VNOM raises base dividend to $2 per share and projects 4.5% quarterly production growth amid strong well completions.
Viper Energy announced a 32% increase in its base dividend to $2 per share for Q2 2026, reflecting confidence in operational performance. The company also targeted 4.5% production growth in Q3, driven by 691 gross horizontal wells turned to sales by operators.
The dividend hike follows strong execution across Viper’s asset base, supported by steady development activity from Diamondback and third-party operators. Prior quarter production and dividend levels were not disclosed, but management cited consistent operational momentum.
No immediate market reaction was reported in the earnings call summary.