Viper Energy Partners LP (VNOM)

Viper Energy Partners LP is a leading Delaware-based limited partnership that specializes in owning, acquiring, and managing mineral interests in oil and natural gas properties, primarily in North America. Formed in 2014, the company strategically focuses on the prolific Permian Basin, a prime region for energy production. Viper Energy Partners operates under the umbrella of Diamondback Energy, a significant player in the energy industry. The company is led by CEO Travis Stice, who also serves as the CEO of Diamondback Energy, providing a strong management continuity. Viper Energy Partners generates revenue primarily through royalties and leasing interests from its substantial, high-quality asset portfolio. The firm is recognized for its growth-oriented approach and plays a vital support role to its parent company, contributing to the broader energy supply chain in the U.S.