Vanguard Natural Resources LLC (VNR) is Downgraded by Stifel to Sell, Price Target at $0.50

Vanguard Natural Resources LLC (VNR) was Downgraded by Stifel to ” Sell” and the brokerage firm has set the Price Target at $0.50. Earlier the firm had a rating of “Hold ” on the company shares. Stifel advised their investors in a research report released on Sep 19, 2016.

Many Wall Street Analysts have commented on Vanguard Natural Resources LLC. Stifel Downgraded Vanguard Natural Resources LLC on Sep 19, 2016 to ” Sell”, Price Target of the shares are set at $0.50.

On the company’s financial health, Vanguard Natural Resources LLC reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.13.Analysts expectations of $ 156.72.During the same quarter in the previous year, the company posted $-0.07 EPS.

Vanguard Natural Resources LLC (VNR) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $1.28 and reached the intraday high at $1.3. The bulls started the profit booking and pushed the shares to intraday low of $1.26. The trading session was marked by a volume range of 552,715 shares exchanging hands. The 52-week high of the shares is $9.86 and the 52-week low is $1.07. The market cap of the company stands at $170 M and there are 131,038,826 shares in public circulation.

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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Vanguard Natural Resources LLC - Is it time to Sell?

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