v3.26.3
Condensed Consolidated Statements of Stockholders’ Equity (Unaudited) - USD ($)
$ in Millions
Total
Viper Common Stock
Viper LLC Units
Nonrelated Party
Related Party
Common Stock
Common Stock
Nonrelated Party
Common Stock
Related Party
Additional Paid-in Capital
Additional Paid-in Capital
Nonrelated Party
Additional Paid-in Capital
Related Party
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Non-Controlling Interest
Non-Controlling Interest
Viper Common Stock
Non-Controlling Interest
Viper LLC Units
Balance at beginning of period (in shares) at Dec. 31, 2024           290,984,000                    
Balance at beginning of period at Dec. 31, 2024 $ 39,862         $ 3     $ 33,501     $ 4,238 $ (6) $ 2,126    
Increase (Decrease) in Stockholders' Equity                                
Viper stock-based compensation 1                         1    
Stock-based compensation 22               22              
Cash paid for tax withholding on vested equity awards (in shares)           (155,000)                    
Cash paid for tax withholding on vested equity awards (25)               (25)              
Issuance of shares upon vesting of equity awards (in shares)           115,000                    
Repurchased shares (in shares)           (3,656,000)                    
Repurchased shares (580)               (580)              
Dividends to non-controlling interest (95)                         (95)    
Dividends paid (290)                     (290)        
Dividend equivalent rights payments (1)                     (1)        
Viper common stock issued for acquisition/ Viper LLC Units issued for acquisition 119                         119    
Net proceeds from Viper’s issuance of common stock 1,232                         1,232    
Change in ownership of consolidated subsidiaries, net 7               206         (199)    
Other comprehensive income (loss) 0               1       (1)      
Net income (loss) 1,491                     1,405   86    
Balance at end of period (in shares) at Mar. 31, 2025           287,288,000                    
Balance at end of period at Mar. 31, 2025 41,743         $ 3     33,125     5,352 (7) 3,270    
Balance at beginning of period (in shares) at Dec. 31, 2024           290,984,000                    
Balance at beginning of period at Dec. 31, 2024 39,862         $ 3     33,501     4,238 (6) 2,126    
Increase (Decrease) in Stockholders' Equity                                
Net income (loss) 3,313                              
Balance at end of period (in shares) at Sep. 30, 2025           286,876,000                    
Balance at end of period at Sep. 30, 2025 45,634         $ 3     32,606     6,486 (7) 6,546    
Balance at beginning of period (in shares) at Mar. 31, 2025           287,288,000                    
Balance at beginning of period at Mar. 31, 2025 41,743         $ 3     33,125     5,352 (7) 3,270    
Increase (Decrease) in Stockholders' Equity                                
Viper stock-based compensation 2                         2    
Stock-based compensation 29               29              
Cash paid for tax withholding on vested equity awards (in shares)           (1,000)                    
Cash paid for tax withholding on vested equity awards (1)               (1)              
Issuance of shares upon vesting of equity awards (in shares)           17,000                    
Repurchased shares (in shares)           (2,992,000)                    
Repurchased shares (393)               (393)              
Repurchased shares under Viper’s repurchase program (10)                         (10)    
Dividends to non-controlling interest (82)                         (82)    
Dividends paid (291)                     (291)        
Dividend equivalent rights payments (2)                     (2)        
Common shares issued for acquisition (in shares)           6,843,000                    
Common shares issued for acquisition 1,101               1,101              
Change in ownership of consolidated subsidiaries, net (16)               (734)         718    
Net income (loss) 739                     699   40    
Balance at end of period (in shares) at Jun. 30, 2025           291,155,000                    
Balance at end of period at Jun. 30, 2025 42,819         $ 3     33,127     5,758 (7) 3,938    
Increase (Decrease) in Stockholders' Equity                                
Viper stock-based compensation 2                         2    
Stock-based compensation 29               29              
Cash paid for tax withholding on vested equity awards (in shares)           (4,000)                    
Issuance of shares upon vesting of equity awards (in shares)           11,000                    
Repurchased shares (in shares)           (4,286,000)                    
Repurchased shares (608)               (608)              
Repurchased shares under Viper’s repurchase program (90)                         (90)    
Dividends to non-controlling interest (79)                         (79)    
Dividends paid (289)                     (289)        
Dividend equivalent rights payments (1)                     (1)        
Viper common stock issued for acquisition/ Viper LLC Units issued for acquisition   $ 1,435 $ 1,326                       $ 1,435 $ 1,326
Change in ownership of consolidated subsidiaries, net 7               58         (51)    
Net income (loss) 1,083                     1,018   65    
Balance at end of period (in shares) at Sep. 30, 2025           286,876,000                    
Balance at end of period at Sep. 30, 2025 $ 45,634         $ 3     32,606     6,486 (7) 6,546    
Balance at beginning of period (in shares) at Dec. 31, 2025 284,594,908         284,595,000                    
Balance at beginning of period at Dec. 31, 2025 $ 42,967         $ 3     32,236     4,740 (7) 5,995    
Increase (Decrease) in Stockholders' Equity                                
Viper stock-based compensation 2                         2    
Stock-based compensation 29               29              
Cash paid for tax withholding on vested equity awards (in shares)           (150,000)                    
Cash paid for tax withholding on vested equity awards (27)               (27)              
Issuance of shares upon vesting of equity awards (in shares)           134,000                    
Repurchased shares (in shares)             (267,000) (3,000,000)                
Repurchased shares       $ (39) $ (514)         $ (39) $ (514)          
Repurchased shares under Viper’s repurchase program (97)                         (97)    
Dividends to non-controlling interest (120)                         (120)    
Dividends paid (295)                     (295)        
Dividend equivalent rights payments (3)                     (3)        
Proceeds from sale of Viper's common stock 527               219         308    
Change in ownership of consolidated subsidiaries, net 66               106         (40)    
Net income (loss) 144                     25   119    
Balance at end of period (in shares) at Mar. 31, 2026           281,312,000                    
Balance at end of period at Mar. 31, 2026 $ 42,640         $ 3     32,010     4,467 (7) 6,167    
Balance at beginning of period (in shares) at Dec. 31, 2025 284,594,908         284,595,000                    
Balance at beginning of period at Dec. 31, 2025 $ 42,967         $ 3     32,236     4,740 (7) 5,995    
Increase (Decrease) in Stockholders' Equity                                
Net income (loss) $ 3,970                              
Balance at end of period (in shares) at Sep. 30, 2026 279,241,756         279,242,000                    
Balance at end of period at Sep. 30, 2026 $ 45,133         $ 3     31,638     7,332 (7) 6,167    
Balance at beginning of period (in shares) at Mar. 31, 2026           281,312,000                    
Balance at beginning of period at Mar. 31, 2026 42,640         $ 3     32,010     4,467 (7) 6,167    
Increase (Decrease) in Stockholders' Equity                                
Viper stock-based compensation 3                         3    
Stock-based compensation 30               30              
Cash paid for tax withholding on vested equity awards (in shares)           (1,000)                    
Cash paid for tax withholding on vested equity awards 0               1         (1)    
Issuance of shares upon vesting of equity awards (in shares)           13,000                    
Repurchased shares (in shares)           (756,000)                    
Repurchased shares (142)               (142)              
Repurchased shares under Viper’s repurchase program (131)                         (131)    
Dividends to non-controlling interest (159)                         (159)    
Dividends paid (310)                     (310)        
Dividend equivalent rights payments (1)                     (1)        
Change in ownership of consolidated subsidiaries, net 0               (33)         33    
Net income (loss) 2,055                     1,882   173    
Balance at end of period (in shares) at Jun. 30, 2026           280,568,000                    
Balance at end of period at Jun. 30, 2026 43,985         $ 3     31,866     6,038 (7) 6,085    
Increase (Decrease) in Stockholders' Equity                                
Viper stock-based compensation 3                         3    
Stock-based compensation 34               34              
Cash paid for tax withholding on vested equity awards (in shares)           (6,000)                    
Cash paid for tax withholding on vested equity awards (1)               (1)              
Issuance of shares upon vesting of equity awards (in shares)           28,000                    
Repurchased shares (in shares)           (1,348,000)                    
Repurchased shares (254)               (254)              
Repurchased shares under Viper’s repurchase program (90)                         (90)    
Dividends to non-controlling interest (158)                         (158)    
Dividends paid (308)                     (308)        
Dividend equivalent rights payments (1)                     (1)        
Viper common stock issued for acquisition/ Viper LLC Units issued for acquisition 152                         152    
Change in ownership of consolidated subsidiaries, net 0               (7)         7    
Net income (loss) $ 1,771                     1,603   168    
Balance at end of period (in shares) at Sep. 30, 2026 279,241,756         279,242,000                    
Balance at end of period at Sep. 30, 2026 $ 45,133         $ 3     $ 31,638     $ 7,332 $ (7) $ 6,167