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.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
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
