Vanguard Natural Resources LLC (NASDAQ:VNR) : The consensus on Vanguard Natural Resources LLC (NASDAQ:VNR) based on 8 analyst recommendation on the company stock is 2.75, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Vanguard Natural Resources LLC (NASDAQ:VNR).
Vanguard Natural Resources LLC (NASDAQ:VNR) : Currently there are 5 street experts covering Vanguard Natural Resources LLC (NASDAQ:VNR) stock. The most bullish and bearish price target for the stock is $12 and $1 respectively for the short term. The average price target of all the analysts comes to $3.8. The estimated standard deviation from the target is $4.6.
Company shares have received an average consensus rating of Hold for the current week
Vanguard Natural Resources LLC (NASDAQ:VNR): stock turned positive on Tuesday. Though the stock opened at $1.2, the bulls momentum made the stock top out at $1.26 level for the day. The stock recorded a low of $1.1838 and closed the trading day at $1.24, in the green by 7.83%. The total traded volume for the day was 805,254. The stock had closed at $1.15 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the CFO of Vanguard Natural Resources, Llc, Robert Richard A had purchased shares worth of $293,074 in a transaction dated on March 25, 2015. A total of 20,610 shares were purchased at a price of $14.22 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
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.