Viper Energy shares outstanding VNOM
Diluted shares outstanding, averaged over each quarter, from 2014.
- Latest quarter, to Jun 30, 2026
- 193.7M
- On a year earlier
- +47.7%
- more shares
Viper Energy had 193.7M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 47.7% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 168.6M | +64% |
| FY2024 | 102.7M | +26% |
| FY2023 | 81.2M | +10% |
| FY2022 | 73.8M | −7% |
| FY2021 | 79M | +17% |
| FY2020 | 67.3M | +2% |
| FY2019 | 66.2M | +28% |
| FY2018 | 51.7M | −55% |
| FY2017 | 114M | +30% |
| FY2016 | 87.8M | +10% |
| FY2015 | 79.7M | −3% |
| FY2014 | 82.4M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 193.7M | +48% | |
| Q1 FY26 | 181.4M | +50% | |
| Q4 FY25 | 168.6M | +64% | |
| Q3 FY25 | 148.9M | +59% | |
| Q2 FY25 | 131.2M | +43% | |
| Q1 FY25 | 121M | +38% | |
| Q4 FY24 | 102.7M | +26% | |
| Q3 FY24 | 93.7M | +32% | |
| Q2 FY24 | 91.4M | +27% | |
| Q1 FY24 | 87.6M | +20% | |
| Q4 FY23 | 81.2M | +10% | |
| Q3 FY23 | 70.9M | −5% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Viper Energy
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.