LRR Energy (LRE) Declares $0.1875 Quarterly Dividend; 9.5% Yield

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Vanguard Natural Resources Announces Deal to Acquire LRR Energy for $539 Million and Conference Call to Discuss Transaction

April 20, 2015 8:01 PM EDT

HOUSTON, April 20, 2015 (GLOBE NEWSWIRE) -- Vanguard Natural Resources, LLC (Nasdaq: VNR) ("Vanguard" or "the Company") and LRR Energy, L.P. (NYSE: LRE) today announced that they have entered into a Purchase Agreement and Plan of Merger pursuant to which a subsidiary of Vanguard will merge into LRR Energy, L.P. and, at the same time, Vanguard will acquire LRE GP, LLC, the general partner of LRR Energy, L.P. (collectively, "LRR Energy", or "LRE") for total consideration of $251 million in Vanguard common units and the assumption... More

Vanguard Natural Resources Announces Deal to Acquire LRR Energy for $539 Million and Conference Call to Discuss Transaction

April 20, 2015 8:01 PM EDT

HOUSTON, April 20, 2015 (GLOBE NEWSWIRE) -- Vanguard Natural Resources, LLC (Nasdaq: VNR) ("Vanguard" or "the Company") and LRR Energy, L.P. (NYSE: LRE) today announced that they have entered into a Purchase Agreement and Plan of Merger pursuant to which a subsidiary of Vanguard will merge into LRR Energy, L.P. and, at the same time, Vanguard will acquire LRE GP, LLC, the general partner of LRR Energy, L.P. (collectively, "LRR Energy", or "LRE") for total consideration of $251 million in Vanguard common units and the assumption... More

Vanguard Natural Resources Announces Deal to Acquire LRR Energy for $539 Million and Conference Call to Discuss Transaction

April 20, 2015 8:01 PM EDT

HOUSTON--(BUSINESS WIRE)-- Vanguard Natural Resources, LLC (NASDAQ: VNR) (Vanguard or the Company) and LRR Energy, L.P. (NYSE: LRE) today announced that they have entered into a Purchase Agreement and Plan of Merger pursuant to which a subsidiary of Vanguard will merge into LRR Energy, L.P. and, at the same time, Vanguard will acquire LRE GP, LLC, the general partner of LRR Energy, L.P. (collectively, LRR Energy, or LRE) for total consideration of $251 million in Vanguard common units and the assumption of LREs net debt of $288... More

LRR Energy, L.P. Announces Reduced Quarterly Cash Distribution and Conference Call to Report First Quarter 2015 Results

April 20, 2015 7:30 PM EDT

HOUSTON--(BUSINESS WIRE)-- LRR Energy, L.P. (NYSE: LRE) (LRR Energy) announced today that the Board of Directors of its general partner declared a cash distribution for the first quarter of 2015 of $0.1875 per outstanding unit, or $0.75 on an annualized basis. The distribution will be paid on May 15, 2015, to all unitholders of record as of the close of business on May 1, 2015. The distribution represents a 62% reduction from LRR Energys last quarterly distribution which was $0.4975 per outstanding unit, or $1.99 on an annualized basis.

Earnings Conference Call

LRR Energy will provide the details of its... More