Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Has Completed Its Acquisition of Sitio Royalties Corp. In All-Equity Transaction
Viper Energy (NASDAQ:VNOM), a subsidiary of Diamondback Energy (NASDAQ:FANG), has completed its acquisition of Sitio Royalties Corp. in an all-equity transaction. The merger creates a leading entity in the mineral and royalty industry with significant scale and access to investment-grade capital.
Following the acquisition, Viper has revised its Q3 2025 guidance, projecting average oil production of 54,500-57,500 bo/d (an 8,500 bo/d increase at midpoint) and total production of 104,000-110,000 boe/d (an 18,000 boe/d increase at midpoint). These increases reflect 43 days of contribution from Sitio.
The combined entity maintains Viper's unique relationship with Diamondback while positioning itself for sustained growth with no capital expenditure and limited operating costs.
Viper Energy (NASDAQ:VNOM), controllata di Diamondback Energy (NASDAQ:FANG), ha completato l'acquisizione di Sitio Royalties Corp. in un'operazione interamente in azioni. La fusione d脿 vita a un protagonista di primo piano nel settore dei minerali e delle royalty, con una dimensione significativa e accesso a capitale di qualit脿 investment-grade.
A seguito dell'acquisizione, Viper ha aggiornato le proprie previsioni per il 3掳 trimestre 2025, stimando una produzione media di petrolio di 54.500-57.500 bo/d (un aumento di 8.500 bo/d rispetto al punto medio) e una produzione totale di 104.000-110.000 boe/d (un incremento di 18.000 boe/d rispetto al punto medio). Questi aumenti includono 43 giorni di contributo da parte di Sitio.
La societ脿 combinata conserva la relazione esclusiva di Viper con Diamondback e si posiziona per una crescita sostenuta senza spese in conto capitale e con costi operativi limitati.
Viper Energy (NASDAQ:VNOM), filial de Diamondback Energy (NASDAQ:FANG), ha completado la adquisici贸n de Sitio Royalties Corp. en una operaci贸n totalmente en acciones. La fusi贸n crea una empresa l铆der en el sector de minerales y regal铆as, con escala significativa y acceso a capital de grado de inversi贸n.
Tras la compra, Viper revis贸 su pron贸stico para el 3T 2025, proyectando una producci贸n media de crudo de 54.500-57.500 bo/d (un aumento de 8.500 bo/d respecto al punto medio) y una producci贸n total de 104.000-110.000 boe/d (un incremento de 18.000 boe/d respecto al punto medio). Estos aumentos reflejan 43 d铆as de contribuci贸n de Sitio.
La entidad resultante mantiene la relaci贸n 煤nica de Viper con Diamondback y se sit煤a para un crecimiento sostenido sin gastos de capital y con costes operativos limitados.
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鞚胳垬 頉� Viper電� 2025雲� 3攵勱赴 臧�鞚措崢鞀�毳� 靾橃爼頃� 韽夑窢 鞗愳湢 靸濎偘霟夓潉 54,500鈥�57,500 bo/d搿�(欷戧皠臧� 旮办 8,500 bo/d 歃濌皜) 鞓堨儊頃橁碃 齑� 靸濎偘霟夓潉 104,000鈥�110,000 boe/d搿�(欷戧皠臧� 旮办 18,000 boe/d 歃濌皜) 鞝滌嫓頄堨姷雼堧嫟. 鞚措煬頃� 歃濌皜電� Sitio鞚� 43鞚茧秳 旮办棳毳� 氚橃榿頃� 瓴冹瀰雼堧嫟.
韱淀暕 氩曥澑鞚� Viper鞕� Diamondback 臧勳潣 霃呿姽頃� 甏�瓿勲ゼ 鞙犾頃橂┐靹滊弰 鞛愲掣 歆�於� 鞐嗢澊 頃滌爼霅� 鞖挫榿牍勲 歆�靻嶌爜鞚� 靹膘灔鞚� 霃勲頃� 鞙勳箻鞐� 靹办姷雼堧嫟.
Viper Energy (NASDAQ:VNOM), filiale de Diamondback Energy (NASDAQ:FANG), a finalis茅 l'acquisition de Sitio Royalties Corp. dans le cadre d'une op茅ration enti猫rement en actions. La fusion cr茅e un acteur majeur dans le secteur des min茅raux et royalties, avec une taille significative et un acc猫s 脿 du capital de qualit茅 investment-grade.
Apr猫s l'acquisition, Viper a r茅vis茅 ses pr茅visions pour le 3e trimestre 2025, pr茅voyant une production moyenne de p茅trole de 54 500鈥�57 500 bo/d (soit une hausse de 8 500 bo/d par rapport au point m茅dian) et une production totale de 104 000鈥�110 000 boe/d (une augmentation de 18 000 boe/d par rapport au point m茅dian). Ces hausses tiennent compte de la contribution de Sitio sur 43 jours.
L'entit茅 fusionn茅e conserve la relation unique de Viper avec Diamondback et se place pour une croissance soutenue sans d茅penses en capital et avec des co没ts d'exploitation limit茅s.
Viper Energy (NASDAQ:VNOM), eine Tochtergesellschaft von Diamondback Energy (NASDAQ:FANG), hat die 脺bernahme von Sitio Royalties Corp. in einer reinen Aktientransaktion abgeschlossen. Der Zusammenschluss schafft ein f眉hrendes Unternehmen im Bereich Mineralien und Royalties mit betr盲chtlicher Gr枚脽e und Zugang zu Investment-Grade-Kapital.
Nach der 脺bernahme hat Viper seine Prognose f眉r Q3 2025 angepasst und erwartet eine durchschnittliche 脰lf枚rderung von 54.500鈥�57.500 bo/d (ein Anstieg von 8.500 bo/d gegen眉ber dem Mittelpunkwert) sowie eine Gesamtproduktion von 104.000鈥�110.000 boe/d (ein Plus von 18.000 boe/d gegen眉ber dem Mittelpunkwert). Diese Zuw盲chse ber眉cksichtigen 43 Tage Beitrag durch Sitio.
Das kombinierte Unternehmen beh盲lt Vipers besondere Beziehung zu Diamondback bei und ist zugleich f眉r nachhaltiges Wachstum positioniert, ohne Kapitalausgaben und mit begrenzten Betriebskosten.
- Creation of an industry leader in minerals market with enhanced size, scale, and liquidity
- Increased Q3 2025 production guidance with 8,500 bo/d boost in oil production
- Business model requires no capex and limited operating costs
- Access to investment grade capital while maintaining relationship with Diamondback Energy
- Potential for sustained growth in North American shale
- Integration risks associated with merging two large royalty companies
- Potential shareholder dilution due to all-equity transaction structure
MIDLAND, Texas, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) (鈥淰iper鈥� or the 鈥淐ompany鈥�), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (鈥淒iamondback鈥�), today announced that Viper has completed its acquisition of Sitio Royalties Corp. (鈥淪itio鈥�) in an all-equity transaction. Additionally, the Company announced revised Q3 2025 production guidance to give effect to the closing of the merger.
REVISED THIRD QUARTER 2025 GUIDANCE
- Average oil production of 54,500 鈥� 57,500 bo/d; represents an increase of 8,500 bo/d at the midpoint versus prior standalone guidance given 43 days of contribution from Sitio
- Average total production of 104,000 鈥� 110,000 boe/d; represents an increase of 18,000 boe/d at the midpoint versus prior standalone guidance given 43 days of contribution from Sitio
鈥淲e are pleased to announce the closing of the merger of Viper and Sitio, the combination of which signifies an important moment for the mineral and royalty industry. This combination creates a leader in size, scale, float, liquidity and access to investment grade capital in the highly fragmented minerals market with Viper still maintaining its highly unique and symbiotic relationship with Diamondback as our parent company. Pro forma Viper will be uniquely positioned in North American shale to deliver sustained growth with no capex and only limited operating costs,鈥� stated Kaes Van鈥檛 Hof, Chief Executive Officer of Viper.
About Viper Energy, Inc.
Viper is a corporation formed by Diamondback to own, acquire and exploit oil and natural gas properties in North America, with a focus on owning and acquiring mineral and royalty interests in oil-weighted basins, primarily the Permian Basin. For more information, please visit www.viperenergy.com.
About Diamondback Energy, Inc.
Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. For more information, please visit www.diamondbackenergy.com.
Forward-Looking Statements
This communication includes forward-looking statements within the meaning of the federal securities laws, which involve certain risks, uncertainties and assumptions that could cause the results to differ materially from such statements. All statements, other than historical facts, that address activities that Viper assumes, plans, expects, believes, intends or anticipates (and other similar expressions) will, should or may occur in the future, the benefits of the merger between Viper and Sitio and Viper鈥檚 future financial performance following the merger, Viper鈥檚 strategy, future operations, financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management, are forward-looking statements. When used herein, the words 鈥渕ay,鈥� 鈥渃ould,鈥� 鈥渂elieve,鈥� 鈥渁nticipate,鈥� 鈥渋ntend,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥減roject鈥� and similar expressions and the negative of such words and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. The forward-looking statements are based on Viper鈥檚 management鈥檚 current beliefs, based on currently available information, as to the outcome and timing of future events.
Factors that could cause the outcomes to differ materially include (but are not limited to) the following: Viper鈥檚 ability to successfully integrate Sitio鈥檚 and Viper鈥檚 businesses and technologies; the risk that the expected benefits and synergies of the merger between Viper and Sitio may not be fully achieved in a timely manner, or at all; the risk that Viper will not be able to retain and hire key personnel; unanticipated difficulties or expenditures relating to the merger between Viper and Sitio, the response of business partners and retention as a result of the merger; Viper鈥檚 ability to finance the combined company on acceptable terms or at all; uncertainty as to the long-term value of Viper鈥檚 common stock; the diversion of Viper鈥檚 management鈥檚 time on transaction-related matters; and those risks described in Viper鈥檚 periodic filings with the U.S. Securities and Exchange Commission (鈥淪EC鈥�), including in Item 1A of Viper鈥檚 Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 26, 2025, subsequent Forms 10-Q and 8-K and other filings Viper makes with the SEC, which can be obtained free of charge on the SEC鈥檚 website at http://www.sec.gov and Viper鈥檚 website at www.viperenergy.com/investors/overview.
In light of these factors, the events anticipated by Viper鈥檚 forward-looking statements may not occur at the time anticipated or at all. Moreover, Viper conducts its business in a very competitive and rapidly changing environment and new risks emerge from time to time. Viper cannot predict all risks, nor can it assess the impact of all factors on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those anticipated by any forward-looking statements they may make. Accordingly, you should not place undue reliance on any forward-looking statements. All forward-looking statements speak only as of the date of this communication or, if earlier, as of the date they were made. Viper does not intend to, and disclaims any obligation to, update or revise any forward-looking statements unless required by applicable law.
Investor Contact
Viper Energy:
Chip Seale
+1 432.247.6218
[email protected]
Source: Viper Energy, Inc.; Diamondback Energy, Inc.
FAQ
What are the terms of Viper Energy's acquisition of Sitio Royalties?
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How will the Viper-Sitio merger impact the mineral and royalty industry?
