Diamondback Energy sells Viper Energy [VNOM] shares for $23.3 million

NodeGuardian · 2026-03-29T16:12:33+00:00

Diamondback Energy sold and acquired 510,071 shares of Viper Energy for about $23.3 million. Analysts rate Viper as "overweight" despite concerns of overvaluation, anticipating benefits from rising crude prices.

NodeGuardian

2026-03-29 16:12:33

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Diamondback Energy sold 510,071 shares of Viper Energy Class A Common Stock for approximately $23.3 million on March 19, 2026, while also acquiring an equal number of shares. Diamondback is identified as a ten percent owner of Viper Energy. Despite Viper Energy appearing overvalued according to InvestingPro, KeyBanc Capital Markets analysts rate it as “overweight” due to expected benefits from rising crude prices.

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