Financing ·
Viper Energy adopts distribution reinvestment plan for OpCo Units capped at 72.2M shares
VNOMViper Energy, Inc.
Viper Energy adopted a distribution reinvestment plan allowing holders of limited liability company units in its operating subsidiary to elect reinvestment of cash distributions into newly issued units and corresponding Class B common stock. The aggregate issuance is capped at approximately 72,178,273 units, representing roughly 20% of outstanding equity. This program enables eligible unit holders to acquire additional ownership stakes without direct cash outlay. Viper Energy operates in the oil and gas industry, focusing on unconventional resource development.