v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income (loss) $ 2,199 $ 2,230
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Provision for (benefit from) deferred income taxes (206) (18)
Depreciation, depletion, amortization and accretion 2,565 2,363
Impairment of oil and natural gas properties 1,400 0
(Gain) loss on extinguishment of debt, net (133) (55)
(Gain) loss on derivative instruments, net (166) (29)
Cash received (paid) on settlement of derivative instruments 246 48
Other 59 54
Changes in operating assets and liabilities:    
Accounts receivable (563) 160
Accounts payable and accrued liabilities (204) (383)
Income taxes payable 0 (309)
Revenues and royalties payable 324 (30)
Other (104) 1
Net cash provided by (used in) operating activities 5,417 4,032
Cash flows from investing activities:    
Additions to oil and natural gas properties (1,929) (1,806)
Property acquisitions (752) (3,875)
Proceeds from sale of assets 657 57
Other (29) (8)
Net cash provided by (used in) investing activities (2,053) (5,632)
Cash flows from financing activities:    
Proceeds from debt 6,290 8,622
Repayment of debt (8,047) (6,407)
Repurchased shares/units under Viper’s repurchase program (228) (10)
Net proceeds from Viper’s issuance of common stock 0 1,232
Proceeds from sale of Viper's common stock 589 0
Dividends paid to stockholders (605) (581)
Dividends to non-controlling interest (279) (177)
Other (37) (49)
Net cash provided by (used in) financing activities (3,006) 1,657
Net increase (decrease) in cash, cash equivalents and restricted cash 358 57
Cash, cash equivalents and restricted cash at beginning of period 106 164
Cash, cash equivalents and restricted cash at end of period 464 221
Nonrelated Party    
Cash flows from financing activities:    
Repurchased shares (180) (973)
Related Party    
Cash flows from financing activities:    
Repurchased shares $ (509) $ 0