Diamondback’s Spinoff Viper Energy Could Top $1 Billion In IPO

摘要

If nothing else, Diamondback Energy Inc. (NASDAQ: FANG) has a nearly endless list of names for possible subsidiaries. Named for a rattlesnake, the company’s offshoot Viper Energy Partners LP (VNOM) is proving to be formidable. Viper holds FANG’s mineral interests and could create more than $1 billion in value in an IPO, analysts said.