Vine Energy Inc. Announces First-Quarter 2021 Results and Provides 2021 Guidance
Monday, May 17, 2021
PLANO, Texas--(BUSINESS WIRE)-- Vine Energy Inc. (NYSE: VEI) (“Vine” or the “Company”) today reported first-quarter 2021 results and provided full-year 2021 guidance and select guidance for the second-quarter 2021.
The highlights presented below reflect select financial metrics from the unaudited financial statements for the three months ended March 31, 2021 and 2020, and include the results of the predecessor Vine Oil & Gas LP for the entire period and the results of Brix Oil & Gas Holdings LP and Harvest Royalties Holdings LP from March 17, 2021, the effective date of the combination resulting from the corporate reorganization in connection with the initial public offering.
Now that Vine has gone public, the company will be making quarterly and end of year presentations. We will got a much more detailed look at the company's well results and development plans.