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Vanguard Natural Resources, LLC Message Board

jawjmw 1 post  |  Last Activity: Jul 27, 2014 5:27 PM Member since: Nov 11, 2000
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  • jawjmw by jawjmw Jul 27, 2014 5:27 PM Flag

    June 26 they issued a report stating that NDRO was in over bought position. On July 23 they issued the same report. On July 21 NDRO announced the next distribution which was up approx. 25% from the previous month. Production was up also (oil approx. 12% and ng 7%). Not knowing what future production will be how can they determine future earnings and distributions. Do they guess?
    Production from wells under current drilling operations is unknown. Estimated by parties responsible for the project can only estimate in my opinion. Any thoughts? Anybody have real faith in Zachs? I think I lost mine.

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