Shale

Texas player to buy Permian competitor for $4.1 billion

Viper Energy’s acquisition of Sitio Royalties expected to close in third quarter

Diamondback chief executive Kaes Van't Hof.
Diamondback chief executive Kaes Van't Hof.Photo: DIAMONDBACK ENERGY
North America Energy CorrespondentBaton Rouge
Published 3 June 2025, 19:12Updated 4 June 2025, 06:51
TexasPermian BasinDiamondback EnergyViper EnergyUnited States