22 May 2025director interest notice● Neutral
VNOM Sub, Inc. director Argo Laurie H received 4,173 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
22 May 2025director interest notice● Neutral
VNOM Sub, Inc. director Steven E West received 4,173 shares as part of the equity award.
22 May 2025director interest notice● Neutral
VNOM Sub, Inc. director Hu Frank C. received 4,173 shares as part of the equity award.
22 May 2025director interest notice● Neutral
VNOM Sub, Inc. director William Wesley Perry received 4,173 shares as part of the equity award.
22 May 2025director interest notice● Neutral
VNOM Sub, Inc. director Armour Spencer D III received 4,173 shares as part of the equity award.
22 May 2025director interest notice● Neutral
VNOM Sub, Inc. director Rubin James L. received 4,173 shares as part of the equity award.
20 May 2025agm notice● Neutral
VNOM Sub, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
14 May 2025substantial holder notice● Neutral
T. Rowe Price Associates, Inc. reported a VNOM Sub, Inc. shareholding of 10,090,758 shares (7.70% of votes) in a periodic institutional filing.
12 May 2025substantial holder notice● Neutral
Wellington Management Group LLP reported a VNOM Sub, Inc. shareholding of 9.10% of votes in a periodic institutional filing.
7 May 2025quarterly activities report● Neutral
VNOM Sub, Inc. reported quarterly revenue of $297.0 million and net income of $37.0 million for the period ended 2025-06-30.
5 May 2025quarterly activities report● Neutral
VNOM Sub, Inc. reported quarterly revenue of $297.0 million and net income of $37.0 million for the period ended 2025-06-30.
23 Apr 2025agm notice● Neutral
VNOM Sub, Inc. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
16 Apr 2025quarterly activities report● Neutral
VNOM Sub, Inc. reported quarterly revenue of $245.0 million and net income of $75.0 million for the period ended 2025-03-31.
10 Apr 2025agm notice● Neutral
VNOM Sub, Inc. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
1 Apr 2025securities registration● Neutral
VNOM Sub, Inc. filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
31 Mar 2025business combination● NeutralMajor
Viper filed the final proxy statement for the Endeavor drop-down, with the special meeting set for May 1, 2025 at 8:00 a.m. Central in Midland, record date March 26, 2025. The terms are unchanged from the preliminary version: $1.0 billion cash plus 69,626,640 OpCo units and Class B shares, with Diamondback estimated to hold about 52% afterwards. The statement is dated March 31 and was to be mailed from about April 2, 2025. The board unanimously recommends voting for all three proposals, and the drop-down needs a majority of the voting power excluding Diamondback and its subsidiaries.
21 Mar 2025business combination● NeutralMajor
Viper filed a preliminary proxy statement for a special stockholder meeting on the Endeavor drop-down first announced Jan 30, 2025. Viper would pay $1.0 billion cash plus 69,626,640 OpCo units and matching Class B shares for the Endeavor subsidiaries owned by parent Diamondback. After closing, Diamondback is estimated to own about 52% of Viper and other holders about 48%. The audit committee of independent directors and the board unanimously recommend voting for it. The drop-down needs a majority of the voting power excluding Diamondback and its subsidiaries; abstaining counts as a vote against it. The record date is March 26, 2025, and the meeting date was left blank in this draft.
4 Mar 2025director interest notice● Neutral
VNOM Sub, Inc. President Austen Gilfillian acquired 10,829 shares and disposed of 4,895 in a set of related equity transactions.
3 Mar 2025director interest notice● Neutral
Austen Gilfillian became a VNOM Sub, Inc. President and company insider (initial ownership filing).
3 Mar 2025substantial holder notice● Neutral
Tumbleweed Royalty IV, LLC reported a VNOM Sub, Inc. shareholding of 10,093,670 shares (7.14% of votes) in a periodic institutional filing.
24 Feb 2025quarterly activities report● Neutral
VNOM Sub, Inc. reported quarterly revenue of $245.0 million and net income of $75.0 million for the period ended 2025-03-31.
14 Feb 2025substantial holder notice● Neutral
T. Rowe Price Associates, Inc. reported a VNOM Sub, Inc. shareholding of 8,248,043 shares (8.00% of votes) in a periodic institutional filing.
7 Feb 2025substantial holder notice● Neutral
T. Rowe Price Associates, Inc. reported a VNOM Sub, Inc. shareholding of 10,520,397 shares (10.20% of votes) in a periodic institutional filing.
3 Feb 2025material agreement● NeutralMajor
On Jan 30, 2025 Viper priced a Class A stock offering, with the filing dated Feb 3, 2025. 28,336,000 shares were sold at $44.50 (24,640,000 plus the underwriters' extra 3,696,000, exercised in full on Jan 31), raising about $1.2 billion net. The money is meant to fund the cash price of the pending Endeavor drop-down from Diamondback, with the rest for general corporate purposes. If the drop-down does not close, the proceeds go to general corporate purposes. This dilutes existing shareholders and funds the Endeavor deal announced the same day.
3 Feb 2025securities registration● Neutral
VNOM Sub, Inc. filed a prospectus supplement for an offering off its existing shelf.
31 Jan 2025agm notice● Neutral
VNOM Sub, Inc. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
30 Jan 2025securities registration● Neutral
VNOM Sub, Inc. filed a prospectus supplement for an offering off its existing shelf.
30 Jan 2025capital raising announcement● NeutralMajor
On Jan 30, 2025 Viper agreed to buy Endeavor mineral and royalty subsidiaries (about 22,847 net royalty acres in the Permian, ~17,097 BO/d current oil production) from Endeavor Energy Resources, in a deal involving its parent Diamondback. Price is $1.0 billion cash plus 69,626,640 OpCo units and matching Class B shares, exchangeable into Class A stock. It needs approval of a majority of unaffiliated holders (excluding Diamondback) and of all holders, plus antitrust clearance, with closing expected in Q2 2025; the audit committee of independent directors negotiated and approved it. Viper also agreed to buy about 1,691 net royalty acres in Howard County, Texas from Morita Ranches Minerals for $211 million cash plus 2,400,297 OpCo units and matching Class B shares, expected to close in February 2025. The filing also announced Q4 2024 results and dividends, but the figures are not in the text provided.
14 Nov 2024substantial holder notice● Neutral
T. ROWE PRICE ASSOCIATES, INC disclosed a new substantial VNOM Sub, Inc. shareholding (9.70% of votes).
12 Nov 2024substantial holder notice● Neutral
The Vanguard Group reported a VNOM Sub, Inc. shareholding of 9,855,556 shares (9.57% of votes) in a periodic institutional filing.