Vanguard Natural Resources LLC (VNR) : Traders are bullish on Vanguard Natural Resources LLC (VNR) as it has outperformed the S&P 500 by a wide margin of 54.24% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 40.35%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 42.45% in the last 1 week, and is up 60.98% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 47.05% and the 50-Day Moving Average is 39.69%.
Vanguard Natural Resources LLC (NASDAQ:VNR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $1.86 and $1.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $2.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $1.98, notching a gain of 12.50% for the day. The total traded volume was 5,763,085 . The stock had closed at $1.76 on the previous day.
The company Insiders own 1.2% of Vanguard Natural Resources LLC shares according to the proxy statements. Institutional Investors own 14.09% of Vanguard Natural Resources LLC shares. In a related news, Robert Richard A, CFO of Vanguard Natural Resources, Llc, executed a transaction worth $293,074 on March 25, 2015. A total of 20,610 shares were purchased at an average price of $14.22. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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.