Viper Energy Inc. 10-Q filed Nov 4, 2026

Modified · Pending Buckhorn Acquisition

On August 3September 14, 2026, we, as parent, and Viper Energy Partners LP, as buyer, entered into a definitive purchase and sale agreement to acquire certain , from third-party sellers, mineral and royalty interests from Diamondback and related subsidiaries representing approximately 1,552 net royalty acres in exchange for 3,654,979 OpCo Units and an equivalent number the Permian Basin for aggregate consideration consisting of shares of our Class B Common Stock(i) approximately $280 million in cash, subject to transaction costs and certain customary post-closingclosing adjustments. The mineral , and royalty interests to be acquired in the Pending 2026 Drop Down represent approximately 933 net royalty acres in the Permian Basin(ii) 1,844,168 shares of Class A Common Stock. After giving effect to the The Pending 2026 Drop Down, we currently estimate that following Buckhorn Acquisition is expected to close during the closing fourth quarter of the Pending 2026 Drop Down, Diamondback will beneficially own approximately 39.8% subject to the satisfaction of our outstanding Common Stock, on a fully diluted basiscustomary closing conditions.