VNOM Sub, Inc.
VNOM Sub, Inc. owns and acquires mineral and royalty interests in oil and natural gas properties and focuses on generating cash flow from those holdings. It derives revenue primarily from royalty income on oil, natural gas and natural gas liquids production and pursues opportunistic acquisitions and selective divestitures of mineral and royalty assets. The company operates in one reportable segment and relies on Diamondback to provide management, operating and administrative services under a services and secondment arrangement. Its assets are concentrated primarily in the Permian Basin, principally the Midland and Delaware sub‑basins, and nearly all interests are leased to working interest owners who operate and develop the properties.
Summary from filing dated 2025-02-26