Vine Energy Inc. Cancels Second-Quarter 2021 Conference Call
Vine Energy announced the cancellation of its second-quarter 2021 conference call, originally set for August 16, 2021, following Chesapeake Energy's agreement to acquire the company. The call will not be rescheduled. Vine is expected to file its second-quarter results on Form 10-Q by the same date. The company, based in Plano, Texas, focuses on developing natural gas properties in the Haynesville Basin and is traded on the NYSE under the symbol VEI.
- Chesapeake Energy's acquisition indicates potential growth and stability for Vine Energy.
- Vine Energy's strategic focus on natural gas development in a significant shale play enhances its market position.
- Cancellation of the conference call may indicate uncertainty or lack of transparency, potentially affecting investor confidence.
Vine Energy Inc. announced today that it cancelled its second-quarter 2021 conference call scheduled for August 16, 2021 at 9am Central time following the announcement of the definitive agreement in which Chesapeake Energy intends to acquire Vine. The call is not expected to be rescheduled.
The company expects to file its second-quarter 2021 results on Form 10-Q on or before August 16, 2021.
About Vine Energy Inc.
Vine Energy Inc., based in Plano, Texas, is an energy company focused on the development of natural gas properties in the stacked Haynesville and Mid-Bossier shale plays in the Haynesville Basin of Northwest Louisiana. The Company is listed on the New York Stock Exchange under the symbol “VEI”.
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