Viper Energy Partners Q1: Strong Growth, Bullish on Gas

Viper Energy Partners Q1 saw a 16% increase in production, reaching 35.9 thousand barrels of oil equivalent per day, driven by natural gas in Louisiana and oil from the Permian. They stayed on track with their February guidance, expanding production in 2026 over 2025. The company acquired more Haynesville and Shelby acreage, spending over $250 million since 2023. Operators like Adamas spudded and brought online several wells, while Caturus prepares for June action. Revenant faced a well control loss, but remains optimistic. Financials improved with net income at $13.3 million and adjusted EBITDA at $87 million. They declared a $1.20 annualized distribution, covered by distributable cash flow. Natural gas, despite weather swings and geopolitics, accounts for 54% of revenue, bolstered by hedges and Gulf Coast demand. Analysts questioned the Revenant incident, but Viper remains bullish, with rising rig counts and new acreage marketing for big deals. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2f18c060194b403a