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Stock impact report

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

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, 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 distributable cash flow yield based on the April 30, 2021 unit closing price of $18.01Q1 2021 consolidated net income (including non-controlling interest) of $23.9 million; adjusted net income (as defined and reconciled below) of $40.4 millionConsolidated adjusted EBITDA (as defined and reconciled below) of $73.5 million and cash available for distribution to Viper’s common units (as reconciled below) of $27.6 millio Show less Read more
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