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

310,212

293,811

274,709

277,126

280,961

282,661

0

0

0

-

-

-

96,801

78,837

70,832

69,617

72,400

74,859

76,839

80,829

78,459

77,767

70,856

0

0

0

Lease bonus income

4,579

4,117

4,503

8,010

7,189

6,029

14,390

10,507

10,268

11,870

2,304

1,987

1,494

0

309

304

108

0

0

0

0

-

-

-

-

-

Other operating income

594

355

25

27

82

130

120

108

50

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating income

315,385

298,283

279,237

285,163

288,232

288,820

274,381

239,200

200,559

172,033

140,730

118,194

98,604

79,146

71,141

69,921

72,508

74,859

0

0

0

-

-

-

-

-

Costs and expenses:
Production and ad valorem taxes

21,531

19,076

17,727

18,023

18,501

19,048

17,073

14,871

12,777

10,608

9,078

7,682

6,312

5,544

5,234

5,491

5,505

5,531

6,017

5,809

5,784

5,377

4,763

0

0

0

Gathering and transportation

-

-

-

-

-

-

-

-

-

-

-

-

472

-

339

436

345

259

167

0

0

-

0

-

-

0

Depletion of Oil and Gas Properties

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

Impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

47,469

50,892

50,892

29,434

3,423

0

0

0

-

-

-

-

0

General and administrative expenses

8,460

7,489

6,948

6,452

6,939

7,955

7,462

7,521

6,865

6,296

6,164

5,949

5,602

5,209

5,443

5,932

6,032

5,835

7,338

6,946

5,858

4,372

1,535

0

0

0

General and administrative expensesrelated party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,136

0

0

0

Total costs and expenses

116,612

104,743

93,596

91,231

88,944

85,833

78,081

70,679

64,485

58,212

52,824

46,761

63,361

88,457

92,242

95,071

76,001

50,484

47,059

46,419

42,499

37,350

32,235

0

0

0

Income from operations

198,773

193,540

185,641

193,932

199,288

202,987

196,300

168,521

136,074

113,821

87,906

71,433

35,243

-9,311

-21,101

-25,150

-3,493

24,375

29,780

34,410

35,960

40,417

38,621

0

0

0

Other income (expense):
Interest expense, net

-25,490

-21,076

-15,877

-15,761

-16,300

-13,849

-11,335

-8,483

-5,874

-3,164

-4,889

-3,372

-2,273

-2,455

1,921

1,621

1,372

1,110

903

862

655

487

317

0

0

0

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

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

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income, net

2,080

2,332

2,201

2,288

2,188

1,924

1,774

1,533

1,399

821

781

648

482

867

806

708

867

1,154

1,408

1,251

945

459

11

0

0

0

Interest expenserelated party, net of capitalized interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,755

16,496

0

0

0

Total other expense, net

-40,232

-13,912

-15,413

-15,745

-11,969

-12,475

-3,172

-362

-2,352

-2,343

-2,244

-2,176

-2,155

-1,588

-1,115

-913

-505

44

505

389

-5,097

-10,783

-16,802

0

0

0

Income before income taxes

158,541

179,628

170,228

178,187

187,319

190,512

177,665

148,238

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for (benefit from) income taxes

135,492

-41,582

-43,159

-34,915

-106,973

-72,365

-71,114

-71,878

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

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

Net income attributable to non-controlling interest

152,716

174,929

170,085

175,400

159,451

118,919

77,526

29,060

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

-129,667

46,281

43,302

37,702

134,841

143,958

171,253

191,056

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

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

-

-