Legacy Reserves LP Company Profile (NASDAQ:LGCY)

About Legacy Reserves LP

Legacy Reserves LP logoLegacy Reserves LP (Legacy) is a master limited partnership company. The Company is focused on the acquisition and development of oil and natural gas properties located in the Permian Basin, Rocky Mountain and Mid-Continent regions of the United States. The Company has proved reserves of approximately 164.2 million barrels of crude oil equivalent (MMBoe), of which over 73% are natural gas, approximately 27% are oil and natural gas liquids (NGLs) and over 97% are classified as proved developed producing. The Company has completed approximately 140 acquisitions of oil and natural gas properties. It owns interests in producing oil and natural gas properties in over 720 fields in the Permian Basin, East Texas, Piceance Basin of Colorado, Texas Panhandle, Wyoming, North Dakota, Montana, Oklahoma and several other states. Legacy's fields and regions include East Texas, Spraberry/War San, Piceance Basin, Lea, Texas Panhandle, Deep Rock, Shafter Lake, Jalmat, Winchester and Denton.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: LGCY
  • CUSIP:
Key Metrics:
  • Previous Close: $2.19
  • 50 Day Moving Average: $2.37
  • 200 Day Moving Average: $1.88
  • 52-Week Range: $0.61 - $3.89
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -1.96
  • P/E Growth: -0.16
  • Market Cap: $158.87M
  • Beta: 2.36
Profitability:
  • Net Margins: -97.58%
  • Return on Assets: -6.15%
Debt:
  • Debt-to-Equity Ratio: -3.32%
  • Current Ratio: 1.14%
  • Quick Ratio: 1.14%
Additional Links:
Companies Related to Legacy Reserves LP:

Analyst Ratings

Consensus Ratings for Legacy Reserves LP (NASDAQ:LGCY) (?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $4.17 (90.26% upside)

Analysts' Ratings History for Legacy Reserves LP (NASDAQ:LGCY)
Show:
DateFirmActionRatingPrice TargetDetails
2/22/2017FBR & CoReiterated RatingHoldView Rating Details
10/26/2016Stifel NicolausUpgradeSell -> Hold$1.75View Rating Details
3/28/2016Robert W. BairdLower Price TargetOutperform -> Neutral$25.00 -> $9.00View Rating Details
2/18/2016Wells Fargo & CompanyDowngradeMarket Perform -> UnderperformView Rating Details
2/12/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> NeutralView Rating Details
12/18/2015Barclays PLCReiterated RatingHoldView Rating Details
10/21/2015Bank of America CorpDowngradeNeutral -> Underperform$12.00 -> $4.00View Rating Details
10/14/2015WunderlichDowngradeBuy -> Hold$13.00 -> $6.00View Rating Details
9/14/2015Citigroup Inc.Lower Price TargetNeutral$9.50 -> $4.00View Rating Details
8/13/2015J P Morgan Chase & CoBoost Price Target$9.00 -> $12.00View Rating Details
8/12/2015Oppenheimer Holdings, Inc.DowngradeMarket Perform -> UnderperformView Rating Details
8/7/2015Royal Bank Of CanadaReiterated RatingSector Perform$13.00 -> $11.00View Rating Details
5/8/2015MLV & Co.Set Price TargetBuy$14.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Legacy Reserves LP (NASDAQ:LGCY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/22/2017Q4 2016($0.26)($1.53)$95.56 million$91.59 millionViewN/AView Earnings Details
11/2/2016Q316($0.22)($0.13)$99.04 million$83.50 millionViewN/AView Earnings Details
8/3/2016Q2($0.33)($0.81)$78.32 million$73.40 millionViewN/AView Earnings Details
5/4/2016Q1($0.67)$1.47$83.91 million$65.90 millionViewN/AView Earnings Details
2/24/2016Q4($0.34)($5.06)$102.06 million$79.90 millionViewListenView Earnings Details
11/5/2015Q315($0.22)($1.38)$102.02 million$89.50 millionViewListenView Earnings Details
8/5/2015Q215($0.11)($0.63)$104.61 million$87.80 millionViewListenView Earnings Details
5/7/2015Q115($0.29)($3.39)$102.50 million$81.54 millionViewListenView Earnings Details
2/25/2015Q414$0.12($4.94)$140.44 million$119.60 millionViewListenView Earnings Details
10/30/2014Q314$0.18$1.02$156.40 million$149.68 millionViewListenView Earnings Details
7/30/2014Q214$0.32($0.33)$128.87 million$137.10 millionViewN/AView Earnings Details
5/6/2014Q114$0.26$0.01$122.01 million$125.90 millionViewN/AView Earnings Details
2/19/2014Q413$0.32($0.82)$126.03 million$122.00 millionViewN/AView Earnings Details
11/4/2013Q313$0.34($0.06)$125.87 million$136.18 millionViewN/AView Earnings Details
8/5/2013Q2 2013$0.30$0.38$116.83 million$118.40 millionViewN/AView Earnings Details
5/6/2013Q1 2013$0.30($0.12)$111.57 million$108.90 millionViewN/AView Earnings Details
2/25/2013Q4 2012$0.37$0.04$89.98 million$90.50 millionViewN/AView Earnings Details
8/1/2012$0.47$1.73ViewN/AView Earnings Details
5/2/2012$0.44$0.15ViewN/AView Earnings Details
2/21/2012$0.51($1.28)ViewN/AView Earnings Details
11/2/2011$0.52$2.87ViewN/AView Earnings Details
8/3/2011$0.46$1.51ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Legacy Reserves LP (NASDAQ:LGCY)
Current Year EPS Consensus Estimate: $0.23 EPS
Next Year EPS Consensus Estimate: $-1.12 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.38)($0.38)($0.38)
Q2 20161($0.26)($0.26)($0.26)
Q3 20161($0.29)($0.29)($0.29)
Q4 20161($0.34)($0.34)($0.34)
Q1 20171($0.26)($0.26)($0.26)
Q2 20171($0.25)($0.25)($0.25)
Q3 20171($0.23)($0.23)($0.23)
Q4 20171($0.22)($0.22)($0.22)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Legacy Reserves LP (NASDAQ:LGCY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/27/2015quarterly$0.1517%11/3/201511/5/201511/13/2015
7/22/2015quarterly$0.3516.99%1/1/20157/31/20158/14/2015
4/21/2015quarterly$0.3510.19%4/29/20155/1/20155/15/2015
1/23/2015quarterly$0.6124.55%1/29/20152/2/20152/13/2015
10/20/2014quarterly$0.6110.71%10/29/201410/31/201411/14/2014
7/22/2014quarterly$0.617.55%7/30/20148/1/20148/14/2014
4/22/2014quarterly$0.609.21%4/30/20145/2/20145/15/2014
1/24/2014quarterly$0.598.71%1/30/20142/3/20142/14/2014
1/24/2014$0.591/30/20142/3/20142/14/2014
10/22/2013quarterly$0.597.98%10/30/201311/1/201311/14/2013
7/22/2013quarterly$0.588.29%7/30/20138/1/20138/14/2013
4/22/2013quarterly$0.588.33%4/30/20135/2/20135/15/2013
1/22/2013quarterly$0.579.03%1/30/20132/1/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Legacy Reserves LP (NASDAQ:LGCY)
Insider Ownership Percentage: 10.20%
Institutional Ownership Percentage: 17.84%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/1/2015Kyle D VannDirectorBuy25,000$4.17$104,250.00View SEC Filing  
8/18/2015Kyle HammondCOOBuy34,255$5.83$199,706.65View SEC Filing  
12/19/2014Kyle D VannDirectorBuy5,330$18.56$98,924.80View SEC Filing  
12/9/2014Cary D BrownCEOBuy19,931$16.40$326,868.40View SEC Filing  
6/17/2014Dale A BrownDirectorBuy200,000$25.00$5,000,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Legacy Reserves LP (NASDAQ:LGCY)
DateHeadline
4-traders.com logoLEGACY RESERVES LP : Results of Operations and Financial Condition (form 8-K) (NASDAQ:LGCY)
www.4-traders.com - February 23 at 6:15 PM
biz.yahoo.com logoLEGACY RESERVES LP Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:LGCY)
biz.yahoo.com - February 23 at 6:15 PM
News IconStock Buzz on Legacy Reserves LP (NASDAQ:LGCY): Can They Meet the Earnings Target of $-0.3 - Winfield Review (NASDAQ:LGCY)
winfieldreview.com - February 23 at 5:47 AM
News IconTechnicals in View on This Stock: Legacy Reserves LP (NASDAQ:LGCY) - Midway Monitor (NASDAQ:LGCY)
midwaymonitor.com - February 23 at 5:47 AM
marketexclusive.com logoLegacy Reserves LP (NASDAQ:LGCY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors ... - Market Exclusive (NASDAQ:LGCY)
marketexclusive.com - February 23 at 5:47 AM
globenewswire.com logoLegacy Reserves LP Announces Fourth Quarter and Annual 2016 Results and 2017 Guidance - GlobeNewswire (press release) (NASDAQ:LGCY)
globenewswire.com - February 23 at 5:47 AM
us.rd.yahoo.com logo5:07 pm Legacy Reserves reports Q4 (Dec) results, misses on revs (NASDAQ:LGCY)
us.rd.yahoo.com - February 22 at 11:29 PM
4-traders.com logoTallahassee Memorial HealthCare : An Ounce of Prevention Protects Heart (NASDAQ:LGCY)
www.4-traders.com - February 22 at 6:26 PM
seekingalpha.com logoLegacy Reserves LP (LGCY) (NASDAQ:LGCY)
seekingalpha.com - February 22 at 6:26 PM
biz.yahoo.com logoLEGACY RESERVES LP Files SEC form 10-K, Annual Report (NASDAQ:LGCY)
biz.yahoo.com - February 22 at 6:26 PM
biz.yahoo.com logoLEGACY RESERVES LP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:LGCY)
biz.yahoo.com - February 22 at 6:26 PM
News IconLegacy Reserves LP (NASDAQ:LGCY) Quarterly EPS At $-0.13 - Stock Observer (NASDAQ:LGCY)
www.thestockobserver.com - February 15 at 5:47 AM
News IconMarket Scout: Checking the Levels for Legacy Reserves Lp (LGCY) - Davidson Register (NASDAQ:LGCY)
davidsonregister.com - February 10 at 7:02 PM
News IconLegacy Reserves LP (NASDAQ:LGCY) Daily Sentiment Score At 0.015 - Stock Observer (NASDAQ:LGCY)
www.thestockobserver.com - February 10 at 7:02 PM
seekingalpha.com logoLegacy Reserves: The Balance Has Changed - Seeking Alpha (NASDAQ:LGCY)
seekingalpha.com - February 10 at 7:02 PM
finance.yahoo.com logoLegacy Reserves LP Announces Year-End 2016 Conference Call (NASDAQ:LGCY)
finance.yahoo.com - February 8 at 7:02 PM
News IconZooming in on Stock Levels: Legacy Reserves Lp (LGCY) - Rives Journal (NASDAQ:LGCY)
rivesjournal.com - February 8 at 12:34 AM
News IconFree Cash Flow Score in Focus for Legacy Reserves LP (NASDAQ:LGCY) - The Tribune (NASDAQ:LGCY)
lakecitytribune.com - February 1 at 7:05 PM
News IconQuarterly EPS Of Legacy Reserves LP (NASDAQ:LGCY) Set At ... - Stock Observer (NASDAQ:LGCY)
www.thestockobserver.com - February 1 at 7:05 PM
News IconKnuckling Down on Shares of Legacy Reserves LP (NASDAQ:LGCY) - Prospect Journal (NASDAQ:LGCY)
prospectjournal.com - February 1 at 5:09 AM
News IconCan This Stock Pick Up Any Momentum: Legacy Reserves LP (NASDAQ:LGCY) - Prospect Journal (NASDAQ:LGCY)
prospectjournal.com - January 31 at 5:01 AM
News IconTrading Scope: Checking on Shares of Legacy Reserves LP (NASDAQ:LGCY) - The Tribune (NASDAQ:LGCY)
lakecitytribune.com - January 31 at 5:01 AM
News IconRelative Strength Index Review on Shares of Legacy Reserves Lp (LGCY) - Sherwood Daily (NASDAQ:LGCY)
sherwooddaily.com - January 31 at 5:01 AM
News IconVolatility Numbers in View for Legacy Reserves LP (NASDAQ:LGCY) - Gilbert Daily (NASDAQ:LGCY)
gilbertdaily.com - January 29 at 11:35 PM
News IconHigh Volatility Creating Buzz Mid-Session For Legacy Reserves LP (NASDAQ:LGCY) - Wall Street Beacon (NASDAQ:LGCY)
wsbeacon.com - January 27 at 8:31 PM
News IconStock under Radar: Legacy Reserves LP (NASDAQ:LGCY ... - The Newburgh Press (NASDAQ:LGCY)
newburghpress.com - January 27 at 8:31 PM
finance.yahoo.com logoLegacy Reserves (LGCY) Shares March Higher, Can It Continue? (NASDAQ:LGCY)
finance.yahoo.com - January 27 at 8:31 PM
News IconUnorthodox Volume Noted Mid-Session in Shares of Legacy Reserves LP (NASDAQ:LGCY) - Aiken Advocate (NASDAQ:LGCY)
aikenadvocate.com - January 26 at 3:15 PM
News IconRange Watch on Technical Indicators for Legacy Reserves Lp (LGCY) - Sherwood Daily (NASDAQ:LGCY)
sherwooddaily.com - January 26 at 3:15 PM
News IconRoaring Ahead Mid-Session: Stock on Winner's List: Legacy Reserves LP (NASDAQ:LGCY) - Aiken Advocate (NASDAQ:LGCY)
aikenadvocate.com - January 26 at 3:15 PM
News IconStock Seesawing as Volatility Sweeps in on Legacy Reserves LP (NASDAQ:LGCY) - Wall Street Beacon (NASDAQ:LGCY)
wsbeacon.com - January 26 at 3:15 PM
News IconInvestor Notebook: Focusing in on Shares of Legacy Reserves Lp (LGCY) - Sherwood Daily (NASDAQ:LGCY)
sherwooddaily.com - January 24 at 6:59 PM
News IconQuarterly EPS Of Legacy Reserves LP (NASDAQ:LGCY) Set At $-0.13 - Stock Observer (NASDAQ:LGCY)
www.thestockobserver.com - January 24 at 6:59 PM
News IconEarnings in Full Force, Analysts Take Aim at Legacy Reserves LP (NASDAQ:LGCY) - Wall Street Beacon (NASDAQ:LGCY)
wsbeacon.com - January 24 at 6:59 PM
News IconVC Score In Focus for Legacy Reserves LP (NASDAQ:LGCY) - The Tribune (NASDAQ:LGCY)
lakecitytribune.com - January 24 at 4:37 AM
News IconKeen Investors Taking a Look at Legacy Reserves LP (NASDAQ:LGCY) - Prospect Journal (NASDAQ:LGCY)
prospectjournal.com - January 23 at 6:33 PM
investornewswire.com logoSentiments And Ratings Alert: Legacy Reserves LP (NASDAQ:LGCY) - Investor Newswire (NASDAQ:LGCY)
www.investornewswire.com - January 22 at 11:07 PM
News IconSell-side is Weighing in on Legacy Reserves LP (NASDAQ:LGCY) Earnings - Aiken Advocate (NASDAQ:LGCY)
aikenadvocate.com - January 21 at 2:38 AM
News IconIs This Stock Ready to Rumble: Legacy Reserves LP (NASDAQ:LGCY) - Prospect Journal (NASDAQ:LGCY)
prospectjournal.com - January 21 at 2:38 AM
News IconAmplified Volatility Spotted in Shares of Legacy Reserves LP (NASDAQ:LGCY) - Wall Street Beacon (NASDAQ:LGCY)
wsbeacon.com - January 21 at 2:38 AM
News IconStock Overview: Moving Average Check on Legacy Reserves Lp (LGCY) - Sherwood Daily (NASDAQ:LGCY)
sherwooddaily.com - January 20 at 1:05 AM
investornewswire.com logoLegacy Reserves LP (NASDAQ:LGCY) Strong Sell Recommendations At 0 - Investor Newswire (NASDAQ:LGCY)
www.investornewswire.com - January 17 at 11:39 PM
News IconStock in the Limelight: Legacy Reserves LP (NASDAQ:LGCY) - Prospect Journal (NASDAQ:LGCY)
prospectjournal.com - January 17 at 11:39 PM
News IconWill The Needle Move For Legacy Reserves LP (NASDAQ:LGCY) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:LGCY)
wsbeacon.com - January 17 at 11:39 PM
News IconLegacy Reserves LP (NASDAQ:LGCY) Bearish Target At $2.5 ... - Stock Observer (NASDAQ:LGCY)
www.thestockobserver.com - January 14 at 6:19 PM
News IconAre Institutions Jumping Ship on Legacy Reserves LP (NASDAQ:LGCY) - Wall Street Beacon (NASDAQ:LGCY)
wsbeacon.com - January 12 at 4:59 AM
News IconPlacing the Bulls-Eye Focus on Legacy Reserves LP (NASDAQ:LGCY) - Prospect Journal (NASDAQ:LGCY)
prospectjournal.com - January 11 at 12:11 AM
News IconDaily Sentiment Score Of Legacy Reserves LP (NASDAQ:LGCY) At 0.568 - Stock Observer (NASDAQ:LGCY)
www.thestockobserver.com - January 6 at 6:55 PM
News IconCan This Stock Pick Up Any Momentum: Legacy Reserves LP ... - Prospect Journal (NASDAQ:LGCY)
prospectjournal.com - January 4 at 7:06 PM
News IconBearish Target Of Legacy Reserves LP (NASDAQ:LGCY) At $2.5 - Stock Observer (NASDAQ:LGCY)
www.thestockobserver.com - December 31 at 6:05 PM

Social

What is Legacy Reserves LP's stock symbol?

Legacy Reserves LP trades on the NASDAQ under the ticker symbol "LGCY."

Where is Legacy Reserves LP's stock going? Where will Legacy Reserves LP's stock price be in 2017?

3 brokers have issued 1-year price objectives for Legacy Reserves LP's shares. Their forecasts range from $1.75 to $9.00. On average, they anticipate Legacy Reserves LP's share price to reach $4.17 in the next year.

When will Legacy Reserves LP announce their earnings?

Legacy Reserves LP is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

Who owns Legacy Reserves LP stock?

Legacy Reserves LP's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (15.00%), GSA Capital Partners LLP (0.20%) and RR Advisors LLC (0.14%). Company insiders that own Legacy Reserves LP stock include Kyle D Vann and Kyle Hammond.

Who bought Legacy Reserves LP stock? Who is buying Legacy Reserves LP stock?

Legacy Reserves LP's stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC and GSA Capital Partners LLP. Company insiders that have bought Legacy Reserves LP stock in the last two years include Kyle D Vann and Kyle Hammond.

How do I buy Legacy Reserves LP stock?

Shares of Legacy Reserves LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Legacy Reserves LP stock cost?

One share of Legacy Reserves LP stock can currently be purchased for approximately $2.19.

Legacy Reserves LP (NASDAQ:LGCY) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Legacy Reserves LP (NASDAQ:LGCY)

Earnings History Chart

Earnings by Quarter for Legacy Reserves LP (NASDAQ:LGCY)

Dividend History Chart

Dividend Payments by Quarter for Legacy Reserves LP (NASDAQ:LGCY)

Last Updated on 2/23/2017 by MarketBeat.com Staff