Vine Energy Inc. Class A (NYSE:VEI) traded at a new 52-week high today of $15.80. So far today approximately 135,000 shares have been exchanged, as compared to an average 30-day volume of 304,000 shares.
In the past 52 weeks, Vine Energy Inc. Class A share prices are bracketed by a low of $10.85 and a high of $15.80 and is now at $15.50, 43% above that low price.
Vine Energy Inc. Class A (NYSE:VEI) is currently priced 55.7% above its average consensus analyst price target of $6.86.
Vine Resources Inc is a pure play natural gas company. It is primarily 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 Haynesville and Mid-Bossier shales are among the highest quality, highest return dry gas resource plays in North America with approximately 489 trillion cubic feet of natural gas in place in the Haynesville play.
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