Latest revenue
$496.0M
as of 2026-03-31
Latest net income
$97.0M
as of 2026-03-31
Net margin
19.6%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- —
- Enterprise value
- —
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 4.9%
- 52-wk high
- $51.13
- 52-wk low
- $35.10
- Beta
- —
- Shares out
- —
5-year trend
dashed bar = fiscal Q4 derived from 10-K annual − Q1 − Q2 − Q3 (SEC requires only three 10-Qs per year).
What this company does
Table of Contents ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis should be read in conjunction with our unaudited condensed consolidated financial statements and notes thereto presented in this report as well as our audited financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2025. The following discussion contains “forward-looking statements” that reflect our future plans, estimates, beliefs and expected performance. Actual results and the timing of events may differ materially from those contained in these forward-looking statements due to a…
AI summary unavailable — showing raw filing excerpt
Generated from VNOM's filing dated 2026-05-06
Key risks
ITEM 1A. RISK FACTORS The nature of our business activities subjects us to certain hazards and risks. The following is a summary of the material risks relating to our business activities. We could also face additional risks and uncertainties not currently known to us or that we currently deem to be immaterial. If any of these risks actually occurs, it could materially harm our business, financial condition or results of operations and the trading price of our shares could decline. Risks Related to Our Business Geopolitics and market conditions for oil and natural gas, and particularly volatility in prices for oil and natural gas, have in the past adversely affected, and may in the future…
AI summary unavailable — showing raw filing excerpt
Generated from VNOM's filing dated 2026-05-06
Profitability
Operating margin
-10.0%
115.2%Net margin
-4.9%
111.7%Return on equity
-1.5%
107.2%Return on assets
-0.5%
107.6%Leverage
Debt / equity
1.85×
7.8%Long-term debt / equity
0.49×
23.4%Debt / assets
64.9%
2.7%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $496.0M | +103.3% | $97.0M | +29.3% | 19.6% |
Q3 2025 2025-09-30 | $393.0M | +88.0% | $35.0M | -28.6% | 8.9% |
Q1 2025 2025-03-31 | $244.0M | — | $75.0M | — | 30.7% |
Q3 2024 2024-09-30 | $209.0M | — | $49.0M | — | 23.4% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Crude Petroleum & Natural Gas · SIC 1311
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Insider activity
Insider buying
$0
Insider selling
$0
Net activity
+$0
Distinct insiders
0
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value |
|---|
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns VNOM
Institutional value
$4.25B
Total shares held
93.1M
Distinct holders
306
-105 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | Capital World Investors | 24.0M | $1.13B | +11.1M (+85.9%) | Added |
| 2 | BlackRock, Inc. | 17.5M | $820.8M | +2.6M (+17.6%) | Added |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 9.4M | $440.4M | — | New |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 8.6M | $404.7M | — | New |
| 5 | Invesco Ltd. | 2.8M | $130.2M | +2.4M (+701.2%) | Added |
| 6 | UBS Group AG | 2.1M | $98.8M | +752.1K (+55.7%) | Added |
| 7 | CIBC Bancorp USA Inc. | 1.4M | $65.8M | — | New |
| 8 | Capital Research Global Investors | 1.2M | $58.3M | +224.0K (+22.0%) | Added |
| 9 | Stephens Investment Management Group LLC | 1.2M | $57.9M | +93.5K (+8.2%) | Added |
| 10 | Bank of New York Mellon Corp | 1.2M | $57.5M | +145.2K (+13.5%) | Added |
| 11 | PRIMECAP MANAGEMENT CO/CA/ | 1.2M | $54.8M | +473.2K (+68.4%) | Added |
| 12 | VANGUARD FIDUCIARY TRUST CO | 1.2M | $54.5M | — | New |
| 13 | Boston Partners | 951.3K | $44.6M | -387.7K (-29.0%) | Trimmed |
| 14 | TD ASSET MANAGEMENT INC | 860.1K | $40.4M | -37.6K (-4.2%) | Trimmed |
| 15 | SEVEN GRAND MANAGERS, LLC | 800.0K | $37.6M | +600.0K (+300.0%) | Added |
| 16 | SPROTT INC. | 640.9K | $30.1M | +325.3K (+103.1%) | Added |
| 17 | JANE STREET GROUP, LLC | 640.4K | $30.1M | +542.7K (+555.7%) | Added |
| 18 | Pacer Advisors, Inc. | 615.9K | $28.9M | -172.2K (-21.9%) | Trimmed |
| 19 | DIMENSIONAL FUND ADVISORS LP | 613.9K | $28.8M | -425.0K (-40.9%) | Trimmed |
| 20 | HEARTLAND ADVISORS INC | 530.5K | $24.9M | +16.3K (+3.2%) | Added |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once VNOM's latest filing finishes processing.