SCHEDULE 13G/A: T. Rowe Price Associates Discloses 8.0% Passive Stake in Viper Energy Inc.

T. Rowe Price Associates, Inc. has filed an amended Schedule 13G, revealing a passive beneficial ownership of 8.0% of Viper Energy Inc.'s common stock as of December 31, 2024.

Summary

• T. Rowe Price Associates, Inc. reported beneficial ownership of 8,248,043 shares of Viper Energy Inc. common stock.
• This ownership represents 8.0% of the total class of securities.
• T. Rowe Price Associates, Inc. holds sole voting power over 8,022,265 shares.
• The firm holds sole dispositive power over all 8,248,043 beneficially owned shares.
• No shared voting or dispositive power was reported.
• The filing is an Amendment No. 2 to a Schedule 13G, indicating an update to a previously disclosed passive investment.

Sentiment

Score: 5

Explanation: This is a factual, regulatory disclosure of passive beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

This document is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Viper Energy Inc.'s future performance or T. Rowe Price's investment strategy beyond the certification of passive holding.

Industry Context

This filing reflects a standard disclosure by a major investment adviser, T. Rowe Price Associates, Inc., regarding its passive stake in an energy sector company, Viper Energy Inc. Such disclosures are routine and indicate institutional interest in the company's equity.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, potentially signaling confidence from a major investment firm.

Key Dates

Keywords

Viper Energy Inc., T. Rowe Price Associates Inc., Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Adviser, Passive Investment, Equity Stake