VNOM

Viper Energy, Inc. (NASDAQ:VNOM) is a Delaware-based oil and gas royalty company founded in 2013 and headquartered in Midland, Texas. The company was spun out from Diamondback Energy and went public in 2014 as a master limited partnership before converting to a corporation in 2024. Viper operates as a pure-play mineral and royalty interest owner in premier North American oil and gas basins, primarily the Permian Basin of West Texas. As a subsidiary of Diamondback Energy, Viper benefits from strategic alignment with one of the largest unconventional oil producers in the United States while maintaining its own public listing and independent operations.