Viper Energy Partners LP
NASDAQ:VNOM

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Viper Energy Partners LP
NASDAQ:VNOM
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Price: 49.89 USD -0.62%
Market Cap: 9.4B USD
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Viper Energy Partners LP
Investor Relations

Viper Energy Partners LP stands out in the oil and gas industry due to its unique business model centered on mineral rights acquisition. Formed by Diamondback Energy, a well-known player in the Permian Basin, Viper Energy Partners was established to manage and optimize the vast mineral rights held and acquired by Diamondback. Unlike traditional exploration and production companies, Viper Energy focuses on owning mineral interests rather than working interests. This strategic choice reduces operational risks, as Viper doesn't directly engage in drilling operations. Instead, it generates revenue through leasing agreements with operators who extract oil and gas from its lands. This means while others bear the costs and risks associated with drilling and production, Viper essentially collects royalties—a steady revenue stream influenced by production levels and oil and gas prices.

The heart of Viper's profitability lies in its extensive mineral and royalty interests scattered across some of the most prolific areas within the Permian Basin. As operators ramp up production on these lands, Viper benefits without the operational headaches typical of oil companies. Additionally, the company actively seeks to expand its portfolio through strategic acquisitions, bolstering its income potential. This asset-light model ensures that Viper can maintain strong financial health, appealing to investors seeking exposure to the oil and gas sector without the volatility often associated with exploration and production risks. In essence, Viper Energy Partners has carved out a niche in the energy sector by capitalizing on its ability to monetize mineral rights effectively, establishing itself as a significant player in the Permian Basin’s dynamic landscape.

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Earnings Calls

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Management

Mr. Travis D. Stice
CEO & Director of Viper Energy Partners GP LLC
No Bio Available
Mr. Matthew Kaes Van't Hof
President & Director of Viper Energy Partners GP LLC
No Bio Available
Ms. Teresa L. Dick CPA
Executive VP, CFO & Assistant Secretary of Viper Energy Partners GP LLC
No Bio Available
Mr. Adam T. Lawlis
Vice President of Investor Relations of Viper Energy Partners GP LLC
No Bio Available
Mr. P. Matt Zmigrosky
Executive VP, General Counsel & Secretary of Viper Energy Partners GP LLC
No Bio Available
Mr. Al Barkmann
Executive VP & Chief Engineer of Viper Energy Partners GP LLC
No Bio Available

Contacts

Address
TEXAS
Midland
500 W Texas Ave Ste 1200
Contacts
+14322217400.0
www.viperenergy.com