Shares of LRR Energy, L.P. (NASDAQ:LRE – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.34 and traded as high as $1.3701. LRR Energy shares last traded at $1.29, with a volume of 6,118 shares traded.
Analysts Set New Price Targets
Separately, Weiss Ratings lowered shares of LRR Energy from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, June 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, LRR Energy has an average rating of “Sell”.
Get Our Latest Report on LRR Energy
LRR Energy Trading Down 3.8%
LRR Energy (NASDAQ:LRE – Get Free Report) last released its earnings results on Friday, June 19th. The oil and gas producer reported ($0.11) EPS for the quarter. The business had revenue of $12.72 million during the quarter.
LRR Energy Company Profile
LRR Energy, L.P. (LRR Energy) operates, acquires, exploits and develops producing oil and natural gas properties in North America. The Company’s properties consist of onshore oil and natural gas properties. Its oil and natural gas properties include the Permian Basin region in West Texas and Southeast New Mexico, the Mid-Continent region in Oklahoma and East Texas, and the Gulf Coast region in Texas. As of December 31, 2014, the Company’s total estimated proved reserves were approximately 33.8 million barrels of oil equivalent (MMBoe), of which approximately 88% were proved developed reserves (approximately 73% proved developed producing and approximately 15% proved developed non-producing).
Recommended Stories
- Five stocks we like better than LRR Energy
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Receive News & Ratings for LRR Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LRR Energy and related companies with MarketBeat.com's FREE daily email newsletter.
