VICI Properties Inc
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Mid Cap Blend
Company profile

VICI Properties Inc. is primarily engaged in the business of owning and acquiring gaming, hospitality and entertainment destinations, subject to long-term triple net leases. It operates through two segments: real property business and golf course business. Across approximately 47 million square feet, its properties are located across urban, destination and drive-to markets in twelve states, contain approximately 17,800 hotel rooms and feature over 200 restaurants, bars and nightclubs. Its portfolio also includes approximately 34 acres of undeveloped land adjacent to the Las Vegas Strip that is leased to Caesars. The Company also owns and operates four championship golf courses located near certain of its properties, two of which are in close proximity to the Las Vegas Strip. Its golf courses include the Cascata golf course, Rio Secco golf course, Grand Bear golf course and Chariot Run golf course.

Day's Change
-0.215 (-0.78%)
B/A Size
Day's High
Day's Low

Today's volume of 2,694,673 shares is on pace to be much lighter than VICI's 10-day average volume of 5,937,068 shares.


Oil stocks see broad rally as crude prices reverse higher after SPR release plan

9:18 am ET November 23, 2021 (MarketWatch)

Shares of oil companies are enjoying a broad rally Tuesday, after crude oil prices bounces sharply to turn positive, shrugging off President Biden's announcement of a plan to release 50 million barrels of oil from the U.S. Strategic Petroleum Reserve (SPR) in an attempt to rein in prices. The SPDR Energy Select Sector ETF (XLE) rose 1.1% in premarket trading, with all 21 components gaining ground ahead of the open. Among some of the more active components, shares of Exxon Mobil Corp. (XOM) gained 0.8%, Chevron Corp. (CVX) rose 1.3%, ConocoPhillips (COP) climbed 1.2%, Marathon Oil Corp. (MRO) tacked on 1.6% and Occidental Petroleum Corp. (OXY) advanced 1.9%. Continuous crude oil futures rose 1.2% to $77.66, reversing an earlier loss of about 1.8%, according to FactSet data. Meanwhile, futures for the S&P 500 were little changed.

-Tomi Kilgore


(END) Dow Jones Newswires

November 23, 2021 09:18 ET (14:18 GMT)

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