Viperidae

Letter to Stockholders Issued by Diamondback Energy, Inc.

Retrieved on: 
Tuesday, February 20, 2024

Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter.

Key Points: 
  • Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter.
  • The fourth quarter of 2023 rounded out a great year for Diamondback Energy and our stockholders.
  • Diamondback is focused on per share growth, and we have now grown oil production per share 14x since our 2012 IPO.
  • Therefore, Diamondback is positioned to maintain our production, grow Free Cash Flow and return that Free Cash Flow to our stockholders.

BorgWarner Secures Boosted Dual Inverter Business with Chinese OEM

Retrieved on: 
Thursday, February 8, 2024

The boost module is directly integrated into the 400V dual inverter to achieve a higher power density as well as meet local hybrid architecture standards within the Chinese market.

Key Points: 
  • The boost module is directly integrated into the 400V dual inverter to achieve a higher power density as well as meet local hybrid architecture standards within the Chinese market.
  • This win expands BorgWarner's product portfolio with this OEM, marking the first 400V dual inverter with boost function.
  • "As the share of hybrid vehicles continues to grow in China, supplying advanced technology like our boosted dual inverter to support and amplify OEM hybrid vehicle production is crucial," said Dr. Stefan Demmerle, President and General Manager of BorgWarner PowerDrive Systems.
  • The dual inverter with boost will be manufactured and assembled in BorgWarner's Suzhou, China plant, with production expected to begin September 2024.

Reliant Teams Up with the Rio Grande Valley Vipers for a Multi-Year Partnership

Retrieved on: 
Thursday, January 25, 2024

Reliant is teaming up with the Rio Grande Valley Vipers as the official energy provider.

Key Points: 
  • Reliant is teaming up with the Rio Grande Valley Vipers as the official energy provider.
  • The multi-year partnership will deepen ties and support Reliant’s growing involvement within the Rio Grande Valley community.
  • “We are honored to partner with Reliant for this season and many more to come as the official energy provider of the Vipers,” said Rene Borrego, President of the Rio Grande Valley Vipers.
  • Reliant teamed up with the RGV Vipers to further expand its engagement in the community following on years of support for a variety of organizations and non-profits in the Rio Grande Valley.

Viper Partners Forges a New Wave in Aesthetic Medicine with Wave Plastic Surgery Acquisition

Retrieved on: 
Monday, January 22, 2024

PALM BEACH, Fla., Jan. 22, 2024 /PRNewswire/ -- That's exactly what's happening as Viper Partners, a leading investment banking firm in the healthcare sector, announces its exclusive sell-side advisory role in the acquisition of Wave Plastic Surgery and Aesthetic Laser Center ("Wave"). Nestled in the heart of California, Wave is far more than just another plastic surgery practice.

Key Points: 
  • PALM BEACH, Fla., Jan. 22, 2024 /PRNewswire/ -- That's exactly what's happening as Viper Partners, a leading investment banking firm in the healthcare sector, announces its exclusive sell-side advisory role in the acquisition of Wave Plastic Surgery and Aesthetic Laser Center ("Wave").
  • Nestled in the heart of California, Wave is far more than just another plastic surgery practice.
  • "The industry is buzzing with activity," says Samir Qureshi, President at Viper Partners.
  • This latest partnership with Wave is set to further cement Viper's position as a trailblazer in healthcare investment banking.

Viper Partners Wraps Up 2023 with Trio of Major Oral Surgery Transactions

Retrieved on: 
Friday, January 19, 2024

PALM BEACH, Fla., Jan. 19, 2024 /PRNewswire/ -- In a grand finale to an already record-breaking year, Viper Partners, the leading deal maker in the dental industry, successfully closed three major oral surgery deals in the final week of 2023.

Key Points: 
  • PALM BEACH, Fla., Jan. 19, 2024 /PRNewswire/ -- In a grand finale to an already record-breaking year, Viper Partners, the leading deal maker in the dental industry, successfully closed three major oral surgery deals in the final week of 2023.
  • "Double-digit multiples were the name of the game for our sizable clients this year because their businesses are simply worth that," declared David C. Branch, Viper Partners' founder.
  • A multi-doctor, multi-location oral surgery deal is worth at least 10x against a robust EBITDA, and I'm determined to secure that for them."
  • Viper Partners brought several high-profile deals to the market in 2023, including Roanoke Oral Surgery, The Christiana Center for OMS, and Santa Barbara Center for Oral and Maxillofacial Surgery.

Navigating the Billion-Dollar Surge: Viper Partners Leads Aesthetic Industry Transactions with Unmatched Expertise and Insight

Retrieved on: 
Thursday, January 18, 2024

The U.S. med-spa industry is currently experiencing an unprecedented surge, driven by increasing demand from millennials and Gen Z consumers for aesthetic treatments.

Key Points: 
  • The U.S. med-spa industry is currently experiencing an unprecedented surge, driven by increasing demand from millennials and Gen Z consumers for aesthetic treatments.
  • Joining a network of practices can unlock exponential value through shared administrative resources, diversified expertise, and economies of scale, propelling businesses from stagnation to robust growth.
  • "Just a couple of years ago, only a handful of groups showed interest in this space," says Samir Qureshi, President at Viper Partners.
  • To support practices in navigating this dynamic industry, Viper offers complimentary valuations and an informative brochure.

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Schedules Fourth Quarter 2023 Conference Call for February 21, 2024

Retrieved on: 
Thursday, January 11, 2024

MIDLAND, Texas, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ: VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release fourth quarter 2023 financial results on February 20, 2024 after the market closes.

Key Points: 
  • MIDLAND, Texas, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ: VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release fourth quarter 2023 financial results on February 20, 2024 after the market closes.
  • In connection with the earnings release, Viper will host a conference call and webcast for investors and analysts to discuss its results for the fourth quarter of 2023 on Wednesday, February 21, 2024 at 11:00 a.m. CT. Access to the live webcast, and replay which will be available following the call, may be found here .
  • The live webcast of the earnings conference call will also be available via Viper’s website at www.viperenergy.com under the “Investor Relations” section of the site.

Neuchips to Showcase Industry-Leading Gen AI Inferencing Accelerators at CES 2024

Retrieved on: 
Tuesday, January 2, 2024

LAS VEGAS, Nev., Jan. 2, 2024 /PRNewswire/ -- Neuchips , a leading AI Application-Specific Integrated Circuits (ASIC) solutions provider, will demo its revolutionary Raptor Gen AI accelerator chip (previously named N3000) and Evo PCIe accelerator card LLM solutions at CES 2024.

Key Points: 
  • LAS VEGAS, Nev., Jan. 2, 2024 /PRNewswire/ -- Neuchips , a leading AI Application-Specific Integrated Circuits (ASIC) solutions provider, will demo its revolutionary Raptor Gen AI accelerator chip (previously named N3000) and Evo PCIe accelerator card LLM solutions at CES 2024.
  • "We are thrilled to unveil our Raptor chip and Evo card to the industry at CES 2024," said Ken Lau, CEO of Neuchips.
  • With Neuchips, any organisation can now access the power of LLMs for a wide range of AI applications."
  • At CES 2024, Neuchips will demo Raptor and Evo, accelerating the Whisper and Llama AI chatbots on a Personal AI Assistant application.

Patriot Memory to Showcase New Innovations in Gen5 x4 SSDs, DDR5 and More at CES 2024

Retrieved on: 
Friday, December 29, 2023

FREMONT, Calif., Dec. 29, 2023 /PRNewswire-PRWeb/ -- Patriot Memory, a leading manufacturer of high-performance enthusiast memory modules, SSDs, flash storage and gaming peripherals, will host its annual in-person exhibition at CES 2024 in Las Vegas, Nevada. Accompanied by its worldwide team and supporting brands, Viper Gaming and ACPI, Patriot Memory's showcase, entitled "Engineering the Performance of Tomorrow", will give audiences a first look at Patriot Memory's newest innovations in top-performance memory and storage solutions.

Key Points: 
  • Accompanied by its worldwide team and supporting brands, Viper Gaming and ACPI, Patriot Memory's showcase, entitled "Engineering the Performance of Tomorrow", will give audiences a first look at Patriot Memory's newest innovations in top-performance memory and storage solutions.
  • Viper Gaming will also showcase its latest Gen5 x4 storage series, the PV553 PCIe Gen5 x4 M.2 2280 SSD and an early look at the upcoming PV573 PCIe Gen5 x4 M.2 2280 SSD.
  • Along with an in-person exhibition, Patriot Memory's team will also publish photos and videos live from CES via Patriot social media channels.
  • For more information about Patriot Memory, attendance at CES and new products, please visit Patriot Memory's website at https://www.patriotmemory.com .

Viper Energy Announces Pricing of Secondary Common Stock Offering by Certain Stockholders and Concurrent Stock Repurchase

Retrieved on: 
Tuesday, November 14, 2023

MIDLAND, Texas, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ: VNOM) (“Viper”) announced today the pricing of an underwritten public offering of 9,018,760 shares of its Class A common stock by certain selling stockholder (the “Secondary Offering”).

Key Points: 
  • MIDLAND, Texas, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ: VNOM) (“Viper”) announced today the pricing of an underwritten public offering of 9,018,760 shares of its Class A common stock by certain selling stockholder (the “Secondary Offering”).
  • The gross proceeds from the sale of the shares by the selling stockholder will be approximately $264 million.
  • Viper will not receive any proceeds from the sale of the shares by the selling stockholder.
  • The Secondary Offering may only be made by means of a prospectus supplement and related base prospectus.