Viper Energy Partners LP | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

Back to transactions

Viper Energy Partners LP

$304 Million 02/26/2019 Oilfield & Energy Infrastructure Services Complete
Public Companies
Show Tombstone

Transaction Details

  • On February 26, 2019, Viper Energy Partners LP (“Viper” or the “Company”) announced the pricing of an upsized public offering of 9,500,000 common units, representing limited partner interests, at a price to the public of $32.00 per common unit
  • The offering consisted of 100% primary units, and represented a 1,500,000 unit upsize to the originally proposed 8,000,000 unit offering
  • The Company also granted the underwriters a 30-day option to purchase up to an additional 1,425,000 common units from Viper
  • Viper intends to use net proceeds from the offering to repay a portion of the outstanding borrowings under Viper’s revolving credit facility and for general partnership purposes, which may include additional acquisitions
  • Stephens Inc. served as Co-Manager on the offering

About the company

Viper Energy Partners LP (Nasdaq: VNOM) is a limited partnership formed by Diamondback Energy, Inc. (Nasdaq: FANG) to own, acquire and exploit oil and natural gas properties in North America, with a focus on oil-weighted basins, primarily the Permian Basin in West Texas and the Eagle Ford Shale.

Sources: Company filings and press release.
  1. This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from external sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. Such information is believed to be accurate on the date of issuance of the material. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.

    The offering of these securities is being made only by means of a prospectus, copies of which may be obtained from Stephens Inc.’s Equity Syndicate Desk, at Stephens Inc., 111 Center Street, Little Rock, AR 72201, ATTN: Equity Syndicate Desk, or from the Securities and Exchange Commission’s website at at the following link: A registration statement relating to these securities has been filed with the Securities and Exchange Commission. No offer to buy the securities can be accepted and no part of the purchase price can be received until the registration statement has become effective, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to the notice of its acceptance given after the effective date.