Diamondback Energy, Inc.’s Subsidiary Viper Energy, Inc. Closes Acquisition of Sitio Royalties

MIDLAND, Texas, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback" or the "Company") today announced that its publicly traded subsidiary, Viper Energy, Inc. (NASDAQ: VNOM) ("Viper"), has closed its previously announced acquisition of Sitio Royalties Corp. ("Sitio"). Additionally, the Company announced revised Q3 2025 production guidance to give effect to the closing of the Sitio acquisition. Updated Third Quarter 2025 Production Guidance Diamondback has increased its th ...