Page 1

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ANNUAL REPORT UNDER SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR TRANSITION REPORT UNDER SECTION 13 OR 15 ( d ) OF SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36505 Viper Energy Partners LP ( Exact Name of Registrant As Specified in Its Charter ) DE Large Accelerated Filer Non - Accelerated Filer ( State or Other Jurisdiction of Incorporation or Organization ) 500 West Texas Suite 1200 Midland , TX ( Address of principal executive offices ) Title of each class Common Units 46-5001985 ( 432 ) 221-7400 ( Registrant's telephone number , including area code ) ( I.R.S. Employer Identification Number ) VNOM Securities registered pursuant to Section 12 ( b ) of the Securities Exchange Act of 1934 : Trading Symbol ( s ) . ☐ 79701 ( Zip code ) Name of each exchange on which registered The Nasdaq Stock Market LLC ( NASDAQ Global Select Market ) Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes No > Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Securities registered pursuant to section 12 ( g ) of the Act : None . Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of “ large accelerated filer , ” “ accelerated filer , ” “ smaller reporting company ” and “ emerging growth company " în Rule 12b - 2 of the Exchange Act : Accelerated Filer Smaller Reporting Company Emerging Growth Company 000 If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No X The aggregate market value of the common units held by non - affiliates was approximately $ 691.5 million on June 30 , 2020 , the last business day of the registrant's most recently completed second fiscal quarter , based on closing prices in the daily composite list for transactions on the Nasdaq Global Select Market on such date . As of February 19 , 2021 , 65,293,828 common units representing limited partner interests and 90,709,946 Class B units representing limited partner interests were outstanding . Documents Incorporated By Reference : None