Viper Energy Partners (VNOM) Declares $0.189 Quarterly Dividend; 4.2% Yield; Updates on Recent M&A Activity

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Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Second Quarter 2016 Financial and Operating Results and Announces Accretive Acquisition

July 25, 2016 5:02 PM EDT

MIDLAND, Texas, July 25, 2016 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ: VNOM) ("Viper" or the Company), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback"), today announced financial and operating results for the second quarter ended June 30, 2016 and provided an update on acquisitions.

HIGHLIGHTS

The Board of Directors of Viper's general partner has declared a cash distribution for the three months ended June 30, 2016 of $0.189 per common unit, payable on August 22, 2016,... More