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Stock Market & Financial Investment News

News Breaks
June 18, 2014
06:16 EDTVNOMViper Energy 5M share IPO priced at $26.00
The deal priced above the $23.00-$25.00 range. Barclays, Credit Suisse and Wells Fargo acted as joint book running managers for the offering.
News For VNOM From The Last 14 Days
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February 17, 2015
16:53 EDTVNOMViper Energy reports Q4 EPS 14c, consensus 12c
Q4 quarter 2014 production increased 24% to 4,160 boe/d from Q3 production of 3,366 boe/d. As previously announced, Viper forecasts that production in 2015 attributable to its mineral interests will average between 4.2 and 4.5 Mboe/d. The company expects depreciation, depletion and amortization expense to range between $20.00 and $22.00/boe with cash general and administrative expense of $1.00 to $2.00/boe and non-cash unit-based compensation of $2.00 to $3.00/boe. Production and ad valorem taxes are expected to be 7.5% of revenue.

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