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VNRRQ - Vanguard Natural Resources Inc News Story

$0.015 0.0  11.1%

Last Trade - 16/07/19

Sector
Energy
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £312.7m
Position in Universe th / 6395

BRIEF-Vanguard Natural Resources Sees 2018 Capex Guidance $130 Mln To $140 Mln

Mon 13th August, 2018 1:05pm
Aug 13 (Reuters) - Vanguard Natural Resources Inc  VNRR.PK :
    * VANGUARD NATURAL RESOURCES, INC. REPORTS SECOND QUARTER
2018
RESULTS, ASSET DIVESTITURE UPDATES, AND UPDATED 2018 GUIDANCE
    * VANGUARD NATURAL RESOURCES INC - UPDATED Q3 AND FULL-YEAR
2018
OPERATIONAL AND FINANCIAL GUIDANCE FOR THE YEAR
    * VANGUARD NATURAL RESOURCES INC - UPDATED 2018 CAPITAL
BUDGET OF
APPROXIMATELY $130.0 MILLION TO $140.0 MILLION
    * VANGUARD NATURAL RESOURCES INC - "REMAIN SIGNIFICANTLY
HEDGED
FOR THE BALANCE OF 2018 AND THROUGH 2020"
    * VANGUARD NATURAL RESOURCES - REPORTED AVERAGE PRODUCTION
OF 363
MMCFE PER DAY IN Q2 REPRESENTS A 1% DECREASE VERSUS 368 MMCFE
PER DAY FOR Q1 OF 2018
    * VANGUARD NATURAL RESOURCES QTRLY NET LOSS ATTRIBUTABLE TO
VANGUARD COMMON STOCKHOLDERS/UNITHOLDERS, PER SHARE/UNIT $2.87
    * VANGUARD NATURAL - QTRLY ADJUSTED NET LOSS ATTRIBUTABLE TO
COMMON & CLASS B STOCKHOLDERS/UNITHOLDERS, PER SHARE/UNIT $1.25
    * VANGUARD NATURAL RESOURCES INC - PRODUCTION IS NOW
ESTIMATED TO
BE IN RANGE OF 343 MMCFE PER DAY TO 355 MMCFE PER DAY FOR Q3
2018
    * VANGUARD NATURAL RESOURCES INC - PRODUCTION IS NOW
ESTIMATED TO
BE IN RANGE OF 348 MMCFE PER DAY TO 362 MMCFE PER DAY FOR FULL
YEAR 2018
    * VANGUARD NATURAL - SEES Q3 2018 CAPEX GUIDANCE $22.5
MILLION TO
$27.5 MILLION
    * VANGUARD NATURAL - SEES 2018 CAPEX GUIDANCE $130 MILLION
TO $140
MILLION

Source text for Eikon:  ID:nPnbK065ca 
Further company coverage:  VNRR.PK 

 ((Reuters.Briefs@thomsonreuters.com;))
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