
Diamondback Subsidiary Viper Energy Partners Announces Public Offering of Common Units
Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Public Offering of Common Units
Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Public Offering of Common Units
Diamondback Energy, Inc. (ticker: FANG) produced 102.6 MBOEPD in Q1 2018. This is 10% more than Q4 2017 production volumes of 92.9 MBOEPD. Diamondback is currently running 11 drilling rigs and five dedicated completion crews. Q1 2018 average realized prices were $61.66 per barrel of oil, $2.20 per Mcf of natural gas and $24.64 per barrel of natural gas liquids,
VNOM: Viper expanded its footprint in the Permian Basin and ‘looks to continue to be active in acquiring minerals’ Q3 Stats Cash distribution of $0.337 per common unit, up 63% year over year and highest in company history; implies a 7.4% annualized yield based on October 23 unit closing price of $18.16 Production of 12,611 BOEPD (68% oil), up 20%
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