secwatch.observer — SEC 8-K summary
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Issuer:     VNOM Sub, Inc. (—)
CIK:        0001602065
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001602065-24-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1602065/000160206524000024/0001602065-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1602065/000160206524000024/vnom-20240430.htm
  HTML page:      https://secwatch.observer/filing/0001602065-24-000024

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