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This company has been marked as potentially delisted and may not be actively trading.

NASDAQ:LGCY

Legacy Reserves (LGCY) Stock Price, News & Analysis

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About Legacy Reserves Stock (NASDAQ:LGCY)

Advanced Chart

Key Stats

Today's Range
$7.71
$8.16
50-Day Range
$0.01
$0.04
52-Week Range
$3.60
$10.37
Volume
83,875 shs
Average Volume
81,945 shs
Market Capitalization
$87.40 million
P/E Ratio
11.34
Dividend Yield
N/A
Price Target
$10.40
Consensus Rating
Buy

Company Overview

Legacy Reserves Inc., an independent energy company, engages in the acquisition, development, and production of oil and natural gas properties in the United States. It focuses on the horizontal development of unconventional plays in the Permian Basin and the management of shallow-decline oil and natural gas wells in the regions of Permian Basin, East Texas, Rocky Mountain, and Mid-Continent. As of December 31, 2018, the company had proved reserves of approximately 164.9 million barrels of crude oil equivalent covering natural gas, as well as oil and natural gas liquids. Legacy Reserves Inc. was founded in 2005 and is based in Midland, Texas.

Legacy Reserves Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
47th Percentile Overall Score

LGCY MarketRank™: 

Legacy Reserves scored higher than 47% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Legacy Reserves has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Legacy Reserves has only been the subject of 1 research reports in the past 90 days.

  • Read more about Legacy Reserves' stock forecast and price target.
  • Earnings Growth

    Earnings for Legacy Reserves are expected to grow by 6.90% in the coming year, from $0.58 to $0.62 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Legacy Reserves is 11.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.95.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Legacy Reserves is 11.34, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.73.

  • Short Interest

    There is no current short interest data available for LGCY.
  • Dividend Yield

    Legacy Reserves does not currently pay a dividend.

  • Dividend Growth

    Legacy Reserves does not have a long track record of dividend growth.

  • Short Interest

    There is no current short interest data available for LGCY.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Legacy Reserves this week, compared to 0 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Legacy Reserves insiders have bought more of their company's stock than they have sold. Specifically, they have bought $35,096.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 0.80% of the stock of Legacy Reserves is held by insiders.

  • Read more about Legacy Reserves' insider trading history.
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LGCY Stock News Headlines

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LGCY Stock Analysis - Frequently Asked Questions

Legacy Reserves Inc (NASDAQ:LGCY) announced its quarterly earnings data on Wednesday, October, 31st. The oil and gas producer reported ($0.46) EPS for the quarter, missing analysts' consensus estimates of $0.23 by $0.69. The oil and gas producer had revenue of $145.21 million for the quarter, compared to analysts' expectations of $143.40 million.

Legacy Reserves (LGCY) raised $12 million in an initial public offering on Thursday, September 26th 2024. The company issued 2,000,000 shares at $5.00-$7.00 per share. Northland Capital Markets and Ladenburg Thalmann acted as the underwriters for the IPO.

Legacy Reserves' lock-up period expired on Tuesday, March 25th. Legacy Reserves had issued 2,500,000 shares in its initial public offering on September 26th. The total size of the offering was $10,000,000 based on an initial share price of $4.00. Since the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Based on aggregate information from My MarketBeat watchlists, some other companies that Legacy Reserves investors own include Bank of Hawaii (BOH), Northern Tier Energy (NTI), STAG Industrial (STAG), InterDigital (IDCC), Memorial Production Partners (MEMP), Targa Resources (TRGP) and (BBEPQ) (BBEPQ).

Company Calendar

Last Earnings
10/31/2018
Today
5/02/2025
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Educational services
Sub-Industry
N/A
Current Symbol
NASDAQ:LGCY
Fax
N/A
Employees
337
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.40
High Stock Price Target
$10.80
Low Stock Price Target
$10.00
Potential Upside/Downside
+47.3%
Consensus Rating
Buy
Rating Score (0-4)
3.33
Research Coverage
3 Analysts

Profitability

Trailing P/E Ratio
11.34
Forward P/E Ratio
12.17
P/E Growth
N/A
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Price / Cash Flow
N/A
Price / Book
N/A

Miscellaneous

Free Float
12,282,000
Market Cap
$87.40 million
Optionable
Optionable
Beta
N/A
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This page (NASDAQ:LGCY) was last updated on 5/2/2025 by MarketBeat.com Staff
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