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Viper Energy Ut (NASDAQ: VNOM) — Company Overview, News & Financial Data

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VNOM Viper Energy Ut
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Company profile

Viper Energy Ut

Viper Energy Ut is an American energy company focused on owning and acquiring mineral and royalty interests in oil and natural gas properties, primarily located in the Permian Basin of West Texas and southeastern New Mexico. The company operates as a subsidiary of Diamondback Energy, receiving lease bonuses and production royalties from operated and non-operated oil and gas wells. Its mineral ownership strategy provides direct exposure to crude oil, natural gas, and natural gas liquids production without requiring direct capital expenditures for drilling, development, or operating costs on the underlying acreage.

Snapshot

Public USOwnership
2013Year founded
11–50Employees
Midland, United StatesHead office
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Global footprint

Operations

Products and/or services of Viper Energy Ut

  • Permian Basin Mineral Interests: Royalty and overriding royalty interests across acreage in the Midland and Delaware Basins, delivering unburdened royalty income without operational capital expenditure requirements from oil and natural gas wells.
  • Midland Basin Royalty Ownership: Mineral rights covering high-density acreage across the Midland Basin in West Texas, generating revenue through third-party and affiliate-operated oil and natural gas development without drilling or completion costs.
  • Delaware Basin Royalty Holdings: Mineral and overriding royalty interest assets situated in the Delaware Basin of West Texas and southeastern New Mexico, capturing production cash flows from active horizontal drilling programs across active oil assets.
  • Crude Oil Royalty Production: Primary revenue stream derived from production-linked royalty payments on crude oil extraction, benefiting directly from sustained lease development and continuous well completions by operating exploration and production companies.
  • Natural Gas Liquids Royalty Income: Cash flow generation derived from leasehold production of natural gas liquids across operated and non-operated acreage, supporting overall corporate revenues across multi-well pad developments in key resource basins.
  • Mineral Rights Acquisitions: Strategic acquisition of perpetual mineral rights, overriding royalty interests, and related oil and gas assets across established unconventional plays to systematically expand acreage and enhance underlying long-term royalty production.

Viper Energy Ut executive team

  • Mr. Matthew Kaes Van't HofCEO & Director
  • Ms. Teresa L. Dick CPAExecutive VP, CFO & Assistant Secretary
  • Mr. P. Matt ZmigroskyDirector, Executive VP, General Counsel & Secretary
  • Mr. Albert BarkmannExecutive VP & Chief Engineer
  • Mr. Austen GilfillianPresident and Director