Vanguard Natural Resources LLC (VNR) : During the past 4 weeks, traders have been relatively bearish on Vanguard Natural Resources LLC (VNR), hence the stock is down -32.02% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -11.16% relative to the S&P 500. The 4-week change in the price of the stock is -31.31% and the stock has fallen -11.11% in the past 1 week.
The stock has recorded a 20-day Moving Average of 19.65% and the 50-Day Moving Average is 9.21%. Vanguard Natural Resources LLC (NASDAQ:VNR): On Fridays trading session , Opening price of the stock was $1.51 with an intraday high of $1.54. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $1.35. However, the stock managed to close at $1.36, a loss of 8.11% for the day. On the previous day, the stock had closed at $1.48. The total traded volume of the day was 1,676,736 shares.
The company Insiders own 1.2% of Vanguard Natural Resources LLC shares according to the proxy statements. Institutional Investors own 14.28% of Vanguard Natural Resources LLC shares. Also, Major Brokerage house, Stifel Nicolaus upgrades its ratings on Vanguard Natural Resources LLC (NASDAQ:VNR). According to the latest information available, the shares are now rated Overweight by the analysts at the agency. Previously, the analysts had a Equal-weight rating on the shares. The rating by the firm was issued on May 27, 2016.
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.