Viper Energy (VNOM) Reports Q1 EPS of $0.61
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Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports First Quarter 2019 Financial and Operating Results
April 30, 2019 4:01 PM EDTMIDLAND, Texas, April 30, 2019 (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 first quarter ended March 31, 2019.
HIGHLIGHTS
Q1 2019 cash distribution of $0.38 per common unit; implies a last twelve month yield of 5.9% based on the April 26, 2019 unit closing price of $34.82Q1 2019 consolidated net income (including non-controlling interest) of $74.3 million, consolidated adjusted EBITDA (as defined and reconciled below) of $57.3 million and cash... More