Viper Energy Partners' Capital-Light Business Model Focused on Mineral Rights Is Very Profitable
Viper Energy Partners owns mineral rights in perpetuity to Permian Basin acreage, which generate royalties with no need to invest capital to support drilling activity levels. In short, Viper is paid a percentage of revenue the producer generates from drilling a well and revenue fluctuates with oil prices as Viper does not hedge. The only costs Viper incurs are production-related taxes, general and administrative costs, and depletion expense. Operators, like Viper’s parent Diamondback, own the dr...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.