Viper Energy Surges to 463rd in Daily Rankings with $218 Million Turnover

Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 3, 2025 7:46 pm ET1min read

On June 3, 2025,

(VNOM) saw a significant surge in trading volume, with a turnover of $218 million, marking a 538.84% increase from the previous day. This substantial rise placed Viper Energy at the 463rd position in the daily stock market rankings. The stock price of Viper Energy rose by 3.65%, marking its second consecutive day of gains, with a total increase of 4.38% over the past two days.

Viper Energy has announced a strategic acquisition of Sitio Royalties in an all-stock deal valued at approximately $4.1 billion. This acquisition, which includes the assumption of Sitio's net debt, is set to strengthen Viper Energy's presence in the Permian Basin, one of the most prolific oil and gas regions in the United States. The deal is expected to create synergies and enhance Viper Energy's portfolio of minerals and royalties, solidifying its position as a leading player in the industry.

Barclays has noted that this acquisition is a significant move for Viper Energy, as it will integrate one of the largest minerals and royalties companies in the oil and gas sector. The all-equity transaction is valued at approximately $4.1 billion, including the assumption of $1.1 billion in net debt. This strategic acquisition is anticipated to bolster Viper Energy's financial position and operational capabilities, further driving growth and profitability in the long term.

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