Viper Energy (VNOM) Tops Q3 EPS by 3c

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Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Third Quarter 2020 Financial and Operating Results

November 2, 2020 4:01 PM EST

MIDLAND, Texas, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ: VNOM) (Viper or the Company), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback), today announced financial and operating results for the third quarter ended September 30, 2020.

THIRD QUARTER HIGHLIGHTS

Q3 2020 consolidated net income (including non-controlling interest) of $16.2 million; adjusted net income (as defined and reconciled below) of $7.1 millionConsolidated Adjusted EBITDA (as defined and reconciled below) of $40.4 million and cash available for distribution to Vipers... More