Viper Energy (VNOM) Tops Q2 EPS by 6c

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Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Second Quarter 2020 Financial and Operating Results

August 3, 2020 4:01 PM EDT

MIDLAND, Texas, Aug. 03, 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 second quarter ended June 30, 2020.

SECOND QUARTER HIGHLIGHTS

Q2 2020 consolidated net loss (including non-controlling interest) of $(33.1) million; adjusted net loss (as defined and reconciled below) of $(4.2) millionConsolidated Adjusted EBITDA (as defined and reconciled below) of $26.6 million and cash available for distribution to Vipers common limited partner units (as reconciled... More