Viper Energy closes Sitio Royalties acquisition, raises Q3 guidance
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Diamondback Energy, Inc.’s Subsidiary Viper Energy, Inc. Closes Acquisition of Sitio Royalties
August 19, 2025 7:00 AM EDTMIDLAND, Texas, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback or the Company) today announced that its publicly traded subsidiary, Viper Energy, Inc. (NASDAQ: VNOM) (Viper), has closed its previously announced acquisition of Sitio Royalties Corp. (Sitio). Additionally, the Company announced revised Q3 2025 production guidance to give effect to the closing of the Sitio acquisition.
Updated Third Quarter 2025 Production Guidance
Diamondback has increased its third quarter 2025 production guidance to reflect 43 days of contribution from the Sitio assets beginning August 19, as follows:
