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Viper Energy Inc   (NASDAQ: VNOM)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $42.0800 $0.56 1.349%
Day's High: $42.2949 Week Perf: -0.09 %
Day's Low: $ 41.28 30 Day Perf: -7.66 %
Volume (M): 727 52 Wk High: $ 56.76
Volume (M$): $ 30,588 52 Wk Avg: $45.18
Open: $41.75 52 Wk Low: $34.71



 Market Capitalization (Millions $) 3,957
 Shares Outstanding (Millions) 94
 Employees 16
 Revenues (TTM) (Millions $) 860
 Net Income (TTM) (Millions $) 604
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0

Viper Energy Inc
We are a Delaware limited partnership formed by Diamondback on February 27, 2014 to own, acquire and exploit oil and natural gas properties in North America.

Our primary business objective is to provide an attractive return to our unitholders by focusing on business results, maximizing distributions through organic growth and pursuing accretive growth opportunities through acquisitions of mineral, royalty, overriding royalty, net profits and similar interests from Diamondback and from third parties. Our initial assets consisted of mineral interests in oil and natural gas properties in the Permian Basin in West Texas, substantially all of which are leased to working interest owners who bear the costs of operation and development. Diamondback contributed these assets, which it acquired in September 2013 from a third party for cash, to us upon the closing of our IPO on June 23, 2014.

Our primary business objective is to provide an attractive return to unitholders by focusing on business results, maximizing distributions through organic growth and pursuing accretive growth opportunities through acquisitions of mineral interests from Diamondback and from third parties. We intend to accomplish this objective by executing the following strategies:


Capitalize on the development of the properties underlying our mineral interests. Our assets consist primarily of mineral interests in the Permian Basin in West Texas. We expect the production from our mineral interests to increase as Diamondback and our other operators drill and develop our acreage without cost to us.


Leverage our relationship with Diamondback to participate with it in acquisitions of mineral or other interests in producing properties from third parties and to increase the size and scope of our potential third-party acquisition targets. We intend to make opportunistic acquisitions of mineral interests that have substantial oil-weighted resource potential and organic growth potential. Diamondback was formed in part to acquire and develop oil and natural gas properties, some of which will likely meet our acquisition criteria. In addition, Diamondback’s executives have long histories of evaluating, pursuing and consummating oil and natural gas property acquisitions in North America. Through our relationships with Diamondback and its affiliates, we have access to their significant pool of management talent and industry relationships, which we believe provide us with a competitive advantage in pursuing potential third-party acquisition opportunities. We may have additional opportunities to work jointly with Diamondback to pursue certain acquisitions of mineral or other interests in oil and natural gas properties from third parties. For example, we and Diamondback may jointly pursue an acquisition where we would acquire mineral or other interests in properties and Diamondback would acquire the remaining working and revenue interests in such properties. We believe this arrangement may give us access to third-party acquisition opportunities that we would not otherwise be in a position to pursue.

To estimate economically recoverable proved reserves and related future net cash flows, Ryder Scott considered many factors and assumptions, including the use of reservoir parameters derived from geological, geophysical and engineering data which cannot be measured directly, economic criteria based on current costs and the SEC pricing requirements and forecasts of future production rates. To establish reasonable certainty with respect to our estimated proved reserves, the technologies and economic data used in the estimation of our proved reserves included production and well test data, downhole completion information, geologic data, electrical logs, radioactivity logs, core analyses, available seismic data and historical well cost and operating expense data.

Our petroleum engineers and geoscience professionals work closely with our independent reserve engineers to ensure the integrity, accuracy and timeliness of the data used to calculate our proved reserves relating to our assets in the Permian Basin. Our internal technical team members met with our independent reserve engineers periodically during the period covered by the reserve report to discuss the assumptions and methods used in the proved reserve estimation process. We provide historical information to the independent reserve engineers for our properties such as ownership interest, oil and gas production, well test data, commodity prices and operating and development costs. The Vice President–Reservoir Engineering of our general partner is primarily responsible for overseeing the preparation of all of our reserve estimates. The Vice President–Reservoir Engineering of our general partner is a petroleum engineer with over 30 years of reservoir and operations experience and our geoscience staff has an average of approximately 24 years of industry experience per person. Our technical staff uses historical information for our properties such as ownership interest, oil and gas production, well test data, commodity prices and operating and development costs.




   Company Address: 500 West Texas Midland, 79701 TX
   Company Phone Number: 221-7400   Stock Exchange / Ticker: NASDAQ VNOM


Customers Net Income fell by VNOM's Customers Net Profit Margin fell to

-39.85 %

1.78 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
APA   -0.54%    
CLR        0.27% 
DVN   -0.35%    
EOG   -2.87%    
OVV        1.4% 
OXY        0.25% 
• View Complete Report
   



Shares

Viper Energy Powers Forward: Seizing Momentum with Enhanced Stock Offering Following Key Acquisition,

Published Fri, Jan 31 2025 1:29 AM UTC

Viper Energy?s Ambitious Stock Offering Marks a Pivotal Moment for GrowthMidland, Texas, Jan. 30, 2025 Viper Energy, Inc. (NASDAQ: VNOM), a prominent player in the energy sector known for its strategic acquisitions and growth trajectory, announced today the pricing of an underwritten public offering of 24,640,000 shares of its Class A common stock. Priced at $44.50 per sha...

Shares

Viper Energy Inc Launches Significant Stock Offering Amidst Strategic Expansion and Enhanced Market Position

Published Thu, Jan 30 2025 9:28 PM UTC

Viper Energy Inc. Launches Significant Stock Offering Amidst Strategic Expansion and Enhanced Market PositionIn a bold move to amplify its market presence and capitalize on recent strategic endeavors, Viper Energy, Inc. (NASDAQ: VNOM) has announced an underwritten public offering of 22,000,000 shares of its Class A common stock. This significant development, unveiled on Janu...

Merger and Acquisition

Viper Energy, Inc. Closes $459 Million Acquisition, Strengthening Mineral and Royalty Interests,

Published Tue, Oct 1 2024 8:01 PM UTC

Viper Energy, Inc. Completes Major Acquisition to Enhance Mineral and Royalty PortfolioMIDLAND, Texas, Oct. 1, 2024 ? In a notable move reflecting its aggressive strategy to expand and strengthen its mineral and royalty asset base, Viper Energy, Inc. (NASDAQ: VNOM), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG), has successfully completed the acquisition of certai...

Merger and Acquisition

Viper Energy?s Strategic Acquisition: A Bold Move to Expand Mineral and Royalty Assets

Published Wed, Sep 11 2024 8:05 PM UTC


On September 11, 2024, Viper Energy, Inc. (NASDAQ: VNOM), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG), announced a significant strategic move by entering into a definitive purchase and sale agreement aimed at acquiring certain mineral and royalty interests from Tumbleweed Royalty IV, LLC. Here are the key facts regarding the transaction and its potential imp...

Financing Agreement

Viper Energy's Strategic Move: Launching Secondary Common Stock Offering

Published Tue, Mar 5 2024 9:24 PM UTC


Viper Energy, Inc. made...







Viper Energy Inc's Segments





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