Viper energy partners lp (VNOM)
Income statement / Quarterly
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
Operating income:
Royalty income

76,829

91,861

71,080

70,442

60,428

72,759

73,497

74,277

62,128

-

-

-

32,050

27,923

19,992

16,836

14,086

19,918

18,777

19,619

16,545

21,898

22,767

17,249

15,853

14,987

Lease bonus income

1,622

510

698

1,749

1,160

896

4,205

928

0

9,257

322

689

1,602

-309

5

196

108

0

0

0

0

-

-

-

-

-

Other operating income

241

340

10

3

2

10

12

58

50

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating income

78,692

92,711

71,788

72,194

61,590

73,665

77,714

75,263

62,178

59,226

42,533

36,622

33,652

27,923

19,997

17,032

14,194

19,918

18,777

19,619

16,545

-

-

-

-

-

Costs and expenses:
Production and ad valorem taxes

6,147

6,264

4,731

4,389

3,692

4,915

5,027

4,867

4,239

2,940

2,825

2,773

2,070

1,410

1,429

1,403

1,302

1,100

1,686

1,417

1,328

1,586

1,478

1,392

921

972

Gathering and transportation

-

-

-

-

-

-

-

-

-

-

-

-

143

-

70

91

86

92

167

0

0

-

0

-

-

0

Depletion of Oil and Gas Properties

24,642

26,770

18,697

16,512

16,199

17,513

16,532

13,260

11,525

11,932

11,068

9,672

7,847

8,335

6,751

6,584

8,150

8,849

8,737

8,949

8,901

7,999

7,971

6,064

5,567

5,199

Impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

21,458

26,011

3,423

0

0

0

-

-

-

-

0

General and administrative expenses

2,666

2,266

1,805

1,723

1,695

1,725

1,309

2,210

2,711

1,232

1,368

1,554

2,142

1,100

1,153

1,207

1,749

1,334

1,642

1,307

1,552

2,837

1,250

219

66

0

General and administrative expensesrelated party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

893

78

78

87

Total costs and expenses

33,455

35,300

25,233

22,624

21,586

24,153

22,868

20,337

18,475

16,401

15,466

14,143

12,202

11,013

9,403

30,743

37,298

14,798

12,232

11,673

11,781

11,373

11,592

7,753

6,632

6,258

Income from operations

45,237

57,411

46,555

49,570

40,004

49,512

54,846

54,926

43,703

42,825

27,067

22,479

21,450

16,910

10,594

-13,711

-23,104

5,120

6,545

7,946

4,764

10,525

11,175

9,496

9,221

8,729

Other income (expense):
Interest expense, net

-8,963

-9,987

-3,827

-2,713

-4,549

-4,788

-3,711

-3,252

-2,098

-2,274

-859

-643

612

-3,999

658

456

430

377

358

207

168

170

317

0

0

0

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net

-7,942

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) gain on revaluation of investment

-10,120

854

336

50

3,592

-5,715

-199

4,465

899

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income, net

404

576

553

547

656

445

640

447

392

295

399

313

-186

255

266

147

199

194

168

306

486

448

11

0

0

0

Interest expenserelated party, net of capitalized interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

5,387

5,368

5,741

Total other expense, net

-26,621

-8,557

-2,938

-2,116

-301

-10,058

-3,270

1,660

-807

-755

-460

-330

-798

-656

-392

-309

-231

-183

-190

99

318

278

-306

-5,387

-5,368

-5,741

Income before income taxes

18,616

48,854

43,617

47,454

39,703

39,454

51,576

56,586

42,896

-

26,607

22,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for (benefit from) income taxes

142,466

326

-7,480

180

-34,608

-1,251

764

-71,878

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-123,850

48,528

51,097

47,274

74,311

40,705

50,812

128,464

42,896

42,070

26,607

22,149

20,652

16,254

10,202

-14,020

-23,335

4,937

6,355

8,045

5,082

10,803

11,810

3,168

3,853

2,988

Net income attributable to non-controlling interest

18,319

46,237

43,151

45,009

40,532

41,393

48,466

29,060

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

-142,169

2,291

7,946

2,265

33,779

-688

2,346

99,404

42,896

-

26,607

22,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,140

-

-

Net (loss) income attributable to common limited partner units:
Net Income (Loss), Per Outstanding Limited Partnership Unit, Basic, Net of Tax

-2.10

-0.03

0.13

0.04

0.61

0.22

0.05

1.36

0.38

0.38

0.24

0.23

0.22

0.22

0.12

-0.18

-0.29

0.07

0.08

0.10

0.06

-

0.15

0.01

-

-

Net Income (Loss), Net of Tax, Per Outstanding Limited Partnership Unit, Diluted

-2.10

-0.03

0.13

0.04

0.61

0.23

0.05

1.35

0.38

0.38

0.24

0.23

0.22

0.22

0.12

-0.18

-0.29

0.07

0.08

0.10

0.06

-

0.15

0.01

-

-

Weighted average number of common limited partner units outstanding:
Weighted Average Limited Partnership Units Outstanding, Basic

67,822

66,255

62,645

62,628

55,448

50,713

48,234

73,336

113,901

114,249

110,377

97,677

94,969

87,874

84,996

79,728

79,726

79,729

79,720

79,710

79,708

-

76,589

76,200

-

-

Weighted Average Limited Partnership Units Outstanding, Diluted

67,823

66,331

62,678

62,664

55,475

50,782

48,304

73,427

113,991

114,452

110,424

97,677

94,979

87,867

85,003

79,728

79,726

79,757

79,729

79,710

79,711

-

76,659

76,200

-

-