Viper Energy, Inc. is an **oil and gas exploration and production company** focused on acquiring and owning **mineral and royalty interests** in the Permian Basin, one of North America's most prolific... Viper Energy, Inc. is an **oil and gas exploration and production company** focused on acquiring and owning **mineral and royalty interests** in the Permian Basin, one of North America's most prolific hydrocarbon regions. Founded in 2013 and headquartered in Midland, Texas, the company operates within the energy sector as a key player in upstream oil and natural gas development. Unlike traditional exploration and production firms that drill and operate wells, Viper Energy specializes in securing ownership stakes in proven oil and gas-bearing formations across multiple zones within the Permian Basin. This strategic approach allows the company to benefit from hydrocarbon production without bearing all operational costs and risks associated with drilling operations. The company generates revenue from its mineral and royalty interests as oil and gas is extracted from these properties. With a market capitalization of approximately $6.3 billion and shares outstanding of 362.4 million, Viper Energy represents a significant participant in the U.S. energy market, providing investors exposure to Permian Basin commodity production and serving an important role in domestic energy supply.Show lessShow more

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