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Viper Energy 8-K Report, Corporate Update (Dec 12, 2025)

Reports
Other Events
Filing Date
Filed December 12, 2025
Period End
December 12, 2025
Security
VNOM
In the record · 2025–202610-K110-Q48-K16

VNOM filed 1 annual reports (10-K), 4 quarterly reports (10-Q) and 16 current reports (8-K) between 2025 and 2026.

Summary

Summary of the 8-K filed December 12, 2025. Cited figures are marked; the original filing is the authoritative source.

Viper Energy Partners LLC ("OpCo"), a consolidated subsidiary of Viper Energy, Inc. ("Viper"), entered into a unit purchase and sale agreement dated December 11, 2025 with an affiliate of Kimmeridge Energy Management Company, LLC ("Kimmeridge").

Under the agreement, OpCo is repurchasing 1,000,000 OpCo units from Kimmeridge for an aggregate price of $40,650,000,a or $40.65 per unit, which the filing states is equivalent to the last Nasdaq closing price of Viper's Class A Common Stock before the repurchase. A corresponding number of Class B Common Stock shares held by Kimmeridge will be cancelled. The repurchase is being made under Viper's existing $750 million repurchase program, which the Board expanded to also cover OpCo units and Class B Common Stock.

The Viper audit committee approved the transaction. The filing also states that since September 30, 2025, Viper has repurchased 1,402,749 Class A shares for a total cost of $52.3 millionb, leaving approximately $240.9 million available under the $750 million share repurchase authorization, excluding excise tax.

For investors, the filing is a disclosure of a capital return action: a related-party style buyback of a large holder's position at a price tied to the market, combined with ongoing open-market share repurchases. The filing does not state the business or financial impact beyond these figures.

Key Highlights

  1. OpCo is repurchasing 1,000,000 OpCo units from a Kimmeridge affiliate for $40,650,000, or $40.65 per unit.
  2. The per-unit price equals the last Nasdaq closing price of Viper's Class A Common Stock before the repurchase.
  3. A corresponding number of Kimmeridge-owned Class B Common Stock shares will be cancelled.
  4. The repurchase falls under Viper's $750 million repurchase program, which the Board expanded to include OpCo units and Class B Common Stock.
  5. The audit committee of Viper's Board approved the repurchase.
  6. Since September 30, 2025, Viper repurchased 1,402,749 Class A shares for $52.3 million.
  7. Approximately $240.9 million remains available under the $750 million share repurchase authorization, excluding excise tax.

Frequently Asked Questions

  1. What is being repurchased in this transaction?

    OpCo is repurchasing 1,000,000 units representing limited liability company membership interests in Viper Energy Partners LLC from an affiliate of Kimmeridge Energy Management Company, LLC, for an aggregate price of $40,650,000.

  2. How was the purchase price determined?

    The filing states the price of $40.65 per OpCo unit is equivalent to the last Nasdaq closing price of Viper's Class A Common Stock prior to the repurchase.

  3. What happens to the Class B shares tied to these units?

    A corresponding number of shares of Viper's Class B Common Stock owned by Kimmeridge will be cancelled.

  4. How much capacity remains under the repurchase authorization?

    The filing states that approximately $240.9 million remains available under the $750 million share repurchase authorization, excluding excise tax, after Class A repurchases of $52.3 million since September 30, 2025.

  5. Who approved the transaction?

    The repurchase was approved by the audit committee of Viper's Board of Directors.