30 Apr 2019quarterly activities report● Neutral
VNOM Sub, Inc. reported quarterly revenue of $61.6 million and net income of $33.8 million for the period ended 2019-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Mar 2019director interest notice● Neutral
VNOM Sub, Inc. President Van't Hof Matthew Kaes sold 2,300 shares at $33.51.
5 Mar 2019director interest notice● Neutral
VNOM Sub, Inc. President Van't Hof Matthew Kaes had 5,749 shares withheld for taxes on vesting stock.
5 Mar 2019director interest notice● Neutral
VNOM Sub, Inc. Chief Executive Officer Stice Travis D. had 3,896 shares withheld for taxes on vesting stock.
1 Mar 2019material agreement● NeutralMajor
On February 26, 2019 the company agreed to sell 9,500,000 units at $32.00 (plus a 1,425,000-unit option, exercised in full February 28); the sale closed March 1 with net proceeds of about $340.4 million. Proceeds go to buy operating company units, which will repay part of the revolver and fund general purposes, possibly including acquisitions. This is another unit sale for debt repayment, at a price slightly above August 2018's $31.25 (comparison from earlier filings).
28 Feb 2019securities registration● Neutral
VNOM Sub, Inc. filed a prospectus supplement for an offering off its existing shelf.
26 Feb 2019securities registration● Neutral
VNOM Sub, Inc. filed a prospectus supplement for an offering off its existing shelf.
14 Feb 2019substantial holder notice● Neutral
Capital World Investors ** disclosed a new substantial VNOM Sub, Inc. shareholding (7.70% of votes).
12 Feb 2019substantial holder notice● Neutral
Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, Wellington Management Company LLP reported a VNOM Sub, Inc. shareholding of 7,473,343 shares (14.47% of votes) in a periodic institutional filing.
11 Feb 2019director interest notice● Neutral
Zmigrosky Matt became a VNOM Sub, Inc. Exec. VP and General Counsel and company insider (initial ownership filing).
5 Feb 2019quarterly activities report● Neutral
VNOM Sub, Inc. reported quarterly revenue of $61.6 million and net income of $33.8 million for the period ended 2019-03-31.
21 Dec 2018director interest notice● Neutral
VNOM Sub, Inc. President Van't Hof Matthew Kaes sold 5,000 shares at $25.76.
5 Nov 2018director interest notice● Neutral
VNOM Sub, Inc. director Hollis Michael L. bought 3,000 shares on the open market at $33.68.
30 Oct 2018quarterly activities report● Neutral
VNOM Sub, Inc. reported quarterly revenue of $77.7 million and net income of $2.3 million for the period ended 2018-09-30.
29 Oct 2018quarterly activities report● Neutral
VNOM Sub, Inc. reported quarterly revenue of $77.7 million and net income of $2.3 million for the period ended 2018-09-30.
18 Sept 2018director interest notice● Neutral
VNOM Sub, Inc. President Van't Hof Matthew Kaes exercised stock options for 7,600 shares and disposed of 22,400 shares.
12 Sept 2018substantial holder notice● Neutral
Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, Wellington Management Company LLP disclosed a new substantial VNOM Sub, Inc. shareholding (13.54% of votes).
7 Sept 2018substantial holder notice● Neutral
Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, Wellington Management Company LLP disclosed a new substantial VNOM Sub, Inc. shareholding (13.54% of votes).
21 Aug 2018director interest notice● Neutral
VNOM Sub, Inc. President Van't Hof Matthew Kaes sold 7,615 shares at $38.58.
9 Aug 2018quarterly activities report● Neutral
VNOM Sub, Inc. reported quarterly revenue of $77.7 million and net income of $2.3 million for the period ended 2018-09-30.
8 Aug 2018quarterly activities report● Neutral
VNOM Sub, Inc. reported quarterly revenue of $77.7 million and net income of $2.3 million for the period ended 2018-09-30.
3 Aug 2018material agreement▲ GoodMajor
On July 31, 2018 the company agreed to sell 9,000,000 units at $31.25 (plus a 1,080,000-unit option, exercised in full August 1); the sale closed August 3 with net proceeds of about $305.3 million. The proceeds go to buy operating company units, which will repay part of the revolver and fund general purposes, possibly including acquisitions. The price is roughly double the $14.75 of July 2017 (comparison from earlier filings), and the units are sold under a new automatic shelf registration.
2 Aug 2018securities registration● Neutral
VNOM Sub, Inc. filed a prospectus supplement for an offering off its existing shelf.
31 July 2018securities registration● Neutral
VNOM Sub, Inc. filed a prospectus supplement for an offering off its existing shelf.
30 July 2018securities registration● Neutral
VNOM Sub, Inc. filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
26 July 2018debt financing● Neutral
On July 20, 2018 the Wells Fargo credit agreement was amended and restated so the operating company (Viper Energy Partners LLC) is the borrower and the listed partnership is a guarantor, reflecting a May 30, 2018 assignment. The filing states all other material terms stayed the same. This follows the May 2018 restructuring.
12 July 2018director interest notice● Neutral
VNOM Sub, Inc. insider Rubin James L. received 3,063 shares as part of the equity award.
12 July 2018director interest notice● Neutral
VNOM Sub, Inc. director Grover Rosalind Redfern received 3,063 shares as part of the equity award.
12 July 2018director interest notice● Neutral
VNOM Sub, Inc. director Armour Spencer D III received 3,063 shares as part of the equity award.
12 July 2018director interest notice● Neutral
VNOM Sub, Inc. director William Wesley Perry received 3,063 shares as part of the equity award.