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 ...