

Viper Energy offers a compelling royalty model, strong cash flow, and shareholder-friendly capital returns, but current valuation limits its appeal. VNOM trades at 17x forward earnings with a 5%+ yield, but peers like Black Stone Minerals and Dorchester Minerals offer higher yields and cheaper multiples. Recent asset sales improved VNOM's balance sheet, enabling debt reduction, dividend hikes, and aggressive buybacks, but production growth appears well priced in.

MIDLAND, Texas, July 01, 2026 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced that Viper has completed its previously announced acquisition of all of the equity interests of Riverbend Oil & Gas IX, L.L.C., an entity owning certain mineral and royalty interests, from Riverbend Oil & Gas IX (AIV), L.L.C. and ROG IX, L.L.C. (such acquisition, the “Riverbend Acquisition”) in exchange for $337 million in cash and approximately 3.7 million shares of Viper's Class A common stock, par value $0.000001 per share, subject to customary post-closing adjustments. The cash portion of the Riverbend Acquisition was funded through a combination of cash on hand and borrowings under the Company's credit facility.

MIDLAND, Texas, June 30, 2026 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ: VNOM) ("Viper"), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback"), today announced that it plans to release second quarter 2026 financial results on August 3, 2026 after the market closes.

MIDLAND, Texas, June 30, 2026 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ: VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release second quarter 2026 financial results on August 3, 2026 after the market closes.

ConocoPhillips provides global diversification and scale through its massive international exploration and production operations. Viper Energy offers a focused royalty model that captures high-margin growth from the prolific Permian Basin.

Gulfport Energy focuses on natural gas production with a strong concentration in the Appalachia and Anadarko basins. Viper Energy operates as a royalty interest owner, benefiting from Permian Basin production without the direct costs of drilling.

Viper Energy (VNOM) reported earnings 30 days ago. What's next for the stock?

Energy remains a top investment focus due to global demand, constrained supply growth, and attractive sector valuations versus the S&P 500. I highlight my preferred picks across the energy supply chain: LandBridge, Viper Energy, Helmerich & Payne, Diamondback Energy, Western Midstream, and Marathon Petroleum. VNOM offers high cash returns to shareholders, while WES and MPC provide strong yields and capital return strategies, each excelling in their respective niches.
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