billion in 2026 frame the typical range for Invested Capital.
- The widest YoY moves for Invested Capital: up 151.38% in 2025, down 151.38% in 2025.
- Over 3 years, Invested Capital stood at $5.0 billion in 2024, then soared by 151.38% to $12.5 billion in 2025, then dropped by 4.69% to $12.0 billion in 2026.
- The last three Invested Capital figures came in at $12.0 billion (Q2 2026), $12.0 billion (Q1 2026), and $12.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Viper Energy | 15.81 Bn | 20.98 Bn | - | 11.96 Bn |
| 2 | Black Stone Minerals | 3.12 Bn | 3.11 Bn | - | 1.01 Bn |
| 3 | Natural Resource Partners | 1.51 Bn | 1.48 Bn | 47.24 Mn | 677.41 Mn |
| 4 | Kimbell Royalty Partners | 1.50 Bn | 1.46 Bn | - | 1.15 Bn |
| 5 | Dorchester Minerals | 1.43 Bn | 1.36 Bn | - | - |
| 6 | Evolution Petroleum | 131.82 Mn | 126.78 Mn | 7.21 Mn | 123.42 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 | 11.96 Bn |
| Mar 31, 2026 | 11.97 Bn |
| Dec 31, 2025 | 12.55 Bn |
| Sep 30, 2025 | 13.56 Bn |
| Dec 31, 2024 | 4.99 Bn |