Viper Energy, Inc. (VNOM) has completed its previously announced acquisition of certain mineral and royalty interests from Diamondback Energy, Inc. The transaction, referred to as the "2026 Drop Down," involved the issuance of unregistered Class B common stock as consideration.

Key Details

  • Transaction Close: The acquisition was officially completed on September 1, 2026.
  • Consideration: Viper Energy issued 3,815,459 shares of its Class B common stock and an equivalent number of units in its subsidiary, VNOM Holding Company LLC, to acquire the assets.
  • Securities Note: The shares were issued in a private transaction as an unregistered sale, exempt from registration under the Securities Act of 1933.