Vanguard Natural Resources LLC (VNR) has risen sharply, recording gains of 22.38% in the past 4 weeks. However, the stock has corrected -4.89% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 18.4% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 7% and the 50-Day Moving Average is 18.72%. Vanguard Natural Resources, LLC is up 0.57% in the last 3-month period. Year-to-Date the stock performance stands at -39.41%.
Vanguard Natural Resources LLC (NASDAQ:VNR): The stock was completely flat for the day, closing at $1.75 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $1.71, the stock touched an intraday high of $1.80 and a low of $1.65. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $1.75. The total trading volume on Friday was 1,395,811.
Vanguard Natural Resources, LLC (VNR) is a limited liability company focused on the acquisition and development of oil and natural gas properties in the United States. Through its operating subsidiaries, the Company owns properties, and oil and natural gas reserves primarily located in nine operating basins. Its operating basins include Green River Basin in Wyoming; the Piceance Basin in Colorado; the Permian Basin in West Texas and New Mexico; the Gulf Coast Basin in Texas, Louisiana and Mississippi, and the Big Horn Basin in Wyoming and Montana. Its operating basins also include the Arkoma Basin in Arkansas and Oklahoma; the Williston Basin in North Dakota and Montana; the Wind River Basin in Wyoming, and the Powder River Basin in Wyoming. The Companys subsidiaries include Vanguard Natural Gas, LLC, VNR Holdings, LLC, Vanguard Permian, LLC, Vanguard Operating, LLC, Encore Clear Fork Pipeline LLC, LRR Energy, L.P. and LRE GP, LLC.