Brokerage Firm Rating 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) : The highest short term price target forecast on Vanguard Natural Resources LLC (VNR) is $12 and the lowest target price is $1. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $3.7 with a standard deviation of $4.66.


Company shares have received an average consensus rating of Hold for the current week Vanguard Natural Resources LLC (NASDAQ:VNR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $1.42 and $1.42 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $1.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $1.48, notching a gain of 4.23% for the day. The total traded volume was 701,862 . The stock had closed at $1.42 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CFO of Vanguard Natural Resources, Llc, Robert Richard A, had purchased 20,610 shares in a transaction dated on March 25, 2015. The transaction was executed at $14.22 per share with total amount equaling $293,074.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.