Viper Energy Partners LP operates as an oil and natural gas company in the US, focused on the acquisition and exploitation of oil and natural gas reserves. Its properties are primarily located in the Permian Basin in Texas.
Operating in the energy sector, Viper Energy extracts oil, natural gas, and natural gas liquids. Viper Energy operates as a subsidiary of Diamondback Energy, Inc. The company is also part of the growing 'Master Limited Partnerships' (MLPs) with Diamondback Energy. These partnerships are known for their tax benefits and publicly traded securities.
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