Viper Energy Partners

Rank#1471

Market Cap15.18B

CountryUnited States

Summary

Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America. As of December 31, 2021, it had mineral interests in 27,027 net royalty acres in the Permian Basin and Eagle Ford Shale; and estimated proved oil and natural gas reserves of 127,888 thousand barrels of crude oil equivalent. Viper Energy Partners GP LLC operates as the general partner of the company. The company was founded in 2013 and is based in Midland, Texas. Viper Energy Partners LP is a subsidiary of Diamondback Energy, Inc.

History

Viper Energy Partners LP was founded by Viper Energy in June 2014 as a means of leveraging Diamondback Energy, Inc.'s (Nasdaq: FANG) existing activities in the Midland Basin. As a publicly traded, specialty master limited partnership, Viper Energy Partners LP owns, acquires, and exploits oil and natural gas mineral interests in North America. As of the 2020 fourth quarter, Viper Energy holds mineral interests in 48,000 gross / 43,000 net acres located in the core of the Midland Basin.

Vision

Viper Energy Partners LP's vision is to establish itself as a premier oil and gas investment vehicle by leveraging a substantial midstream asset base and oil & gas mineral interests with capital from outside investors.

References

https://in.investing.com/equities/viper-energy-ut-chart?cid=983682

https://finance.yahoo.com/quote/VNOM/profile?p=VNOM

https://www.comparably.com/companies/viper-energy-partners-lp

https://www.crunchbase.com/organization/viper-energy-partners

https://sec.report/CIK/0001602065

https://companiesmarketcap.com/

https://www.viperenergy.com

Leadership team

Mr. Travis D. Stice (CEO & Director of Viper Energy Partners GP LLC)

Mr. Matthew Kaes Van't Hof (Pres of Viper Energy Partners GP LLC)

Ms. Teresa L. Dick (Exec. VP, CFO & Assistant Sec. of Viper Energy Partners GP LLC)