MIDLAND, Texas, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced that its publicly traded subsidiary, Viper Energy, Inc. (NASDAQ: VNOM) (“Viper”), has closed its previously announced acquisition of Sitio Royalties Corp. (“Sitio”). Additionally, the Company announced revised Q3 2025 production guidance to give effect to the closing of the Sitio acquisition.
Related Questions
How will the acquisition of Sitio Royalties and the updated Q3 2025 production guidance impact Diamondback’s cash flow and EPS outlook for FY 2025?
What are the financing terms of the Sitio deal (cash, debt, or equity) and how will they affect Diamondback’s leverage ratios and potential dilution for shareholders?
How does this acquisition improve Diamondback’s position relative to peers in the Permian Basin in terms of acreage, production growth, and royalty exposure?