Vine Energy Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2021
Vine Energy Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2021. For the period, the company announced total revenue of $118,123,000 compared to $129,948,000 a year ago. Operating loss was $23,152,000 compared to income of $2,605,000 a year ago. Net loss was $57,992,000 compared to $26,896,000 a year ago. Basic and diluted loss per share was $3.95.