dan, could you comment on this? I don't find any mention of the yield??
Vanguard Natural Resources: Valuation Targets Price At $20
Summary
•VNR's recent decline of 18.04% is likely to continue as a result of further declines in earnings and increasing costs.
•P/E ratio of 336.50, BV per share of $17.18, and Benjamin Graham's valuation model at -$11.55 all demonstrate the overvaluation in the stock price.
•Strong technical indicators RSI and momentum display signs of reversal.
•Options chain open interest data evidently shows that open contracts in puts are rising more than calls, a strong bearish signal.
•We expect the price to reach between $18 and $20 per share in the medium term.
complete article-----
http://seekingalpha.com/article/2551855 ... 0?uprof=46
VNR
Re: VNR
It is in our High Yield Income Portfolio in the newsletter. You can find our recent profile and my forecast under the MLP tab. It is solid and they have a very high percentage if the production hedged at good prices. Dividends are paid monthly and they are rock solid.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: VNR
Oversold, 11.3% Dividend Vanguard Natural Resources Is A Bargain On This Dip
Oct. 13, 2014 7:21 AM ET | 9 comments | About: Vanguard Natural Resources, LLC (VNR)
Disclosure: The author has no positions in any stocks mentioned, but may initiate a long position in VNR over the next 72 hours. (More...)
Summary
•VNR closed on the acquisitions of two new properties in Q3 2014. These both should be accretive to distributable cash flow.
•VNR reserves are 68% natural gas. Hence VNR is not overly exposed to falling oil prices; and natural gas prices seem likely to rise.
•VNR oil production is well hedged for both 2014 and 2015 as is its natural gas production.
•VNR grows mostly by buying mature, low decline rate assets that require little development. This should obviate the development financing problems of many development companies.
http://seekingalpha.com/article/2556735 ... -dip?ifp=0
Oct. 13, 2014 7:21 AM ET | 9 comments | About: Vanguard Natural Resources, LLC (VNR)
Disclosure: The author has no positions in any stocks mentioned, but may initiate a long position in VNR over the next 72 hours. (More...)
Summary
•VNR closed on the acquisitions of two new properties in Q3 2014. These both should be accretive to distributable cash flow.
•VNR reserves are 68% natural gas. Hence VNR is not overly exposed to falling oil prices; and natural gas prices seem likely to rise.
•VNR oil production is well hedged for both 2014 and 2015 as is its natural gas production.
•VNR grows mostly by buying mature, low decline rate assets that require little development. This should obviate the development financing problems of many development companies.
http://seekingalpha.com/article/2556735 ... -dip?ifp=0
Re: VNR
Vanguard Natural Resources: Buy When Market Forces Snowball
Oct. 13, 2014 1:16 PM ET | 6 comments | About: Vanguard Natural Resources, LLC (VNR)
Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...)
Summary
•Over-leveraged and under-hedged producers deserve to be sold in response to commodity price uncertainty.
•VNR has prudent multi-year hedging and is gas weighted.
•VNR is at multi-year lows and is worth a look.
http://seekingalpha.com/article/2557945 ... l?uprof=46
Oct. 13, 2014 1:16 PM ET | 6 comments | About: Vanguard Natural Resources, LLC (VNR)
Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...)
Summary
•Over-leveraged and under-hedged producers deserve to be sold in response to commodity price uncertainty.
•VNR has prudent multi-year hedging and is gas weighted.
•VNR is at multi-year lows and is worth a look.
http://seekingalpha.com/article/2557945 ... l?uprof=46