Viper is a $9.7 billion market cap minerals company that is 40% owned by Diamondback Energy. At 2Q24 base plus variable dividend rates annualized, it is returning 5.0%, on par with Treasuries and ...
Giving effect to the closing of the TWR IV acquisition on October 1, 2024, Viper’s pro forma acreage position was approximately 35,634 net royalty acres, of which Diamondback operated ...
Importantly, Diamondback's merger with Endeavor, which closed during the third quarter, only enhanced this alignment as Endeavor was previously the second largest third-party operator on Viper's ...
Viper Energy Inc (VNOM) showcases robust growth through strategic acquisitions and enhanced market presence, while navigating financial challenges.
The recent merger between Diamondback (NASDAQ:FANG) and Endeavor, which closed in the third quarter, is expected to bolster Viper's operations due to Endeavor's significant role on Viper's assets.
MIDLAND, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc., (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced ...
Importantly, Diamondback's merger with Endeavor, which closed during the third quarter, only enhanced this alignment as Endeavor was previously the second largest third-party operator on Viper's ...
Of these 330 gross wells, Diamondback is the operator of 81 gross wells, with an average royalty interest of 5.1%, and the remaining 249 gross wells, with an average royalty interest of 1.1%, are ...