Vanguard Natural Resources LLC (VNR): Price Target and June Short Interest Disclosure

Vanguard Natural Resources LLC (VNR) : The most positive equity analysts on Vanguard Natural Resources LLC (VNR) expects the shares to touch $12, whereas, the least positive believes that the stock will trade at $1 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $3.7 with an expected fluctuation of $4.66 from the mean.

Vanguard Natural Resources LLC (VNR), A drop of 340,641 shares or 7.4% was seen in the short interest of Vanguard Natural Resources LLC – Common Units. Even as the interest dropped from 4,601,121 shares on June 15,2016 to 4,260,480 shares on June 30,2016, the days to cover came in at 3. The updated interest stood at 3.4% of the stocks floats. The stock has seen an average daily volume of 1,279,252 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Equity Analysts at the Stifel Nicolaus upgrades the rating on Vanguard Natural Resources LLC (NASDAQ:VNR). The brokerage firm has issued a Overweight rating on the shares. The shares were previously rated Equal-weight. The rating by the firm was issued on May 27, 2016.


Vanguard Natural Resources LLC (NASDAQ:VNR): stock turned positive on Thursday. Though the stock opened at $1.74, the bulls momentum made the stock top out at $1.95 level for the day. The stock recorded a low of $1.71 and closed the trading day at $1.76, in the green by 5.39%. The total traded volume for the day was 5,050,786. The stock had closed at $1.67 in the previous days trading.

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.

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