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 ...

Viper defines Adjusted EBITDA as net income (loss) attributable to Viper Energy, Inc. plus net income (loss) attributable to non-controlling interest (“net income (loss)”) before interest ...

Giving effect to the closing of the TWR IV acquisition on October 1, 2024, Viper's pro forma acreage position was approximately 35,634 net royalty acres, of which Diamondback operated ...

Of these 330 gross wells, Diamondback is the operator of 81 gross wells, with an average royalty interest of 5.1%, and the remaining 249 gross wells, with an average royalty interest of 1.1%, are ...

Enhanced alignment with Diamondback's merger with Endeavor. Market Presence: Added to S&P MidCap 400 and Russell 1000 indices. Viper Energy Inc (NASDAQ:VNOM) reported continued organic production ...

Through the first nine months of 2024, Diamondback's net cash provided by operating activities was $4.1 billion. Third quarter 2024 Consolidated Adjusted EBITDA (as defined and reconciled below ...

Importantly, Diamondback's merger with Endeavor, which closed during the third quarter, only enhanced this alignment as Endeavor was previously the second largest third-party operator on Viper's ...

(1) Includes two additional net wells drilled and nine additional net wells completed, respectively, from interests acquired in the Endeavor Acquisition during the first six months of 2024.