Text Size:
A | A

Viper Energy Partners Prices IPO

Text Size: A | A
 
June 20, 2014

On June 17, Viper Energy Partners LP, a subsidiary of Diamondback Energy Inc. (NASDAQ: FANG) said with Diamondback that its IPO priced at $130 million.

In its IPO, Viper had offered 5 million common units, representing limited partner interests, at $26 each, the companies said.

The units began trading under the symbol “VNOM” on NASDAQ June 18, the companies said.

Viper offered a monthlong underwriters’ option to purchase an additional 750,000 units, the companies noted.

The IPO is scheduled to close June 23, they said.

When it is closed, the ...


Already a subscriber? Log In
Password:
 
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription