Vanguard Natural Resources (VNR) Tops Q1 EPS by 3c
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Vanguard Natural Resources, LLC Reports First Quarter 2016 Results
May 2, 2016 5:01 PM EDTHOUSTON, May 02, 2016 (GLOBE NEWSWIRE) -- Vanguard Natural Resources, LLC (NASDAQ: VNR) (Vanguard or the Company) today reported financial and operational results for the quarter ended March 31, 2016.
Mr. Scott W. Smith, President and CEO, commented, We are very pleased to have announced the agreement to sell our SCOOP/STACK assets in Oklahoma and look forward to closing the divestiture in May and using the proceeds to reduce our borrowings under our revolving credit facility. We continue to look for opportunistic ways to improve our cash flow and strengthen our balance... More
