Viper Energy, Inc. Provides Financial and Operating Update for the First Quarter of 2025

Core Insights - Viper Energy, Inc. provided a financial and operational update for Q1 2025, emphasizing its stock repurchase program amid market volatility [1][2] Financial Highlights - Average production was reported at 31,311 barrels of oil per day (bo/d), equivalent to 57,367 barrels of oil equivalent per day (boe/d) [6] - Average unhedged realized prices were $71.33 per barrel of oil,$24.52 per barrel of natural gas liquids, and $2.08 per Mcf of natural gas [6] - Average hedged realized prices were$70.26 per barrel of oil, $24.52 per barrel of natural gas liquids, and$3.74 per Mcf of natural gas [6] - Realized commodity hedging gains amounted to $9.1 million [6] Share Repurchase Program - As of April 15, 2025, Viper repurchased 176,771 shares of common stock for$6.6 million at a weighted average price of $37.27 per share [3] - There remains$427.6 million on Viper's current share buyback authorization [3]