Vanguard Natural Resources LLC (VNR) : Trust Asset Management has sold out all of its stake in Vanguard Natural Resources LLC during the most recent quarter, according to the disclosure filed by the company on Oct 5, 2016 with the SEC. The investment management company has sold out 10,278 shares of Vanguard Natural Resources LLC which is valued at $6,393.
Other Hedge Funds, Including , Eqis Capital Management boosted its stake in VNR in the latest quarter, The investment management firm added 9,507 additional shares and now holds a total of 39,007 shares of Vanguard Natural Resources LLC which is valued at $24,262.
Vanguard Natural Resources LLC closed down -0.3252 points or -38.61% at $0.517 with 88,62,245 shares getting traded on Tuesday. Post opening the session at $0.8251, the shares hit an intraday low of $0.506 and an intraday high of $0.83 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Vanguard Natural Resources LLC reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.13.Analysts expectations of $ 156.72.During the same quarter in the previous year, the company posted $-0.07 EPS.
Many Wall Street Analysts have commented on Vanguard Natural Resources LLC. Vanguard Natural Resources LLC was Downgraded by Ladenburg Thalmann to ” Sell” on Oct 4, 2016. Vanguard Natural Resources LLC was Downgraded by Hilliard Lyons to ” Neutral” on Sep 27, 2016. Stifel Downgraded Vanguard Natural Resources LLC on Sep 19, 2016 to ” Sell”, Price Target of the shares are set at $0.50.
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 Company’s 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.