Your Portal for Key Energy Information and Research

Viper Energy Partners LP

Company Summary

Description

Viper is a limited partnership formed by Diamondback to own, acquire and exploit oil and natural gas properties in North America, with a focus on the Permian Basin.

Website

http://www.viperenergy.com/

Operational Regions

  • Permian Basin

Financial Data:

NASDAQ:VNOM from Google Finance

Tickers:

  • VNOM - NASDAQ

Related Entities

Recent news

  • 10/4/2021 - Viper Energy Partners... (subscriber access)
  • 8/9/2021 - Viper Energy to Acquire... (subscriber access)
  • 11/10/2020 - Viper Energy Partners... (subscriber access)
  • 1/7/2020 - Diamondback Energy... (subscriber access)
  • 10/30/2019 - Viper Energy Closes $500... (subscriber access)

Investor Presentations

  • July 2019 Investor Presentation
  • May 2019 Presentation (subscriber access)
  • 3Q18 Earnings Presentation (subscriber access)
  • August 2018 Investor Presentation (subscriber access)
  • 1Q18 Investor Presentation (subscriber access)
  • Q3 2017 Earnings Presentation (subscriber access)
  • 1Q17 Earnings Presentation (subscriber access)

Company Transactions

Date: 10/4/2021
Type: Joint Venture

BUYERS:
  • Viper Energy Partners LP
    • SELLERS:
  • Swallowtail Royalties II LLC
  • Swallowtail Royalties LLC
    • DETAILS:

    COST: 225 $MM

    ACRES: 2302 Acres

    NOTES:
    Viper Energy Partners, a subsidiary of Diamondback Energy, closed on its purchase of mineral and royalty assets from Swallowtail Royalties and Swallowtail Royalties II (Blackstone Energy firms.) They issued 15.25 million common units and $225 million in cash for the 2,302 net royalty acres in the Northern Midland Basin.
    REGIONS:
  • Midland Basin

    • Date: 12/30/2019
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 150 $MM

    VOLUMES: 1.4 MBOE/d

    ACRES: 1358 Acres

    NOTES:
    Viper Energy Partners entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interests from Santa Elena Minerals for approximately 5.2 million common units representing limited partner interests in Viper. The transaction, valued at $150 million, contains an effective date of October 1, 2019, and an anticipated closing date of 4Q19.
    REGIONS:
  • Midland Basin

    • Date: 9/30/2019
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 193.6 $MM

    ACRES: 1281 Acres

    NOTES:
    In 3Q19, Viper Energy completed 25 acquisitions to add 1,281 net royalty acres for $193.6 million.
    REGIONS:
  • Permian Basin

    • Date: 3/30/2019
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 82.7 $MM

    ACRES: 627 Acres

    REGIONS:
  • Permian Basin

    • Date: 10/30/2018
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 104 $MM

    ACRES: 933 Acres

    NOTES:
    Viper Energy acquired 933 net royalty acres for $104 million in 4Q18.
    REGIONS:
  • Permian Basin

    • Date: 8/30/2018
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 85 $MM

    ACRES: 760 Acres

    NOTES:
    Viper Energy Partners acquired 760 net acres for $85 million from unrelated third parties in 3Q18.
    REGIONS:
  • Permian Basin

    • Date: 8/30/2018
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • SELLERS:
  • Diamondback Energy, Inc.
    • DETAILS:

    COST: 175 $MM

    ACRES: 1696 Acres

    NOTES:
    Viper Energy Partners announced the drop down of 1,696 net acres from Diamondback for $175 million during 3Q18. In combination with the 760 net royalty acres purchased from unrelated third parties in 3Q18, the Company now holds a total of 13,908 net royalty acres.
    REGIONS:
  • Permian Basin

    • Date: 8/15/2018
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • SELLERS:
  • Diamondback Energy, Inc.
    • DETAILS:

    COST: 175 $MM

    ACRES: 1696 Acres

    NOTES:
    Drop down acquisition of 1,696 net royalty acres for $175 million
    REGIONS:
  • Permian Basin

    • Date: 8/14/2018
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 61 $MM

    ACRES: 557 Acres

    NOTES:
    Acquisition of 557 net royalty acres.
    REGIONS:
  • Permian Basin

    • Date: 6/30/2018
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 103 $MM

    ACRES: 924 Acres

    NOTES:
    During the second quarter of 2018, Viper acquired 924 net royalty acres for an aggregate purchase price of $103 million
    REGIONS:
  • Permian Basin

    • Date: 2/7/2018
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 123 $MM

    ACRES: 681 Acres

    REGIONS:
  • Eagle Ford

    • Date: 12/31/2017
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 39 $MM

    ACRES: 397 Acres

    REGIONS:
  • Permian Basin

    • Date: 9/30/2017
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 179 $MM

    ACRES: 1677 Acres

    NOTES:
    Bolt-on royalty acreage acquisitions during the third quarter of 2017
    REGIONS:
  • Delaware Basin

    • Date: 8/20/2017
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 87.3 $MM

    ACRES: 711 Acres

    NOTES:
    Viper Energy Partners has entered into a deal to acquire 711 net royalty acres (49,935 gross) in the Delaware Basin for a total purchase price of $87.3 million.
    REGIONS:
  • Delaware Basin

    • Date: 8/1/2017
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 77.7 $MM

    ACRES: 747 Acres

    NOTES:
    Viper Energy Partners has acquired 747 net (24,102 gross) royalty acres in the Delaware Basin for a total purchase price of $77.7 million.
    REGIONS:
  • Delaware Basin

    • Date: 6/30/2017
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 117 $MM

    ACRES: 989 Acres

    NOTES:
    During the second quarter of 2017, Viper Energy Partners completed the acquisition of 989 net royalty acres in the Permian Basin.
    REGIONS:
  • Permian Basin

    • Date: 2/7/2017
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 26 $MM

    ACRES: 219 Acres

    REGIONS:
  • Permian Basin

    • Date: 1/31/2017
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 0.9 $MM

    ACRES: 11 Acres

    REGIONS:
  • Delaware Basin

    • Date: 12/31/2016
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 68.1 $MM

    ACRES: 887 Acres

    NOTES:
    In the fourth quarter of 2016, Viper acquired 887 net royalty acres in the Permian Basin for $68.1 million
    REGIONS:
  • Permian Basin

    • Date: 8/31/2016
    Type: Acquisition

    BUYERS:
  • Viper Energy Partners LP
    • DETAILS:

    COST: 111 $MM

    VOLUMES: 500 BOE/d

    ACRES: 1464 Acres

    NOTES:
    Viper Energy announced that it is in talks with third-parties to acquire 650 gross (142 net) acres in the Delaware Basin and in a separate deal the company acquired 7,487 gross (601 net) acres in the Midland Basin. The transactions are estimated to cost the company $111 million and should add 500 boe/d of production. The Midland Basin deal closed on July 22, 2016 and the Delaware Basin deal is planned for an August 2016 close.
    REGIONS:
  • Delaware Basin
  • Permian Basin