OverviewSuggest Edit

Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties. We expect our initial focus will concentrate on the Permian Basin, which is one of the oldest and most prolific producing basins in North America. The Permian Basin, which consists of approximately 85,000 square miles centered around Midland, Texas, has been a significant source of oil production since the 1920s. The Permian Basin is known to have a number of zones of oil and natural gas bearing rock throughout.

TypePublic
Founded2013
HQMidland, US
Websiteviperenergy.com

Latest Updates

Revenue (FY, 2018)$288.8 M(+68%)
Share Price (Jan 2020)$25.5 (-1%)

Key People/Management at Viper Energy Partners

Travis D. Stice

Travis D. Stice

Chief Executive Officer and Director
Steven E. West

Steven E. West

Executive Chairman, Director
Teresa L. Dick

Teresa L. Dick

Executive Vice President, Chief Financial Officer and Assistant Secretary
Kaes van'T Hof

Kaes van'T Hof

President
Spencer D. Armour

Spencer D. Armour

Director
Rosalind Redfern Grover

Rosalind Redfern Grover

Director
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Viper Energy Partners Office Locations

Viper Energy Partners has an office in Midland
Midland, US (HQ)
500 W Texas Ave #1200
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Viper Energy Partners Financials and Metrics

Viper Energy Partners Revenue

Viper Energy Partners's revenue was reported to be $288.82 m in FY, 2018
USD

Revenue (Q3, 2019)

71.8m

Net income (Q3, 2019)

7.9m

EBIT (Q3, 2019)

46.6m

Market capitalization (10-Jan-2020)

3.4b

Closing stock price (10-Jan-2020)

25.5

Cash (30-Sept-2019)

20.0m

EV

3.8b
Viper Energy Partners's current market capitalization is $3.4 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

79.1m172.0m288.8m

General and administrative expense

5.2m6.3m8.0m

Operating expense total

5.2m6.3m8.0m

EBIT

(9.3m)113.8m203.0m
Quarterly
USDQ2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

14.2m17.0m20.0m33.7m36.6m42.5m62.4m75.4m78.6m61.6m72.2m71.8m

General and administrative expense

2.6m1.7m1.2m1.2m2.1m1.6m1.4m2.7m2.2m1.3m1.7m1.7m1.8m

Operating expense total

23.5m1.7m1.2m1.2m2.1m1.6m1.4m2.7m2.2m1.3m1.7m1.7m1.8m

EBIT

12.7m(23.1m)(13.7m)10.6m21.5m22.5m27.1m43.7m54.9m54.8m40.0m49.6m46.6m
Annual
usdFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

15.1m539.0k9.2m24.2m22.7m

Accounts Receivable

1.8b25.8m38.8m

Prepaid Expenses

355.0k257.0k

Current Assets

24.1m10.9m23.4m55.4m65.2m
Annual
usdFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

3.0m3.0m(10.9m)262.9m

Inventories

224.0k

Accounts Payable

1.3m2.5m

Cash From Operating Activities

14.3m(14.6m)68.6m139.2m244.5m
Quarterly
USDY, 2019

EV/EBIT

82.2 x

EV/CFO

23.3 x

Financial Leverage

1 x
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Viper Energy Partners Online and Social Media Presence

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Viper Energy Partners News and Updates

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Launches $400 Million Offering of Senior Notes

MIDLAND, Texas, Oct. 07, 2019 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ: VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), announced today that it proposes to offer, subject to market conditions and other factors, $400 million aggregate principal …

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Provides Third Quarter 2019 Production and Acquisition Update

MIDLAND, Texas, Oct. 07, 2019 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ:VNOM) ("Viper" or the “Partnership”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today provided an update on production and acquisitions for the third quarter of 2019.  

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces All-Equity Acquisition

MIDLAND, Texas, Sept. 13, 2019 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ:VNOM) ("Viper" or the “Partnership”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), today announced it has entered into a definitive purchase and sale agreement (“the Purchase and Sale Agr…

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Prices Upsized Public Offering of Common Units

MIDLAND, Texas, Feb. 26, 2019 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ:VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), announced today the pricing of Viper’s public offering of 9,500,000 common units representing limited partner interests at a p…

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Third Quarter 2018 Financial and Operating Results

MIDLAND, Texas, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (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, 2018.

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Schedules Third Quarter 2018 Conference Call for October 30, 2018

MIDLAND, Texas, Oct. 18, 2018 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ: VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), announced that they plan to release third quarter 2018 financial results on October 29, 2018 after the market closes.
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Viper Energy Partners Blogs

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Provides Fourth Quarter 2019 Production Update and Schedules Fourth Quarter 2019 Conference Call for February 12, 2020

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Provides Fourth Quarter 2019 Production Update and Schedules Fourth Quarter 2019 Conference Call for February 12, 2020 Content Import Tue, 01/07/2020 - 06:00 Viper Energy Partners LP, a Subsidiary of Diamondback Energy, In…

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Third Quarter 2019 Financial and Operating Results

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Third Quarter 2019 Financial and Operating Results Content Import Tue, 10/29/2019 - 16:01 Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Third Quarter 2019 Financial and Operating Resul…

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Prices Upsized $500 Million Offering of 5.375% Senior Notes

MIDLAND, Texas , Oct. 10, 2019 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ: VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), announced today that it has priced at par an offering of $500 million aggregate principal amount of its 5.375% Senior Notes

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Second Quarter 2019 Financial and Operating Results; Announces Significant Drop Down Transaction

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Second Quarter 2019 Financial and Operating Results; Announces Significant Drop Down Transaction Content Import Tue, 07/30/2019 - 16:01 Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Se…

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Schedules Second Quarter 2019 Conference Call for July 31, 2019

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Schedules Second Quarter 2019 Conference Call for July 31, 2019 Content Import Tue, 07/09/2019 - 16:02 Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Schedules Second Quarter 2019 Conference Call for J…

Viper Energy Partners Frequently Asked Questions

  • When was Viper Energy Partners founded?

    Viper Energy Partners was founded in 2013.

  • Who are Viper Energy Partners key executives?

    Viper Energy Partners's key executives are Travis D. Stice, Steven E. West and Teresa L. Dick.

  • What is Viper Energy Partners revenue?

    Latest Viper Energy Partners annual revenue is $288.8 m.

  • Who are Viper Energy Partners competitors?

    Competitors of Viper Energy Partners include Targa Resources, Victoria Oil & Gas and China National Offshore Oil.

  • Where is Viper Energy Partners headquarters?

    Viper Energy Partners headquarters is located at 500 W Texas Ave #1200, Midland.

  • Where are Viper Energy Partners offices?

    Viper Energy Partners has an office in Midland.

  • How many offices does Viper Energy Partners have?

    Viper Energy Partners has 1 office.