Diamondback Energy (FANG) entered an agreement to sell certain mineral and royalty-interests owning subsidiaries to its publicly-listed subsidiary Viper Energy (VNOM) for $1 billion in cash and about 69.6 million units of Viper's operating subsidiary Viper Energy Partners, Viper said Thursday.
Viper expects to fund the cash portion of this transaction through a combination of cash on hand, borrowings under its credit facility, and proceeds from one or more capital markets transactions.
Viper also entered an agreement to acquire certain mineral and royalty interests from Morita Ranches Minerals in exchange for approximately $211 million in cash and approximately 2.4 million Viper Energy Partners units.
The cash portion of this transaction will be funded through cash on hand and borrowings under a credit facility.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。