Welcome to our dedicated page for Viper Energy news (Ticker: VNOM), a resource for investors and traders seeking the latest updates and insights on Viper Energy stock.
Viper Energy, Inc. (NASDAQ: VNOM) generates frequent news and disclosures as a mineral and royalty interest owner in oil and natural gas properties, with a focus on oil-weighted basins such as the Permian Basin. Company announcements consistently describe Viper as a subsidiary of Diamondback Energy, Inc., and many updates highlight the impact of Diamondback’s development activity on acreage where Viper holds mineral and royalty interests.
News items for VNOM commonly include quarterly financial and operating results, where Viper reports average daily production, realized prices for oil, natural gas and natural gas liquids, and operating income or net income figures. These releases often detail the number of horizontal wells turned to production on Viper’s acreage, distinguishing between wells operated by Diamondback and those operated by third parties, and provide context on active development and line-of-sight wells.
Investors following VNOM news will also see coverage of capital return actions, including base and variable cash dividends and share repurchases under Viper’s common stock repurchase program. The company’s communications describe the portion of cash available for distribution returned to stockholders through dividends and buybacks, subject to board discretion and factors outlined in SEC filings.
Another key category of VNOM news involves strategic transactions and financing. Viper has announced acquisitions of mineral and royalty interests from Diamondback affiliates and third parties, including the all-equity acquisition of Sitio Royalties Corp., and has reported offerings of senior notes, term loan agreements and revolving credit facilities. Conference call and webcast notices accompany many of these updates, providing scheduled times for management to discuss results and transactions. For readers, the VNOM news page offers a centralized view of these operational, financial and corporate developments over time.
Viper Energy (NASDAQ: VNOM) has successfully priced a $1.6 billion senior notes offering, consisting of $500 million in 4.900% notes due 2030 and $1.1 billion in 5.700% notes due 2035. The offering, priced at 99.902% and 99.636% of principal amounts respectively, is expected to close on July 23, 2025.
The proceeds will be used to redeem Viper Energy's existing 7.375% notes due 2031 and 5.375% notes due 2027. Additionally, if the previously announced Sitio Royalties Corp. acquisition closes, funds will be used to redeem Sitio's 7.875% notes due 2028 and repay its revolving credit facility.
The notes offering is being conducted through joint book-running managers including Goldman Sachs, Barclays, BofA Securities, and Wells Fargo Securities.Viper Energy (NASDAQ:VNOM), a subsidiary of Diamondback Energy (NASDAQ:FANG), has scheduled its second quarter 2025 earnings conference call for August 5, 2025, at 10:00 a.m. CT. The company will release its Q2 2025 financial results after market close on August 4, 2025.
The earnings call will be accessible via webcast on Viper's website under the "Investor Relations" section, with a replay available after the call. Viper Energy specializes in owning and acquiring oil and gas properties in North America, with a primary focus on oil-weighted assets in the Permian Basin, West Texas.
Viper Energy (NASDAQ: VNOM) has completed its previously announced Drop Down transaction with Diamondback Energy (NASDAQ: FANG). The deal involves acquiring mineral and royalty interest-owning subsidiaries from Diamondback for $1.0 billion in cash and 69.6 million Operating Company units with equivalent Class B Common Stock shares.
The acquired assets comprise 22,847 net royalty acres in the Permian Basin, with approximately 69% operated by Diamondback. Viper funded the cash portion through a public offering of Class A Common Stock and credit facility borrowings. Post-transaction, Diamondback owns approximately 53.7% of Viper's voting common stock. The transaction received approval from Viper's audit committee, board of directors, and stockholders.
Viper Energy (NASDAQ: VNOM) has released its Q1 2025 financial and operating update. The company reported average production of 31,311 bo/d (57,367 boe/d) for the quarter. Average unhedged realized prices were $71.33 per barrel of oil, $24.52 per barrel of natural gas liquids, and $2.08 per Mcf of natural gas.
The company achieved hedged realized prices of $70.26 per barrel of oil, $24.52 per barrel of natural gas liquids, and $3.74 per Mcf of natural gas, resulting in commodity hedging gains of $9.1 million. In Q2 2025 (as of April 15), Viper has repurchased 176,771 shares at an average price of $37.27 per share, totaling $6.6 million. The company maintains $427.6 million remaining on its current share buyback authorization.
Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, has scheduled its first quarter 2025 earnings release for May 5, 2025, after market close. The company will host a conference call and webcast for investors and analysts on May 6, 2025, at 10:00 a.m. CT to discuss the quarterly results.
Viper Energy, focused on oil and gas properties in North America with emphasis on the oil-weighted Permian Basin in West Texas, will make the earnings call available via webcast on their corporate website under the Investor Relations section. The webcast replay will be accessible following the live call.
Viper Energy (VNOM) reported strong Q4 2024 results with average production of 29,859 bo/d (56,109 boe/d) and consolidated net income of $272.8 million. The company declared a Q4 base cash dividend of $0.30 plus a variable dividend of $0.35 per Class A share, implying a 5.4% annualized yield.
For full year 2024, VNOM achieved average production of 27,156 bo/d, generated consolidated adjusted EBITDA of $782.2 million, and increased proved reserves by 9% to 195,873 Mboe. The company announced two significant transactions: a $1.0 billion Drop Down acquisition from Diamondback Energy expected to close in Q2 2025, and the completed Quinn Ranch Acquisition for $211.0 million.
Looking ahead, VNOM projects Q1 2025 production of 30,000-31,000 bo/d. Upon closing the Drop Down, production is expected to increase to 47,000-49,000 bo/d for the remainder of 2025. The company maintains strong liquidity with $1.0 billion available and ended Q4 with net debt of $1.1 billion.
Viper Energy (NASDAQ: VNOM) announced a significant leadership transition, with Travis D. Stice stepping down as Chief Executive Officer, effective immediately. Kaes Van't Hof, the current President, will succeed as CEO, while Austen Gilfillian will be promoted from Vice President to President.
The transition represents the culmination of a thorough succession planning process. Stice, who led Viper since its 2014 IPO, will continue to contribute through his position on the Board. The company also announced additional promotions, with Trevor Stoltz becoming Vice President of Business Development and John Phillips assuming the role of Vice President of Land.
The Board expressed confidence that the new leadership team will continue to drive Viper's growth and maintain its position as a leader in the public mineral and royalties space, particularly focusing on future growth through consolidation in the fragmented minerals market.
Viper Energy (NASDAQ: VNOM) has announced the pricing of an upsized public offering of 24,640,000 shares of Class A common stock at $44.50 per share, representing a 2,640,000 share increase from the originally proposed 22,000,000 shares. The underwriters have a 30-day option to purchase up to an additional 3,696,000 shares.
The offering is expected to generate approximately $1.1 billion in net proceeds (or $1.2 billion if the underwriters exercise their full option). Viper plans to use the proceeds to fund the cash consideration for its pending acquisition of mineral and royalty-interest owning subsidiaries from Diamondback Energy. The offering is expected to close on February 3, 2025.
J.P. Morgan, Citigroup, Mizuho, and Morgan Stanley are serving as joint book-running managers for the offering.