By Corey Mann Vine Energy stock is coming to the market. The natural gas company from Plano, Texas announced that it has launched an initial public offering of 18,750,000 shares of its Class A common stock. However, is it smart to invest in the Vine Energy IPO?
Vine Energy Stock Offering Price and More
Vine Energy was founded in 2014. Its subsidiaries include Vine Oil & Gas and Vine Resources Holdings.
Vine Oil & Gas was established to acquire “high-return natural gas assets in the prolific Haynesville basin.” And it has done just that.
In six years, the company now holds an average operating working interest of …read more