Viper Energy, Inc.

We are a publicly traded Delaware corporation that owns and acquires mineral and royalty interests in oil and natural gas properties, primarily in the Permian Basin. We operate in one reportable segment. Effective November 13, 2023, we converted our legal status from a Delaware limited partnership into a Delaware corporation. Our assets consist of mineral and royalty interests in oil and natural gas properties primarily in the Permian Basin in West Texas. Substantially all of these assets are leased to working interest owners who bear the costs of operation and development. We are currently focused on oil and natural gas properties primarily in the Permian Basin, which is a prolific producing basin in North America, covering approximately 75,000 square miles centered around Midland, Texas. On February 9, 2026, we divested all of our non-Permian assets, including those acquired from Sitio Royalties Corp., to an affiliate of GRP Energy Capital LLC and Warwick Capital Partners LLP for net cash proceeds of approximately $617 million, subject to customary post-closing adjustments. The divested properties consisted of approximately 9,400 net royalty acres in the Denver-Julesburg, Eagle Ford, and Williston basins with current production of approximately 4,750 BO/d.