Viper Energy, Inc., a subsidiary of Diamondback Energy, Inc., has finalized its acquisition of Sitio Royalties Corp. in an all-equity deal.
Revised Q3 2025 production guidance has been issued following the merger, showcasing significant increases in production numbers.
The merger of Viper and Sitio marks a pivotal moment in the mineral and royalty industry, establishing a leading entity in the market.
Revised Q3 Production
Average oil production increased by 8,500 bo/d at the midpoint compared to prior guidance, with 43 days of contribution from Sitio.
Total Production Growth
Average total production saw a boost of 18,000 boe/d at the midpoint versus prior guidance, also considering 43 days of Sitio's contribution.
Strategic Positioning
Viper Energy, post-merger, is uniquely positioned in North American shale for sustained growth with minimal capital expenses and limited operating costs.
- The merger enhances Viper Energy's presence and capabilities in the mineral and royalty industry, establishing a stronger market position.
- With the combination of Viper and Sitio, the company gains increased size, scale, liquidity, and access to investment-grade capital, setting the stage for continued growth.
The completed acquisition of Sitio Royalties Corp. by Viper Energy, Inc. signifies a transformative step in the company's growth strategy, solidifying its position as a key player in the mineral and royalty industry.