Viper Energy (VNOM), the mineral and royalty business of Diamondback Energy (FANG), is weighing the sale of asset soutside of the Permian Base of West Texas and New Mexico, Bloomberg’s David Carnevali and David Wethe report, citing people familiar with the matter. Though it isn’t clear what the assets would bring in should a sale occur, they are part of Viper’s recent $4.1B takeover of Sitio Royalties, the authors say.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VNOM:
- Viper Energy price target lowered to $57 from $60 at Barclays
- Viper Energy price target lowered to $54 from $58 at TD Securities
- Viper Energy price target lowered to $51 from $55 at Mizuho
- 3 Best Stocks to Buy Now, 9/3/2025, According to Top Analysts
- Viper Energy price target lowered to $54 from $56 at KeyBanc
