LRR Energy (NASDAQ:LRE – Get Free Report) posted its earnings results on Thursday. The oil and gas producer reported $0.23 earnings per share for the quarter, reports. The business had revenue of $42.18 million during the quarter.
LRR Energy Stock Performance
LRE stock opened at $1.11 on Friday. The firm has a 50 day moving average of $1.28 and a 200-day moving average of $1.30. LRR Energy has a 12 month low of $1.00 and a 12 month high of $1.89.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of LRR Energy in a report on Monday, September 14th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, LRR Energy presently has an average rating of “Sell”.
About LRR Energy
LRR Energy, L.P. was an independent oil and natural gas company focused on acquiring, developing and operating producing properties in the United States. Its activities included the exploration, development and production of crude oil, natural gas and natural gas liquids from mature, onshore assets.
The company’s portfolio was concentrated in U.S. oil and gas regions, including properties in the Permian Basin and other producing areas. LRR Energy emphasized assets with established production and opportunities for additional development through drilling, workovers and operational improvements.
LRR Energy became a publicly traded master limited partnership on the Nasdaq under the symbol LRE in 2011.
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