VNOM - Viper Energy Non-GAAP EPS of $0.53 beats by $0.18 revenue of $168.9M beats by $7.38M
2023-05-01 16:21:11 ET
- Viper Energy press release ( NASDAQ: VNOM ): Q1 Non-GAAP EPS of $0.53 beats by $0.18 .
- Revenue of $168.9M (-16.3% Y/Y) beats by $7.38M .
- Q1 2023 average production of 20,111 bo/d (34,967 boe/d), an increase of 1% from Q4 2022 and 11% year over year; highest in Company history
- Initiating average daily production guidance for Q2 2023 and Q3 2023 of 21,000 to 22,500 bo/d (36,250 to 38,750 boe/d), the midpoint of which implies 8.2% growth relative to Q1 2023
- Increasing full year 2023 average daily production to 20,500 to 22,500 bo/d (35,250 to 38,750 boe/d), an increase of 2.4% at the midpoint
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Viper Energy Non-GAAP EPS of $0.53 beats by $0.18, revenue of $168.9M beats by $7.38M