Viper Energy Partners LP Stock News

Viper Energy's latest acquisition contributed minimally in Q3. The rest of the acquisition closed in the fourth quarter. Management highlighted that the recent distribution was 83% of available cash, surpassing the 75% goal. Viper's dividend strategy includes a base dividend protected at WTI $30 per share and a variable dividend influenced by share repurchases.

Viper Energy, Inc. (NASDAQ:VNOM ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Adam Lawlis - Vice President-Investor Relations Travis Stice - Chief Executive Officer Austen Gilfillian - Vice President Conference Call Participants Neal Dingmann - Truist Securities Betty Jiang - Barclays Leo Mariani - ROTH Operator Good day, and thank you for standing by. Wel...

MIDLAND, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc., (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced financial and operating results for the third quarter ended September 30, 2024.

The market is experiencing robust earnings growth, low inflation, and solid GDP figures, leading many to feel bullish despite underlying economic challenges. While valuations are high, investors are banking on an "immaculate soft landing" for growth, making high-quality dividend stocks an attractive choice. I'm gradually shifting my focus to high-yield dividend stocks, anticipating better risk/...

Viper Energy, based in Midland, Texas, aggregates and manages royalty interests, unlike traditional oil and gas producers. Viper is a $9.7 billion market cap minerals company that is 40% owned by Diamondback Energy. At 2Q24 base plus variable dividend rates annualized, it is returning 5.0%, on par with Treasuries and higher than many equities.

Oil stocks are looking to move higher, with Halliburton in the mix.

MIDLAND, Texas, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced it and its operating subsidiary Viper Energy Partners LLC (“OpCo”) completed the previously announced acquisition of certain mineral and royalty interest- owning subsidiaries of Tumbleweed Royalty I...

MIDLAND, Texas, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ: VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release third quarter 2024 financial results on November 4, 2024 after the market closes.