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VNOM Sub, Inc.

US:VNOM
US$41.07Close 7 Oct 2026 · delayed

Past year: ▲ 9%(36.53 – 49.38 USD)

Market cap
A$4.22bn
Shares on issue
72.7m
Story beats
42 since 2014
Last event
16 Oct 2025

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

16 Oct 2025listing compliance notice▼ BadMajor

VNOM Sub, Inc. deregistered its securities, ending its obligation to file reports with the SEC.

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19 Aug 2025director interest notice● Neutral

VNOM Sub, Inc. director Stice Travis D. disposed of 106,169 shares via option/appreciation-right settlement.

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19 Aug 2025director interest notice● Neutral

VNOM Sub, Inc. Exec. VP, Gen Counsel and Sec Zmigrosky Matt disposed of 4,253 shares via option/appreciation-right settlement.

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19 Aug 2025director interest notice● Neutral

VNOM Sub, Inc. Exec. VP and Chief Engineer Barkmann Albert disposed of 1,000 shares via option/appreciation-right settlement.

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19 Aug 2025director interest notice● Neutral

VNOM Sub, Inc. President Gilfillian Austen disposed of 45,213 shares via option/appreciation-right settlement.

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19 Aug 2025director interest notice● Neutral

VNOM Sub, Inc. director Steven E West disposed of 32,788 shares via option/appreciation-right settlement.

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19 Aug 2025director interest notice● Neutral

VNOM Sub, Inc. director Argo Laurie H disposed of 10,591 shares via option/appreciation-right settlement.

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19 Aug 2025securities registration● Neutral

VNOM Sub, Inc. amended its automatic shelf registration statement.

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19 Aug 2025director interest notice● Neutral

VNOM Sub, Inc. CFO, Exec. VP and Assist. Sec Dick Teresa L. disposed of 11,540 shares via option/appreciation-right settlement.

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19 Aug 2025director interest notice● Neutral

VNOM Sub, Inc. director William Wesley Perry disposed of 78,743 shares via option/appreciation-right settlement.

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19 Aug 2025securities registration● Neutral

VNOM Sub, Inc. amended its automatic shelf registration statement.

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19 Aug 2025director interest notice● Neutral

VNOM Sub, Inc. director Hu Frank C. disposed of 16,498 shares via option/appreciation-right settlement.

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19 Aug 2025director interest notice● Neutral

VNOM Sub, Inc. director Armour Spencer D III disposed of 46,715 shares via option/appreciation-right settlement.

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19 Aug 2025securities registration● Neutral

VNOM Sub, Inc. amended its automatic shelf registration statement.

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19 Aug 2025securities registration● Neutral

VNOM Sub, Inc. amended an already-effective registration statement.

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19 Aug 2025asset acquisition disposition▲ GoodMajor

The Sitio Royalties merger signed June 2, 2025 closed on August 19, 2025. Former Viper shares (this registrant, now renamed VNOM Sub, Inc.) were cancelled and converted one-for-one into Class A (and Class B) shares of a new parent, now named Viper Energy, Inc., which trades as VNOM on Nasdaq in place of the old shares; Sitio Class A holders received 0.4855 new Class A shares per share. Seven directors (West, Argo, Armour, Hu, Perry, Rubin, Stice) left the old Viper board at closing, and Austen Gilfillian and Matt Zmigrosky were appointed to it; the filing text is cut off before the rest of the board and officer changes. Registration rights, exchange and tax sharing agreements, and the Diamondback services agreement were assigned to the new parent.

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19 Aug 2025director interest notice● Neutral

VNOM Sub, Inc. director Rubin James L. disposed of 12,507 shares via option/appreciation-right settlement.

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19 Aug 2025securities registration● Neutral

VNOM Sub, Inc. amended its automatic shelf registration statement.

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19 Aug 2025director interest notice● Neutral

VNOM Sub, Inc. Chief Executive Officer Van't Hof Matthew Kaes disposed of 35,362 shares via option/appreciation-right settlement.

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13 Aug 2025substantial holder notice● Neutral

Capital World Investors reported a VNOM Sub, Inc. shareholding of 8.00% of votes in a periodic institutional filing.

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6 Aug 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.

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4 Aug 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.

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23 July 2025debt financing● NeutralMajor

On July 23, 2025 the $1.6 billion notes offering closed (4.900% due 2030 and 5.700% due 2035), and Viper used the refinancing to retire its older debt. It redeemed all of its 7.375% notes due 2031 at par plus a make-whole premium, and gave notice to redeem all 5.375% notes due 2027 on Nov 1, 2025, with funds deposited to cover that. The operating company also signed a $500M unsecured term loan with Goldman Sachs, not yet funded and available only on conditions that include closing the Sitio acquisition. Subsidiary guarantees under the June revolver were released.

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11 July 2025material agreement● NeutralMajor

On July 9, 2025 Viper's operating company priced $1.6 billion of senior notes: $500M of 4.900% notes due 2030 and $1.1B of 5.700% notes due 2035, guaranteed by Viper Energy, Inc. and, after the Sitio deal closes, New Viper. Net proceeds of about $1.58 billion are intended for general corporate purposes, including redeeming Viper's 5.375% 2027 and 7.375% 2031 notes and, if the Sitio deal closes, Sitio's 7.875% 2028 notes and its revolver borrowings. The filing also mentions a proposed $500M term loan facility with Goldman Sachs. Closing was expected July 23, 2025.

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9 July 2025securities registration● Neutral

VNOM Sub, Inc. filed a free-writing prospectus - marketing material for an offering in progress.

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30 June 2025business combination● Neutral

Viper filed financial statements tied to the pending Sitio merger: Sitio's audited 2024 and 2023 accounts, its March 31, 2025 interim accounts, a Sitio reserve report, statements for the Endeavor mineral and royalty interests, and pro forma combined statements for Viper. It also states that the Endeavor acquisition was completed on May 1, 2025, which resolves the earlier open thread on that drop-down. The Sitio deal still needs Sitio stockholder approval and a Form S-4 before it can close.

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12 June 2025debt financing● NeutralMajor

On June 12, 2025 Viper's operating company signed a new $1.5 billion unsecured revolving credit facility with Wells Fargo as agent, replacing the earlier revolver (commitments of $850M in the prior context, due Sept 22, 2028). About $365 million was outstanding under the new facility on that date, which also answers the earlier open question of how much was drawn. The existing facility was terminated, its borrowings repaid and its guarantees and security released. The new agreement requires the company to keep total net debt to capitalization at or below 65%.

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5 June 2025substantial holder notice● Neutral

The Vanguard Group reported a VNOM Sub, Inc. shareholding of 13,116,172 shares (10.00% of votes) in a periodic institutional filing.

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4 June 2025business combination● NeutralMajor

This filing gives the terms of the Sitio merger agreement signed June 2, 2025. Each Viper Class A share converts into one New Parent Class A share and each Class B share into one New Parent Class B share, so Viper holders keep the same share count. Each Sitio Class A share converts into 0.4855 New Parent Class A shares. Viper holders will own about 80% and Sitio holders about 20% of New Parent, which will take the name Viper Energy, Inc. with the same board and executives. Diamondback, Diamondback E&P and Endeavor Energy Resources, together holding a majority of Viper's voting power, delivered written consent approving it on June 2, so no separate Viper stockholder vote is needed. Closing also needs Sitio stockholder approval, HSR clearance, an effective Form S-4 and Nasdaq listing, with an end date of June 2, 2026. A termination fee is payable by Sitio in certain cases; the amount is not in the text provided.

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3 June 2025business combination● NeutralMajor

On June 2, 2025 Viper agreed to acquire Sitio Royalties in an all-equity merger using a new holding company, New Cobra Pubco. After closing, former Viper holders would own about 80% and Sitio holders about 20% of the new parent on a fully diluted basis. This filing only furnishes the announcement press release and an investor presentation; the terms are in the companion agreement filing. It is a new deal alongside the pending Endeavor drop-down. Sitio stockholder approval, a registration statement on Form S-4 and regulatory clearances are still needed.

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