Viper Energy shares rise 5.35% intraday after reporting earnings beat and updated production guidance.

Viper Energy surged 5.35% in intraday trading following a strong earnings report and updated production guidance. The company exceeded adjusted earnings estimates at $0.40 per share, driven by higher oil-equivalent production despite lower realized prices and a $360 million non-cash impairment. Updated 2025 production guidance, projecting increased oil-equivalent volumes, reinforced investor confidence in volume growth offsetting cost pressures. The earnings beat and forward-looking output targets highlighted resilience in core operations, aligning with the stock’s upward movement.