VNOM has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
VNOM has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Viper Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $61.3 Mil. Its Revenue for the three months ended in Mar. 2024 was $205.2 Mil.
Viper Energy's COGS to Revenue for the three months ended in Mar. 2024 was 0.30.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Viper Energy's Gross Margin % for the three months ended in Mar. 2024 was 70.11%.
The historical data trend for Viper Energy's COGS-to-Revenue can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Viper Energy Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
COGS-to-Revenue | Get a 7-Day Free Trial | 0.33 | 0.48 | 0.27 | 0.20 | 0.24 |
Viper Energy Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
COGS-to-Revenue | Get a 7-Day Free Trial | 0.26 | 0.29 | 0.17 | 0.28 | 0.30 |
Viper Energy's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as
COGS to Revenue | = | Cost of Goods Sold | / | Revenue |
= | 196.519 | / | 826.788 | |
= | 0.24 |
Viper Energy's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as
COGS to Revenue | = | Cost of Goods Sold | / | Revenue |
= | 61.339 | / | 205.237 | |
= | 0.30 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Viper Energy (NAS:VNOM) COGS-to-Revenue Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Viper Energy's Gross Margin % for the three months ended in Mar. 2024 is calculated as:
Gross Margin % | = | 1 | - | COGS to Revenue |
= | 1 | - | Cost of Goods Sold / Revenue | |
= | 1 | - | 61.339 / 205.237 | |
= | 70.11 % |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.
Thank you for viewing the detailed overview of Viper Energy's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Bx Swt Ml Holdco Llc | 10 percent owner | 345 PARK AVENUE, NEW YORK NY 10154 |
Blackstone Holdings Iii L.p. | 10 percent owner | C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
Laurie H Argo | director | 1100 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002 |
Frank C. Hu | director | 625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222 |
Armour Spencer D Iii | director | 400 W. ILLINOIS, SUITE 800, MIDLAND TX 79701 |
Bx Guidon Topco Llc | 10 percent owner | C/O BLACKSTONE MANAGEMENT PARTNERS L.L.C, 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154 |
Matt Zmigrosky | officer: Exec. VP and General Counsel | 500 WEST TEXAS AVENUE, SUITE 1200, MIDLAND TX 79701 |
Bx Swallowtail Royalties Holding Llc | 10 percent owner | C/O THE BLACKSTONE GROUP INC., NEW YORK NY 10154 |
Swallowtail Royalties Ii Llc | 10 percent owner | 7750 N. MACARTHUR BLVD., STE. 120-370, IRVING TX 75063 |
Swallowtail Royalties Llc | 10 percent owner | 545 E. JOHN CARPENTER FWY., STE. 1300, IRVING TX 75062 |
Swallowtail Royalties Holdings Llc | 10 percent owner | 545 E. JOHN CARPENTER FWY., STE. 1300, IRVING TX 75062 |
Guidon Energy Holdings Lp | 10 percent owner | C/O BLACKSTONE MANAGEMENT PARTNERS L.L.C, 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154 |
Guidon Energy Holdings Gp Llc | 10 percent owner | C/O BLACKSTONE MANAGEMENT PARTNERS L.L.C, 345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154 |
Blackstone Energy Management Associates Ii L.l.c. | 10 percent owner | C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154 |
Blackstone Ema Ii L.l.c. | 10 percent owner | C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154 |
From GuruFocus
By Sydnee Gatewood Sydnee Gatewood • 11-06-2020
By Marketwired Marketwired • 10-01-2021
By GuruFocusNews GuruFocusNews • 04-05-2022
By sperokesalga sperokesalga • 03-29-2023
By GuruFocus Research • 11-06-2023
By Marketwired • 07-31-2023
By Marketwired Marketwired • 09-26-2020
By Marketwired Marketwired • 01-13-2021
By GuruFocusNews GuruFocusNews • 01-10-2022
By Marketwired Marketwired • 07-15-2020
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.