VNOM

Viper Energy Inc. is a U.S.-based company operating in the oil and natural gas industry. The company focuses on owning mineral and royalty interests tied to hydrocarbon production, primarily in the Permian Basin, one of the most productive oil regions in the United States.

Its business model is based on acquiring and managing mineral rights that generate revenue from production carried out by third-party operators. Rather than directly drilling wells or operating production infrastructure, the company receives royalty payments linked to oil and gas extraction.

Its core activities include:

• Mineral rights ownership.
• Royalty income from oil and gas production.
• Acquisition of additional mineral interests.
• Portfolio management of energy royalty assets.

This structure allows the company to operate with relatively low capital intensity while benefiting from increased drilling activity and production growth across its acreage. Most of its assets are located in Texas and New Mexico, within the Permian Basin.

Performance is primarily influenced by oil and natural gas prices, drilling activity in the Permian Basin, production volumes from third-party operators, and broader trends in the U.S. shale industry. The company continues to expand its mineral portfolio through acquisitions and strategic partnerships within the region.

Viper Energy Inc. is listed on the Nasdaq under the ticker VNOM.

History and Development

Viper Energy was established in 2013 as a subsidiary of Diamondback Energy to hold and manage mineral and royalty interests primarily located in the Permian Basin.

In 2014, the company completed its initial public offering (IPO) on the Nasdaq, raising capital to expand its mineral rights portfolio through acquisitions across key producing areas.

During the following years, Viper expanded its exposure to Permian Basin production through additional mineral acquisitions and by benefiting from increased drilling activity in the region.

Today, the company operates as one of the largest mineral and royalty owners in the U.S. shale industry, generating revenue from oil and gas production conducted by independent operators across its acreage.

Additional Information

Viper Energy Partners LP (United States) is listed on the Nasdaq and has a market capitalization of $7.67 Billions, with shareholders equity totaling $10.36 Billions.

The company employs approximately 158 people and operates in the Energy sector, within the Oil, Gas and Consumable Fuels industry.

Over the past 12 months, Viper Energy Partners LP reported $1.39 Billion in revenue, generating net income of $-68.00 Millions.

Key financial metrics include a P/E ratio of -112.83, a price-to-book (P/B) ratio of 0.74, and a trailing twelve-month dividend yield of 4.85%.

The company trades under the ticker VNOM.