---
schema_version: "secwatch.filing_event.v1"
accession: "0001602065-24-000024"
form_type: "8-K"
ticker: null
cik: "0001602065"
company_name: "VNOM Sub, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:26:27.365533+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Viper Energy Q1 2024 net income $43.4M, production 25,407 bo/d; sells non-Permian assets for $90.3M

## Summary
- Q1 2024 net income attributable to Viper of $43.4M ($0.49 per share); cash available for distribution $72.1M ($0.79/share).
- Declared base dividend $0.27/share and variable dividend $0.32/share, total $0.59/share payable May 22, 2024.
- Signed agreement to sell non-Permian assets for ~$90.3M cash; expected close May 1, 2024; current production ~450 bo/d.
- Q2 2024 production guidance 26,000-26,500 bo/d; full year 2024 guidance narrowed to 25,750-26,750 bo/d.
- Average unhedged realized price was $76.61/bbl oil; total equivalent $48.85/boe.

## SEC filing metadata
- accession: 0001602065-24-000024
- form_type: 8-K
- cik: 0001602065
- company_name: VNOM Sub, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1602065/000160206524000024/0001602065-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1602065/000160206524000024/vnom-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001602065-24-000024
- JSON: https://secwatch.observer/filing/0001602065-24-000024.json
- Plain text: https://secwatch.observer/filing/0001602065-24-000024.txt

## Key facts
- Earnings Releases
  VNOM Sub, Inc. reported the first quarter ended March 31, 2024 results: net income $99.6 million, EPS $0.49 per common share. Guidance initiated.
  - Period: the first quarter ended March 31, 2024
  - Net income: $99.6 million
  - EPS: $0.49 per common share
  - Guidance: initiated
  - Result: reported results
  source text: Q1 2024 consolidated net income (including non-controlling interest) of $99.6 million; net income attributable to Viper Energy, Inc. of $43.4 million, or $0.49 per common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1602065/000160206524000024/0001602065-24-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.