Breaking Finance News

Vanguard Natural Resources (NASDAQ:VNR) has been downgraded from Mkt Perform to Underperform in a statement by Raymond James today.

Raymond James has downgraded Vanguard Natural Resources (NASDAQ:VNR) from Mkt Perform to Underperform in a statement released on 10/03/2016.

Displaying a price of $0.90, Vanguard Natural Resources (NASDAQ:VNR) traded -3.86% lower on the day. The last stock close price is down -41.52% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. VNR has recorded a 50-day average of $1.28 and a two hundred day moving average of $1.49. 1,768,554 shares of VNR traded hands, up from an average trading volume of 1,594,000

See Chart Below

Vanguard Natural Resources (NASDAQ:VNR)

Vanguard Natural Resources has a one year low of $0.81 and a one year high of $9.53 Vanguard Natural Resources’s market capitalization is presently $0.

A total of 11 analysts have released a report on Vanguard Natural Resources. Two analysts rating the company a strong buy, two analysts rating the company a buy, seven analysts rating the company a hold, zero analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $3.80.

General Company Details For Vanguard Natural Resources (NASDAQ:VNR)

Vanguard Natural Resources, LLC is 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 over 10 operating basins: the Green River Basin in Wyoming; the Permian Basin in West Texas and New Mexico; the Gulf Coast Basin in Texas, Louisiana, Mississippi and Alabama; the Anadarko Basin in Oklahoma and North Texas; the Piceance Basin in Colorado; the Big Horn Basin in Wyoming and Montana; 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 owns working interests in approximately 14,460 gross (over 5,280 net) productive wells. In addition, the Company owns approximately 881,510 gross undeveloped leasehold acres surrounding its existing wells.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.