Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces All-Equity Acquisition
Viper Energy, Inc. - Class A (VNOM)
Last viper energy, inc. - class a earnings: 2/11 04:01 pm
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US:NASDAQ Investor Relations:
viperenergy.com/news
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Source: GlobeNewswire
MIDLAND, Texas, Sept. 13, 2019 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ:VNOM) ("Viper" or the “Partnership”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced it has entered into a definitive purchase and sale agreement (“the Purchase and Sale Agreement”) to acquire certain mineral and royalty interests (“the Assets”) from Santa Elena Minerals, LP (“Santa Elena”) for approximately 5.2 million common units representing limited partner interests in Viper (“Common Units”), subject to certain adjustments (the “Pending Acquisition”). The transaction is valued at $150 million and will have an effective date of October 1, 2019 with closing anticipated in the fourth quarter of 2019, subject to continued diligence and closing conditions. ACQUISITION HIGHLIGHTS 1,358 net royalty acres across two ranches primarily in Glasscock and Martin counties; over 65% of acreage is operated by DiamondbackAcreage has a ~5.6% average NRI that will provid
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News
- Viper Energy, Inc. (NASDAQ: VNOM) had its price target lowered by analysts at Piper Sandler from $64.00 to $63.00. They now have an "overweight" rating on the stock.MarketBeat
- Viper Energy, Inc. (NASDAQ: VNOM) was upgraded by analysts at KeyCorp from a "sector weight" rating to an "overweight" rating. They now have a $62.00 price target on the stock.MarketBeat
- Returns Are Gaining Momentum At Viper Energy (NASDAQ:VNOM) [Yahoo! Finance]Yahoo! Finance
- Viper Energy, Inc. (NASDAQ: VNOM) had its price target raised by analysts at JPMorgan Chase & Co. from $43.00 to $51.00. They now have an "overweight" rating on the stock.MarketBeat
- Viper Energy (VNOM) Up 3.3% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
VNOM
Earnings
- 11/4/24 - Beat
VNOM
Sec Filings
- 12/9/24 - Form 8-K
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- VNOM's page on the SEC website