Viper Energy Nears Net Debt Goal After Selling Non‑Permian Assets

Viper Energy, Inc. (NASDAQ: VNOM), the mineral‑and‑royalty company under Diamondback Energy, reported results for the third quarter of 2025 that were in line with expectations, with total production slightly above its guidance midpoint and solid oil output. As part of its strategy to strengthen its balance sheet, Viper is selling its non‑Permian Basin assets for approximately $670 million. These divested properties are expected to produce about 9,500 barrels of oil equivalent per day (BOEPD) in 2026, roughly half of which is oil, but they come with limited future drilling inventory — making them less strategic for the company’s long‑term focus. By shedding these non‑core assets, Viper moves closer to its net debt target of around $1.5 billion, a financial milestone that could allow the company to return nearly 100% of its free cash flow to shareholders in 2026. Based on current oil price forecasts in the high‑$50s per barrel range for WTI crude, Viper is projected to deliver about $3.50 in free cash flow per share next year, positioning it for strong shareholder returns and reduced leverage. #ViperEnergy #OilAndGas #NetDebtReduction #EnergySector #SlimScan #GrowthStocks #CANSLIM