New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 15, 2012
07:24 EDTVNRVanguard Natural to acquire properties in Montana for $131M
Vanguard Natural Resources has entered into a definitive agreement with an undisclosed seller to acquire certain non-operated oil and natural gas assets in Montana for a purchase price of $131M. However, the properties under the agreement are subject to a third party’s preferential right to purchase, which expires thirty days after notice. The properties are located in the Bakken trend and are characterized by mature oil production with some associated natural gas production. The properties will be immediately accretive to cash flow and have current net production of approximately 1,100 BOE per day. The effective date of the acquisition is August 1, 2012 and the company anticipates closing this acquisition on or before December 31.
News For VNR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 2, 2015
07:17 EDTVNRVanguard Natural reports Q4 adjusted EPS 19c, consensus 28c
Subscribe for More Information
February 24, 2015
10:08 EDTVNROptions with decreasing implied volatility
Subscribe for More Information
February 17, 2015
09:20 EDTVNROn The Fly: Pre-market Movers
UP AFTER EARNINGS: Vipshop Holdings (VIPS), up 10.9%... VASCO Data Security (VDSI), up 7.1%... Waste Management (WM), up 3.7%. ALSO HIGHER: Starwood Hotels (HOT), up 1.9% after appointing Adam Aron as interim CEO... Sarepta Therapeutics (SRPT), up 7.3% after being upgraded at BofA/Merrill... Navidea Biopharmaceuticals (NAVB), up 7.5% after publishing results of phase 3 Lymphoseek trial... Campus Crest (CCG), up 7.7% after announcing that it will explore strategic alternatives as well as Clinton Group and Campus Evolution proxy contest... Cyren (CYRN), up 7.1% following distribution agreement with ALSO Deutschland. DOWN AFTER EARNINGS: Helix Energy (HLX), down 13.3%... Walter Energy (WLT), down 10.1%. ALSO LOWER: Celsus Therapeutics (CLTX), down 82.3% after MRX-6 Cream 2% Phase II trial did not meet primary endpoint... Vascular Biogenics (VBLT), down 53.2% after reporting that VB-201 Phase 2 studies did not meet primary endpoints and removal of FDA partial clinical hold on VB-111... Vanguard Natural Resources (VNR), down 7.1% after reporting preliminary fourth quarter results.
07:59 EDTVNRVanguard Natural sees FY16 production 353,000-393,200 Mcfe/d
07:59 EDTVNRVanguard Natural sees FY15 production 360,400 - 398,000 Mcfe/d
Subscribe for More Information
07:59 EDTVNRVanguard Natural sees FY14 production 327,109 Mcfe/d
Subscribe for More Information
07:58 EDTVNRVanguard Natural sees 2015 capital budget of $113.5M
The company said: "During 2015 and 2016, we intend to concentrate our drilling on low risk, development opportunities with the majority of drilling capital focused on high Btu natural gas wells. We currently anticipate a capital budget for 2015 of approximately $113.5M, excluding any potential future acquisitions. We expect to spend approximately 50% of the 2015 capital budget on activities in the Green River Basin where we will participate as a non-operated partner in the drilling and completion of vertical natural gas wells. Additionally, we expect to spend approximately 25% of the 2015 capital budget in the Gulf Coast Basin on the newly acquired East Haynesville assets drilling both vertical and horizontal wells and several recompletion projects. The balance of the 2015 budget is related to maintenance activities in our other operating areas. For purposes of our 2016 guidance, we have assumed the same allocation of capital and drilling results as the 2015 capital plan." Sees 2016 capital budget $117M.
07:56 EDTVNRVanguard Natural lowers annual common unit distribution to $1.41 from $2.52
Subscribe for More Information
07:54 EDTVNRVanguard Natural sees Q4 adjusted EPS 19c, consensus 26c
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use