Viper Energy

VNOM NASDAQ
30.61
-0.26
-0.84%
Closed 16:10 07/15 EDT
Open
30.57
Prev Close
30.87
High
31.35
Low
30.43
Volume
197.91K
Avg Vol (3M)
375.71K
52 Week High
44.00
52 Week Low
22.76
% Turnover
0.15%
Market Cap
4.13B
1D
5D
1M
3M
1Y
5Y

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Company Profile

Viper Energy Partners LP is engaged in owning, acquiring and exploiting oil and natural gas properties in North America. The Company's assets are located in the Permian Basin of West Texas. As of December 31, 2016, the Permian Basin consisted of approximately 85,000 square miles. As of December 31, 2016, its assets consisted of mineral interests underlying 107,568 gross acres in the Permian Basin. As of December 31, 2016, there were 545 vertical wells and 190 horizontal wells producing on this acreage. As of December 31, 2016, its estimated proved oil and natural gas reserves of its assets was 31,435 thousand barrels of crude oil equivalent (MBOE). As of December 31, 2016, the Company's proved reserves were approximately 68% oil, 18% natural gas liquids and 14% natural gas. In addition to its mineral interests, the Company owns a minor equity interest in an entity that owns mineral, overriding royalty, net profits, leasehold and other similar interests.
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