Viper Energy to Expand in Permian: How Will the Stock Benefit?
Viper(VNOM) ZACKS·2024-09-18 21:06
Since the announcement of an acquisition agreement on Sept. 11, Viper Energy Inc.'s (VNOM) stock has experienced a slight decline of 0.6%. While concerns about a potential U.S. economic slowdown caused by the high-interest rate environment are weighing on the broader stock market, VNOM's anticipated benefits from the acquisition have helped to support its stock price. Overview of VNOM's Acquisition Agreement VNOM and its operating affiliate Viper Energy Partners LLC (OpCo) have recently signed a definitive ...