Viper energy partners lp (VNOM)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13
Cash flows from operating activities:
Net (loss) income

23,049

221,210

213,387

213,102

294,292

262,877

264,242

240,037

133,722

111,478

85,662

69,257

33,088

-10,899

-22,216

-26,063

-3,998

24,419

30,285

35,740

30,863

29,634

21,819

0

0

0

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Provision for (benefit from) deferred income taxes

135,539

-41,582

-43,409

-35,003

-107,171

-72,516

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depletion

86,621

78,178

68,921

66,756

63,504

58,830

53,249

47,785

44,197

40,519

36,922

32,605

29,517

29,820

30,334

32,320

34,685

35,436

34,586

33,820

30,935

27,601

24,801

0

0

0

Change in fair value of derivative instruments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on revaluation of investment

8,880

-4,832

1,737

2,272

-2,143

550

-5,165

-5,364

-899

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

47,469

50,892

50,892

29,434

3,423

0

0

0

-

-

-

-

0

Amortization of debt issuance costs

1,336

978

892

856

798

737

676

631

611

589

555

495

442

401

370

359

341

314

289

253

177

112

47

0

0

0

Non-cash unit-based compensation

1,804

1,822

1,923

1,900

1,880

2,763

2,522

2,598

2,864

2,395

2,880

3,422

3,661

3,815

3,947

3,981

3,963

3,929

4,047

3,852

3,041

2,102

1,011

0

0

0

Changes in operating assets and liabilities:
Restricted cash

-

-

-

-

-

-

-

-

-

-500

-500

-500

-500

0

0

0

0

-

-

-

-

-

-

-

-

0

Royalty income receivable

-123

19,266

5,270

15,736

9,210

13,069

20,819

19,985

19,656

15,711

10,751

6,566

4,505

4,144

0

0

0

-

-

-

0

-

-

-

-

-

Royalty income receivable—related party

-7,376

7,087

6,275

901

871

-1,653

4,112

4,913

-446

1,672

176

-195

5,209

0

0

0

0

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

14,045

7,091

409

747

521

2,545

2,246

1,193

1,220

1,298

605

303

-69

1,945

-314

285

-901

-1,968

735

-510

1,469

1,709

1,283

0

0

0

Royalty income receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

631

2,734

453

-1,187

9,965

0

0

0

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

Accounts payable—related party

0

-

-

-

0

-

-

-

-

-

-

-

-

-4

0

2

1,349

4

0

-607

-11,284

-9,779

-3,951

0

0

0

Income tax payable

122

169

251

88

198

151

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

33

140

259

80

66

28

148

120

139

177

67

136

77

-224

-722

67

338

595

0

0

0

-

-

-

-

0

Net cash provided by operating activities

286,351

236,691

232,307

234,001

241,732

244,493

221,576

189,984

162,366

139,219

116,130

100,073

78,806

68,627

64,413

63,660

65,165

63,832

68,153

67,922

59,823

51,813

34,478

0

0

0

Cash flows from investing activities:
Additions to oil and natural gas interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,276

9,358

0

0

0

Acquisitions of oil and natural gas interests

513,275

530,572

423,985

482,306

542,060

610,131

548,788

474,456

485,494

344,079

369,068

317,081

212,218

205,721

149,402

55,226

45,989

43,907

0

0

0

-

-

-

-

0

Cost method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

Proceeds from the sale of investments

-

-

-

-

-

124

124

125

125

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-513,275

-530,572

-431,485

-500,209

-546,307

-614,253

-552,910

-473,890

-485,369

-344,079

-369,068

-317,081

-212,218

-205,721

-149,473

-55,303

-46,074

-43,907

-32,221

-91,463

-89,852

-96,815

-100,897

0

0

0

Cash flows from financing activities:
Proceeds from borrowings under credit facility

623,000

590,500

502,500

606,000

604,000

691,500

615,000

431,000

425,500

278,500

286,500

251,000

155,500

164,000

103,500

51,500

43,000

34,500

0

0

0

-

-

-

-

0

Repayment on credit facility

606,500

905,000

389,500

743,500

687,500

374,000

354,000

162,500

185,000

305,500

305,500

221,000

198,500

78,000

0

0

0

-

-

-

-

-

-

-

-

0

Principal payment on subordinated note

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Debt issuance costs

10,839

10,863

765

857

1,086

1,039

2,702

2,519

2,261

2,259

587

602

441

442

173

160

443

441

0

0

0

-

-

-

-

0

Proceeds from public offerings

0

340,860

340,860

646,633

646,633

305,773

305,773

232,687

232,687

380,412

380,412

273,305

273,305

125,580

0

0

0

-

-

-

-

-

-

-

-

0

Public offering costs

9

221

237

839

2,864

2,652

2,636

2,250

247

433

535

763

732

546

0

0

0

-

-

-

-

2,348

1,706

0

0

0

Units purchased for tax withholding

-383

-353

-353

-353

-353

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to General Partner

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to public

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distribution of net proceeds from public offerings to Diamondback

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Distributions to Diamondback

244,213

240,366

250,204

261,098

238,423

253,483

219,850

183,240

158,088

130,876

110,672

89,462

71,820

64,824

62,596

63,541

66,806

68,555

72,535

54,997

39,853

19,926

0

0

0

0

Net cash provided by financing activities

257,062

274,807

202,301

246,126

296,557

368,239

343,725

315,178

312,591

219,844

249,618

212,478

157,312

145,768

87,867

-12,201

-24,249

-34,496

-44,485

26,500

39,451

59,350

79,923

0

0

0

Net increase (decrease) in cash

30,138

-19,074

3,123

-20,082

-8,018

-1,521

12,391

31,272

-10,412

14,984

-3,320

-4,530

23,900

8,674

2,807

-3,844

-5,158

-14,571

-8,553

2,959

9,422

14,348

13,504

0

0

0

Supplemental disclosure of cash flow information:
Interest paid

10,512

13,803

15,173

9,792

15,274

12,438

8,955

6,558

4,079

2,589

2,483

2,304

2,196

1,953

1,501

1,219

981

745

712

721

5,977

16,983

16,766

0

0

0

Supplemental disclosure of non—cash transactions:
Mineral interest acquired in exchange for note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Common units issued for acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Capitalized interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,275

9,226

0

0

0