Financhill
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38

VNOM Quote, Financials, Valuation and Earnings

Last price:
$38.65
Seasonality move :
6.82%
Day range:
$38.48 - $39.12
52-week range:
$34.71 - $52.10
Dividend yield:
4.87%
P/E ratio:
16.00x
P/S ratio:
4.23x
P/B ratio:
1.41x
Volume:
1.4M
Avg. volume:
1.7M
1-year change:
-21.28%
Market cap:
$6.5B
Revenue:
$853.6M
EPS (TTM):
$2.42
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $247M $501.5M $838M $717.1M $853.6M
Revenue Growth (YoY) -15.94% 103.07% 67.08% -14.42% 19.03%
 
Cost of Revenues $120.3M $135.5M $177.4M $196.5M $275.3M
Gross Profit $126.6M $366M $660.5M $520.6M $578.3M
Gross Profit Margin 51.27% 72.97% 78.83% 72.6% 67.75%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $8.2M $7.8M $8.5M $10.6M $18.6M
Other Inc / (Exp) -$140.1M -$69.3M -$18.1M -$25.5M $11.4M
Operating Expenses $8.2M $7.8M $8.5M $10.6M $18.7M
Operating Income $118.5M $358.2M $652M $510M $559.6M
 
Net Interest Expenses $33M $34M $40.4M $48.9M $75.9M
EBT. Incl. Unusual Items -$50.9M $258.2M $622.4M $547.3M $503.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $142.5M $1.5M -$32.7M $46M -$99.7M
Net Income to Company -$193.4M $256.7M $655M $501.3M $603.6M
 
Minority Interest in Earnings -$1.1M $198.7M $503.3M $301.3M $244.4M
Net Income to Common Excl Extra Items -$193.5M $256.9M $655.4M $501M $603.1M
 
Basic EPS (Cont. Ops) -$2.84 $0.85 $2.00 $2.69 $3.82
Diluted EPS (Cont. Ops) -$2.84 $0.85 $2.00 $2.69 $3.82
Weighted Average Basic Share $67.7M $68.3M $75.6M $74.2M $93.9M
Weighted Average Diluted Share $67.7M $68.4M $75.7M $74.2M $93.9M
 
EBITDA $219M $461.2M $773.1M $656.1M $774M
EBIT $118.5M $358.2M $652M $510M $559.6M
 
Revenue (Reported) $247M $501.5M $838M $717.1M $853.6M
Operating Income (Reported) $118.5M $358.2M $652M $510M $559.6M
Operating Income (Adjusted) $118.5M $358.2M $652M $510M $559.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $127.6M $219.9M $195.6M $208.2M $393M
Revenue Growth (YoY) 103.96% 72.28% -11.05% 6.41% 88.8%
 
Cost of Revenues $34M $46.1M $48.6M $69.6M $209M
Gross Profit $93.7M $173.8M $147M $138.5M $184M
Gross Profit Margin 73.37% 79.04% 75.17% 66.54% 46.82%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $1.7M $2.1M $1.9M $4.6M $10M
Other Inc / (Exp) -$9.6M $1M -$2.7M $7.4M --
Operating Expenses $1.7M $2.1M $1.9M $4.4M $10M
Operating Income $91.9M $171.7M $145.2M $134.1M $174M
 
Net Interest Expenses $8.3M $10.7M $11.2M $16.7M $32M
EBT. Incl. Unusual Items $74.4M $163.7M $229.1M $126.2M -$223M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $906K -$46.4M $21.9M $17.2M -$26M
Net Income to Company $73.4M $210.1M $207.2M $109M -$197M
 
Minority Interest in Earnings $56.6M $130.8M $128.6M $60.1M -$120M
Net Income to Common Excl Extra Items $73.4M $209.9M $207.1M $108.9M -$198M
 
Basic EPS (Cont. Ops) $0.26 $1.06 $1.11 $0.52 -$0.52
Diluted EPS (Cont. Ops) $0.26 $1.06 $1.11 $0.52 -$0.52
Weighted Average Basic Share $64.2M $74.9M $70.9M $93.7M $148.9M
Weighted Average Diluted Share $64.2M $74.9M $70.9M $93.7M $148.9M
 
EBITDA $117.3M $202.1M $181.4M $188.7M $356M
EBIT $91.9M $171.7M $145.2M $134.1M $174M
 
Revenue (Reported) $127.6M $219.9M $195.6M $208.2M $393M
Operating Income (Reported) $91.9M $171.7M $145.2M $134.1M $174M
Operating Income (Adjusted) $91.9M $171.7M $145.2M $134.1M $174M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $412.7M $815.7M $701M $830.9M $1.1B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $131.5M $173.3M $181.2M $251.9M $518.8M
Gross Profit $281.3M $642.5M $519.9M $579M $631.1M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $8.1M $7.7M $9.2M $18.1M $27.5M
Other Inc / (Exp) -$155.6M -$17.9M -$29.3M $10.6M --
Operating Expenses $8.1M $7.7M $9.2M $18.4M $27.6M
Operating Income $273.1M $634.8M $510.6M $560.6M $603.5M
 
Net Interest Expenses $32.3M $40M $42.4M $71.7M $79.1M
EBT. Incl. Unusual Items $87.9M $589.7M $565.3M $505.7M $172.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $941K -$37M $44.7M $48.9M -$140.4M
Net Income to Company $87M $626.8M $520.7M $456.8M $312.8M
 
Minority Interest in Earnings $96.1M $457.3M $355.8M $250.6M $67.7M
Net Income to Common Excl Extra Items $86.8M $626.7M $521.1M $456.4M $311.5M
 
Basic EPS (Cont. Ops) -$0.12 $2.22 $2.30 $2.34 $2.42
Diluted EPS (Cont. Ops) -$0.13 $2.22 $2.30 $2.34 $2.42
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $375.7M $753.4M $643.2M $755.2M $1B
EBIT $273.1M $634.8M $510.6M $560.6M $603.5M
 
Revenue (Reported) $412.7M $815.7M $701M $830.9M $1.1B
Operating Income (Reported) $273.1M $634.8M $510.6M $560.6M $603.5M
Operating Income (Adjusted) $273.1M $634.8M $510.6M $560.6M $603.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $337.6M $651.8M $514.9M $628.7M $925M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $97.7M $135.4M $139.1M $194.5M $438M
Gross Profit $240M $516.4M $375.8M $434.2M $487M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $6.1M $6M $6.7M $14.1M $23M
Other Inc / (Exp) -$70.6M -$19.2M -$30.3M $5.8M $32M
Operating Expenses $6.1M $6M $6.7M $14.1M $23M
Operating Income $233.8M $510.5M $369.1M $420.1M $464M
 
Net Interest Expenses $24.2M $30.2M $32.2M $55M $60M
EBT. Incl. Unusual Items $140.6M $472.2M $415.1M $373.6M $42M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $941K -$37.6M $39.7M $42.7M $2M
Net Income to Company $139.7M $509.8M $375.4M $330.8M $40M
 
Minority Interest in Earnings $121.2M $379.8M $232.3M $181.7M $5M
Net Income to Common Excl Extra Items $139.5M $509.4M $375.1M $330.5M $39M
 
Basic EPS (Cont. Ops) $0.29 $1.71 $2.00 $1.64 $0.38
Diluted EPS (Cont. Ops) $0.29 $1.71 $2.00 $1.64 $0.38
Weighted Average Basic Share $194.2M $228.7M $215.4M $272.7M $400.9M
Weighted Average Diluted Share $194.4M $228.9M $215.5M $272.8M $401.1M
 
EBITDA $308.1M $600.3M $470.5M $569.9M $837M
EBIT $233.8M $510.5M $369.1M $420.1M $464M
 
Revenue (Reported) $337.6M $651.8M $514.9M $628.7M $925M
Operating Income (Reported) $233.8M $510.5M $369.1M $420.1M $464M
Operating Income (Adjusted) $233.8M $510.5M $369.1M $420.1M $464M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $19.1M $39.4M $18.2M $25.9M $26.9M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $34.2M $70.7M $87.9M $112M $180.2M
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $665K $989K $2.5M $4.5M $11.1M
Total Current Assets $54M $111.1M $118.6M $143.5M $238M
 
Property Plant And Equipment $2.4B $2.9B $2.8B $3.8B $4.6B
Long-Term Investments -- -- $442K $92K --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $2.3M $2.8M $1.4M $5.5M $8.2M
Total Assets $2.5B $3B $2.9B $4B $5.1B
 
Accounts Payable $43K $69K $1.4M $1.3M $2.1M
Accrued Expenses $4.4M $5.4M $5.4M $12.4M $21.3M
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities $26.6M $3.4M -- $3M $2.3M
Total Current Liabilities $44.9M $24.5M $21.9M $33.3M $48.7M
 
Long-Term Debt $555.6M $776.7M $576.9M $1.1B $1.1B
Capital Leases -- -- -- -- --
Total Liabilities $600.5M $801.2M $598.8M $1.1B $1.2B
 
Common Stock $634.4M $814.1M $690M -- --
Other Common Equity Adj -- -- -- -- --
Common Equity $634.4M $814.1M $690M $1B $1.7B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $1.2B $1.4B $1.6B $1.8B $2.2B
Total Equity $1.9B $2.2B $2.3B $2.9B $3.9B
 
Total Liabilities and Equity $2.5B $3B $2.9B $4B $5.1B
Cash and Short Terms $19.1M $39.4M $18.2M $25.9M $26.9M
Total Debt $555.6M $776.7M $576.9M $1.1B $1.1B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $41.5M $11.6M $146.8M $168.6M $443M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $69.2M $104.5M $111.2M $144.9M $384M
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $654K $3.5M $4.1M $3.9M --
Total Current Assets $111.3M $124.3M $262.1M $320.2M $887M
 
Property Plant And Equipment $2.3B $2.8B $2.8B $3.8B $12.8B
Long-Term Investments $30M $839K $50M $45.8M --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $33.6M $301K $55.6M $47.7M --
Total Assets $2.5B $3B $3.1B $4.2B $13.7B
 
Accounts Payable $208K $17K $197K $26K --
Accrued Expenses $11.6M $10.8M $11.5M $26.4M --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities $35.4M $891K $9.3M $901K --
Total Current Liabilities $61.6M $25.1M $47.5M $44.2M $472M
 
Long-Term Debt $564.5M $669.6M $675.7M $821.5M $2.2B
Capital Leases -- -- -- -- --
Total Liabilities $626.7M $694.8M $724.8M $870.5M $2.7B
 
Common Stock $581.9M $723.3M $713.5M -- --
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $1.3B $1.6B $1.7B $1.9B $6.3B
Total Equity $1.9B $2.3B $2.4B $3.3B $10.9B
 
Total Liabilities and Equity $2.5B $3B $3.1B $4.2B $13.7B
Cash and Short Terms $41.5M $11.6M $146.8M $168.6M $443M
Total Debt $564.5M $669.6M $675.7M $821.5M $2.6B
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$193.4M $256.7M $655M $501.3M $603.6M
Depreciation & Amoritzation $100.5M $103M $121.1M $146.1M $214.4M
Stock-Based Compensation $3.6M -- -- -- --
Change in Accounts Receivable $34.5M -$36.5M -$17.2M -$24.4M -$40.9M
Change in Inventories -- -- -- -- --
Cash From Operations $196.6M $307.1M $699.8M $638.2M $619.6M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions $65.7M $281.2M $62.9M $908.4M $696.2M
Cash From Investing -$16.3M -$281.2M $47.6M -$908.4M -$608.6M
 
Dividends Paid (Ex Special Dividend) $45.7M $75.9M $182.8M $128.8M $473.7M
Special Dividend Paid
Long-Term Debt Issued $104M $330M $272M $973M $842M
Long-Term Debt Repaid -$136.2M -$110M -$473M -$462M -$844M
Repurchase of Common Stock $24M $46M $150.6M $95.2M --
Other Financing Activities -$575K -$3M -$142K -$13.2M -$10.3M
Cash From Financing -$164.8M -$5.6M -$768.6M $277.9M -$10.1M
 
Beginning Cash (CF) $19.1M $39.4M $18.2M $25.9M $26.9M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $15.5M $20.3M -$21.3M $7.7M $982K
Ending Cash (CF) $34.6M $59.8M -$3.1M $33.6M $27.8M
 
Levered Free Cash Flow $196.6M $307.1M $699.8M $638.2M $619.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $73.4M $210.1M $207.2M $109M -$197M
Depreciation & Amoritzation $25.4M $30.5M $36.3M $54.5M $182M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -$23.5M $28.6M -$26.1M $25.1M -$11M
Change in Inventories -- -- -- -- --
Cash From Operations $70M $214.2M $239.7M $203M $281M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions $5.9M $38.3M $51.1M $241.9M $1.1B
Cash From Investing -$5.9M -$11.6M -$52.3M -$244.8M -$1.1B
 
Dividends Paid (Ex Special Dividend) $21M $60M $25.3M $58.6M $69M
Special Dividend Paid -- -- $90K -- $200K
Long-Term Debt Issued $62M $85M $69M $375M --
Long-Term Debt Repaid -$32M -$90M -$43M -$552M --
Repurchase of Common Stock $13.7M $50.7M $9.7M -- $90M
Other Financing Activities -$29K -$39K -$4.6M -- --
Cash From Financing -$35M -$195.3M -$53.7M $175.3M $1.2B
 
Beginning Cash (CF) $41.5M $11.6M $146.8M $168.6M $443M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $29.1M $7.3M $133.7M $133.4M $415M
Ending Cash (CF) $70.6M $18.9M $280.5M $302.1M $858M
 
Levered Free Cash Flow $70M $214.2M $239.7M $203M $281M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $87M $626.8M $520.7M $456.8M $312.8M
Depreciation & Amoritzation $102.5M $118.6M $132.6M $194.6M $437.6M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -$22.1M -$35.3M -$6.8M -$30.9M -$84.1M
Change in Inventories -- -- -- -- --
Cash From Operations $253M $620.7M $679M $607.5M $811.9M
 
Capital Expenditures -- -- -- -- $486M
Cash Acquisitions $7.9M $312.8M $201.3M $1B $2.3B
Cash From Investing $34.1M -$254.8M -$148.8M -$915M -$2.8B
 
Dividends Paid (Ex Special Dividend) $52.8M $177M $119.9M $201.1M $546.1M
Special Dividend Paid
Long-Term Debt Issued $96M $472M $303M $1.2B --
Long-Term Debt Repaid -$130.5M -$368M -$298M -$1B --
Repurchase of Common Stock $57.6M $131.4M $98.8M $28M $100M
Other Financing Activities -$3M -$159K -$5.7M -- --
Cash From Financing -$223M -$425.8M -$395M $329.3M $2.2B
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $64.2M -$59.9M $135.2M $21.8M $274.2M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $253M $620.7M $679M $607.5M $325.9M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $139.7M $509.8M $375.4M $330.8M $40M
Depreciation & Amoritzation $74.2M $89.8M $101.3M $149.8M $373M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -$34.9M -$33.8M -$23.3M -$29.8M -$73M
Change in Inventories -- -- -- -- --
Cash From Operations $199.7M $513.2M $492.4M $461.7M $654M
 
Capital Expenditures -- -- -- -- $486M
Cash Acquisitions $6.7M $38.3M $176.7M $271.1M $1.9B
Cash From Investing -$6.7M $19.6M -$176.7M -$183.4M -$2.4B
 
Dividends Paid (Ex Special Dividend) $46.1M $147.1M $84.2M $156.6M $229M
Special Dividend Paid -- -- $410K $610K $200K
Long-Term Debt Issued $87M $229M $260M $470M $295M
Long-Term Debt Repaid -$79M -$337M -$162M -$733M -$556M
Repurchase of Common Stock $33.6M $118.9M $67.2M -- $100M
Other Financing Activities -$2.9M -$122K -$5.7M -$63K -$9M
Cash From Financing -$140.5M -$560.7M -$187M -$135.5M $2.1B
 
Beginning Cash (CF) $95.7M $49M $169M $223.9M $1B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $52.4M -$27.8M $128.6M $142.8M $416M
Ending Cash (CF) $148.1M $21.2M $297.6M $366.6M $1.4B
 
Levered Free Cash Flow $199.7M $513.2M $492.4M $461.7M $168M

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