Vanguard Natural Resources LLC (NASDAQ:VNR) has risen sharply, recording gains of 0.72% in the past 4 weeks. However, the stock has corrected -2.8% in the past 1 week, providing a good buying opportunity on dips. Vanguard Natural Resources LLC (NASDAQ:VNR) : During the past 4 weeks, traders have been relatively bearish on Vanguard Natural Resources LLC (NASDAQ:VNR), hence the stock is down -0.88% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.03% relative to the S&P 500.
The company shares have dropped -89.81% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $14.15 and the one year low was seen on Jun 24, 2016. The 50-Day Moving Average price is $1.36 and the 200 Day Moving Average price is recorded at $1.84.
The stock has recorded a 20-day Moving Average of 6.6% and the 50-Day Moving Average is 3.26%.
Vanguard Natural Resources LLC (NASDAQ:VNR): stock turned positive on Friday. Though the stock opened at $1.38, the bulls momentum made the stock top out at $1.41 level for the day. The stock recorded a low of $1.36 and closed the trading day at $1.39, in the green by 2.21%. The total traded volume for the day was 745,954. The stock had closed at $1.36 in the previous days trading.
In an insider trading activity, Robert Richard A, CFO of Vanguard Natural Resources, Llc had purchased 20,610 shares on March 25, 2015 in a transaction. The price per share was $14.22 and the total amount of the disclosed transaction was $293,074.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
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.