Vanguard Natural Resources, LLC expected to Report Fiscal Year 2009 Results on March 1, 2010. This event was calculated by Capital IQ (Created on November 5, 2009).

Vanguard Natural Resources, LLC announced unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported total revenues of $6,651,000, loss from operations of $3,054,000, net income of $701,000 or $0.05 per diluted share against total revenues of $84,248,000, income from operations of $73,753,000, net income of $71,809,000 or $5.9 per diluted share a year ago. Capital expenditures for the drilling, capital workover and recompletion of natural gas and oil properties were approximately $1.1 million in the third quarter of 2009 compared to $6.7 million for the comparable quarter of 2008. Adjusted EBITDA increased 13% to $15.6 million from $13.8 million in the third quarter of 2008. Adjusted net income was $8,400,000 or $0.58 per basic and diluted share as compared to $5,876,000 or $0.48 per basic and diluted share for the same period a year ago. Distributable cash flow was $12,959,000 against $5,644,000 for the same period a year ago. For the nine months, the company reported total revenues of $35,495,000, loss from operations of $58,023,000, net loss of $56,032,000 or $4.24 per diluted share against total revenues of $39,856,000, income from operations of $13,214,000, net income of $8,857,000 or $0.77 per diluted share a year ago. For the first nine months of 2009, Vanguard spent $3.0 million for drilling, capital workover and completion work, compared to $13.4 million during the comparable period last year. Adjusted EBITDA increased 15% to $41.5 million from the $36.2 million generated in the first nine months of 2008. Adjusted net income was $21,047,000 or $1.59 per basic and diluted share as compared to $15,320,000 or $1.33 per basic and diluted share for the same period a year ago. Distributable cash flow was $34,256,000 against $18,991,000 for the same period a year ago. On November 13, 2009, the company will pay a third-quarter cash distribution of $0.50 per unit to its unit holders of record as of November 6, 2009. This quarterly distribution payment is unchanged from the amount distributed during the second quarter of 2009 and the third quarter of 2008.

Vanguard Natural Resources, LLC reported financial and operational results for the quarter and nine months ended September 30, 2009 with net income of $0.7 million. The company is looking for acquisition opportunities. Mr. Richard Robert, Executive Vice President and CFO of the company said: "The success of our recent equity capital raise associated with the Lewis acquisition strengthened our balance sheet and created renewed financially flexibility to successfully execute our growth plans going forward. We continue to seek out acquisition opportunities that will allow us to expand and diversify our asset base with the objective of generating higher levels of predictable cash flow and raising our level of distribution. With our prudent hedging strategy, we have taken the necessary steps to position the Company to continue to perform well in any commodity price environment."