Brokerage Firm Rating Update on Vanguard Natural Resources LLC (VNR)

Vanguard Natural Resources LLC (VNR) : The consensus on Vanguard Natural Resources LLC (VNR) based on 6 analyst recommendation on the company stock is 3, 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 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 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 (VNR).

Vanguard Natural Resources LLC (VNR) : 5 Wall Street analysts covering Vanguard Natural Resources LLC (VNR) believe that the average level the stock could reach for the short term is $3.7. The maximum price target given is $12 and the minimum target for short term is around $1, hence the standard deviation is calculated at $4.66.


Company shares have received an average consensus rating of Hold for the current week

Vanguard Natural Resources LLC (NASDAQ:VNR): The stock was completely flat for the day, closing at $1.28 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $1.28, the stock touched an intraday high of $1.32 and a low of $1.28. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $1.28. The total trading volume on Wednesday was 656,327.

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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