Advantages of Royalty Interest Ownership
- The net mineral acres are located on 12 Net Royalty Acres in Upton County, Texas. There is 1 operator, Diamond Back Energy for the 30-producing oil, gas, and LNG wells.
- Diamond Back Energy (NASDAQ: FANG) is the operator and purchaser.
- Diamondback and the culture that they have developed are grounded in a unique set of core values that are adhered to throughout the entire organization. By establishing core values, they have set the bar extremely high for all of their employees in terms of how they operate and interact, both within the office and out in the field.
- Integrity is achieved when their words and actions consistently reflect their vision and strategy. They are keenly aware that integrity is built over time. While it is difficult to measure, when achieved, integrity is apparent in all their business dealings with their partners and shareholders.
- Diamondback is committed to establishing and maintaining a leadership position within their organization and within their business community. Internally, leadership starts at the top through setting the right vision, sound decision making and effective delegation. Externally, they strive to be perceived as leaders in the industry in terms of how they execute strategy, operate and deliver exceptional results to their shareholders.
- They strive for excellence in all that they do. They have high expectations for their organization. Excellence is achieved when actions exceed the desired outcome. They recognize and reward individual accomplishments with emphasis on contributions to the organization’s success.
- Mutual success depends on their commitment to teamwork. Teamwork is the embodiment of different ideas, personalities and skills to achieve a common goal both within the organization and through effective relationships with their business partners.
