Vanguard Natural Resources (VNR) in Focus: Stock Jumps 6.1%
Vanguard Natural Resources, LLC (VNR) was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 20.8% in the past one-month time frame.
The company has seen 3 positive revisions in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Vanguard Natural Resources. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Vanguard Natural Resources, LLC (VNR) has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-ranked basic materials stocks include Cobalt International Energy, Inc. (CIE), World Point Terminals, LP (WPT) and Abraxas Petroleum Corp. (AXAS). While Cobalt International Energy and World Point Terminals hold a Zacks Rank #1 (Strong Buy), Abraxas Petroleum carries a Zacks Rank #2 (Buy).
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VANGUARD NATURAL RESOURCES LLC (VNR): Free Stock Analysis Report
COBALT INTERNATIONAL ENERGY INC (CIE): Free Stock Analysis Report
WORLD POINT TERMINALS LP (WPT): Free Stock Analysis Report
ABRAXAS PETROLEUM CP (AXAS): Free Stock Analysis Report
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