Mergers & Acquisitions ·
Viper Energy completed the acquisition of mineral and royalty interests from Diamondback Energy on September 1, 2026…
VNOMViper Energy, Inc.
Viper Energy completed the acquisition of mineral and royalty interests from Diamondback Energy on September 1, 2026, as part of its previously announced '2026 Drop Down' transaction. The company acquired these assets in exchange for issuing 3,815,459 units representing limited liability company membership interests in a consolidated subsidiary and an equivalent number of shares of Class B common stock. This unregistered issuance relied on the Section 4(a)(2) exemption from Securities Act registration requirements. Viper Energy operates in the oil and gas industry, focusing on the acquisition and development of mineral and royalty assets.