Viper Energy (VNOM) Misses Q1 EPS by 15c

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Viper Energy Partners LP, A Subsidiary of Diamondback Energy, Inc., Reports First Quarter 2021 Financial and Operating Results

May 3, 2021 4:01 PM EDT

MIDLAND, Tx., May 03, 2021 (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, 2021.

FIRST QUARTER HIGHLIGHTS

Previously announced Q1 2021 average production of 15,500 bo/d (26,066 boe/d)Q1 2021 cash distribution of $0.25 per common unit, representing approximately 60% of cash available for distribution; $0.42 per unit of cash available for distribution implies a 9.3% annualized... More