Vanguard Natural Resources LLC (VNR) Releases Earnings Results, Beats Expectations By $0.11 EPS

Vanguard Natural Resources LLC (VNR) reported quarterly earnings results on Wednesday, Jul-27-2016. The company said it had a profit of $0.24 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.11. Analysts had a consensus of $0.13. Analysts expectations of $156.72 million. 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 Upgraded by Stifel to ” Hold” on May 27, 2016.

Vanguard Natural Resources LLC closed down -0.04 points or -2.23% at $1.75 with 16,66,676 shares getting traded on Thursday. Post opening the session at $1.88, the shares hit an intraday low of $1.69 and an intraday high of $1.88 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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.

Vanguard Natural Resources LLC

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