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Stock impact report

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Public Offering of Common Units

Viper Energy, Inc. - Class A (VNOM) 
Last viper energy, inc. - class a earnings: 2/11 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: viperenergy.com/news
Company Research Source: GlobeNewswire
MIDLAND, Texas, July 17, 2017 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ:VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), announced today that Viper has commenced an underwritten public offering of 11,000,000 common units representing limited partner interests, subject to market and other conditions.  Viper anticipates granting the underwriters a 30-day option to purchase up to an additional 1,650,000 common units from Viper. All of the common units to be sold in this offering will be sold by Viper. Viper intends to use the net proceeds from the offering, including any net proceeds from the underwriters’ exercise of their option to purchase additional common units, to repay the outstanding borrowings under Viper’s revolving credit facility, to fund a portion of the purchase price for its pending acquisitions and for general partnership purposes, which may include additional acquisitions. Diamondback has indicated its interest in pu Show less Read more
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