[SCHEDULE 13G] Viper Energy, Inc. SEC Filing

Rhea-AI Filing Summary

The Vanguard Group reported beneficial ownership of 17,023,862 shares of Viper Energy Inc (CUSIP 64361Q101), representing 10.08% of the outstanding common stock. Vanguard discloses it has sole dispositive power over 15,817,787 shares and shared dispositive power over 1,206,075 shares, with shared voting power for 1,018,550 shares and no sole voting power. The filing states these holdings are held in the ordinary course of business and not for the purpose of changing or influencing control.

Positive

• Material institutional ownership: Vanguard owns 17,023,862 shares, representing 10.08% of Viper Energy's common stock.
• Clear disclosure of voting and dispositive powers: Filing specifies sole dispositive power for 15,817,787 shares and shared voting power for 1,018,550 shares, improving transparency.

Negative

• None.

Insights

Financial Analyst

TL;DR: Vanguard holds a material passive stake (10.08%) in Viper Energy with substantial dispositive authority but limited voting control.

The Schedule 13G shows a sizable institutional position: 17.02 million shares or 10.08% of the class. Most shares are under Vanguard's sole dispositive authority, indicating discretionary control over sales, while voting power is largely shared. The filing follows the passive-investor disclosure route and includes the standard certification that the stake is not intended to influence control. This is neutral from a control standpoint but notable for investor ownership concentration.

Corporate Governance Expert

TL;DR: Ownership concentration is material but Vanguard explicitly disclaims an intent to influence control.

At just over 10% ownership, Vanguard is a significant shareholder whose actions could matter in major corporate votes, yet the filing indicates passive holding under Rule 13d-1, with shared voting power of 1,018,550 shares and no sole voting power. The certification limits governance concerns by stating no intent to influence control; however, disclosure of shared voting and dispositive powers is relevant for assessing potential coordination with other holders or funds.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Viper Energy Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

64361Q101

(CUSIP Number)

08/29/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 64361Q101

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,018,550.00
7	Sole Dispositive Power 15,817,787.00
8	Shared Dispositive Power 1,206,075.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

17,023,862.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.08 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Viper Energy Inc
(b)	Address of issuer's principal executive offices: 500 West Texas Avenue, Suite 1200, Midland, TX, 79701
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd., Malvern, PA 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 64361Q101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 17023862
(b)	Percent of class: 10.08 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1018550
	(iii) Sole power to dispose or to direct the disposition of: 15817787
	(iv) Shared power to dispose or to direct the disposition of: 1206075
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	09/08/2025

FAQ

How many Viper Energy (VNOM) shares does The Vanguard Group report owning?

The Vanguard Group reports beneficial ownership of 17,023,862 shares of Viper Energy common stock.

What percentage of VNOM does Vanguard own according to the filing?

The filing states Vanguard owns 10.08% of Viper Energy's common stock.

How much voting power does Vanguard have in VNOM?

Vanguard reports 0 shares with sole voting power and 1,018,550 shares with shared voting power.

What dispositive powers over VNOM shares does Vanguard report?

Vanguard reports sole dispositive power over 15,817,787 shares and shared dispositive power over 1,206,075 shares.

Does Vanguard state an intent to influence control of Viper Energy?

No. The filing certifies the securities are held in the ordinary course of business and not for the purpose of changing or influencing control.