Vanguard Natural Resources LLC (VNR) was Upgraded by Stifel to ” Hold”. Earlier the firm had a rating of “Sell ” on the company shares. Stifel advised their investors in a research report released on May 27, 2016.
Many Wall Street Analysts have commented on Vanguard Natural Resources LLC. Vanguard Natural Resources LLC was Upgraded by Raymond James to ” Mkt Perform” on Mar 14, 2016. FBR Capital Downgraded Vanguard Natural Resources LLC on Mar 7, 2016 to ” Mkt Perform”, Price Target of the shares are set at $2.
On the company’s financial health, Vanguard Natural Resources LLC reported $0.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on May 2, 2016. Analyst had a consensus of $-0.05. The company had revenue of $81.40 million for the quarter, compared to analysts expectations of $176.87 million. The company’s revenue was down -17.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.21 EPS.
Vanguard Natural Resources LLC opened for trading at $1.44 and hit $1.5 on the upside on Wednesday, eventually ending the session at $1.49, with a gain of 3.47% or 0.05 points. The heightened volatility saw the trading volume jump to 10,19,005 shares. Company has a market cap of $195 M.
In a different news, on Mar 25, 2015, Richard A Robert (CFO) purchased 20,610 shares at $14.22 per share price. According to the SEC, on Mar 25, 2015, Scott W Smith (CEO) purchased 26,035 shares at $14.22 per share price. On Mar 25, 2015, Britt Pence (Executive VP, Operations) purchased 21,039 shares at $14.22 per share price, according to the Form-4 filing with the securities and exchange commission.
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.