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Stock Market & Financial Investment News

News Breaks
January 3, 2013
14:11 EDTVNR, BBGVanguard Natural closes previously announced acquisition for $328.8M
Vanguard Natural Resources (VNR) announced that on December 31 it consummated the previously announced acquisition of natural gas and liquids assets from Bill Barrett Corporation (BBG) for an adjusted purchase price of $328.8M, subject to customary final post-closing adjustments. The effective date of the acquisition is October 1. The company expects the following benefits from the acquisition: immediately accretive to distributable cash flow; company estimated proved reserves of approximately 300 Bcfe, 80% proved developed and 86% natural gas; reserve to production ratio of approximately 13 years; current net production of approximately 65 MMcfe/d from 2,822 gross wells; significantly hedged the expected natural gas and oil production for the next four years.
News For VNR;BBG From The Last 14 Days
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July 2, 2015
09:33 EDTVNRVanguard Natural upgraded to Overweight from Neutral at JPMorgan
June 30, 2015
10:01 EDTBBGOn The Fly: Analyst Initiation Summary
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06:44 EDTBBGBill Barrett initiated with a Buy at Canaccord
Target $12.
June 26, 2015
10:00 EDTVNROn The Fly: Analyst Upgrade Summary
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08:58 EDTVNRVanguard Natural upgraded to Buy from Neutral at BofA/Merrill
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June 25, 2015
16:51 EDTBBGBill Barrett files $500M mixed securities shelf
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June 23, 2015
10:00 EDTVNROn The Fly: Analyst Upgrade Summary
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09:13 EDTVNRVanguard Natural upgraded to Outperform at Raymond James
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06:17 EDTVNRVanguard Natural upgraded to Outperform from Market Perform at Raymond James
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