02opida
4 years ago
Viper Energy Partners LP owns, acquires and exploits oil and natural gas properties in North America. The Company is focused on oil and natural gas properties in the Permian Basin and the Eagle Ford Shale. Its assets consist of mineral interests underlying approximately 814,224 gross acres and approximately 24,304 net royalty acres in the Permian Basin and Eagle Ford Shale. There are approximately 2,026 vertical wells and 3,781 horizontal wells producing on this acreage. The estimated proved oil and natural gas reserves of the Company’s assets is approximately 88,946 thousand barrels of crude oil equivalent (MBOE). Its operators own a working interest in approximately 5,807 productive wells located on the acreage in which it has a mineral interest. The Company’s proved developed reserves totals approximately 40,857 thousand barrels (MBbls) of oil, 80,737 million cubic feet (MMcf) of natural gas and 14,994 MBbls of natural gas liquids, for a total of 69,307 MBOE.
JefftDecker
8 years ago
VNOM
according to finviz.com, insiders own 84% of the OS stock, what do they know? and i believe there is an activist position in the company also,
which is why i picked it up in the first place, not sure now.
60 minute chart looks promising, break above the upper trend line and
it may be clear skies ahead. more later
remember, thinly traded