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Stock impact report

Diamondback looks to jazz up gas business [Yahoo! Finance]

Viper Energy, Inc. - Class A (VNOM) 
Last viper energy, inc. - class a earnings: 2/11 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: viperenergy.com/news
Company Research Source: Yahoo! Finance
get 24 wells per rig and by the end of June upping that to 26 for the rest of the year. "The first half of the year was typified by us doing more with less," said Chairman-CEO Travis D. Stice in his Midland-based company's second quarter earnings conference call. "You see a similar efficiency gain on the completions where we previously signaled 80 completions per year per crew and now we're up to over 100 completions per simul-frac crew." As Diamondback incorporates after closing the new assets from its merger with Endeavor Energy, Stice said, "I fully anticipate that our operations organization combined with Endeavor's operations organization will be able to continue these results." The significance of that, he said, is being able to apply Diamondback's current drilling and completions cost on a larger asset. "I'm pleased to say today that we're significantly below where we were in February," Stice said. "So that accrues the benefit to our shareholders and supercharges the de Show less Read more
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