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Vanguard Natural Resources, LLC Message Board

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  • segalb67 segalb67 Apr 14, 2010 2:05 PM Flag

    I was havin' a good day

    Dg,

    The key point made about acquisitions during the break out session was the fact that the greater percentage increase in VNR's share price vis-a-vis the increase in the prices of potential acquisition properties increases VNR's ability to do quality acquisitions and that VNR intends to pursue an active acquisition policy since property acquisitions are the life blood of VNR ( and of its peers ).
    VNR management also emphasized its commitment to disciplined, conservative management of its finances in general and its balance sheet in particular.
    Yesterday was my first interface with VNR management and I came away with a positive feeling about management's operating philosophy and capability.

    Best,

 
VNR
12.46+0.54(+4.53%)Jul 29 4:00 PMEDT