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Stock Market & Financial Investment News

News Breaks
January 3, 2013
14:11 EDTBBG, VNRVanguard 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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May 26, 2015
07:56 EDTVNRVanguard Natural announces postponement of 2015 annual meeting
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07:24 EDTBBGBill Barrett upgraded to Accumulate from Hold at KLR Group
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May 22, 2015
12:18 EDTVNRVanguard Natural to hold a conference call
Conference call to discuss the acquisition of Eagle Rock Energy Partners for ~$614M will be held on May 26 at 11 am. Webcast Link
09:25 EDTVNROn The Fly: Pre-market Movers
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May 21, 2015
17:44 EDTVNRVanguard Natural to acquire Eagle Rock Energy for about $614M
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17:40 EDTVNRVanguard Natural to acquire Eagle Rock Energy for about $614M

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