Viper Energy (VNOM) Tops Q1 EPS by 20c
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Viper Energy Partners LP, A Subsidiary of Diamondback Energy, Inc., Reports First Quarter 2020 Financial and Operating Results
May 4, 2020 4:01 PM EDTMIDLAND, Texas, May 04, 2020 (GLOBE NEWSWIRE) -- MIDLAND, Texas, May 4, 2020 (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, 2020.
FIRST QUARTER HIGHLIGHTS
Q1 2020 cash distribution of $0.10 per common unit; implies a 4.7% annualized yield based on the May 1, 2020 unit closing price of $8.60Due to the current uncertainty in the commodity markets, Viper is temporarily reducing its... More