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Posted by
Two Blokes May 23 -
Filed in
Stock
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3 views
Viper closed on the dropdown transaction with Diamondback and expects 48,000 barrels per day in oil production going forward. This is over 60% higher than its Q4 2024 oil production. Viper's share count went up by a bit over 50% since late 2024 as it essentially paid for the deals with shares (directly and through an equity offering).