Legacy Reserves LP Company Profile (NASDAQ:LGCY)

About Legacy Reserves LP

Legacy 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: $1.35
50 Day Moving Average: $1.54
200 Day Moving Average: $1.79
52-Week Range: $0.61 - $6.12
Trailing P/E Ratio: N/A
Foreward P/E Ratio: -1.90
P/E Growth: 0.57
Market Cap: $97.75M
Outstanding Shares: 72,411,000
Beta: 1.93

Additional Links:

Companies Related to Legacy Reserves LP:

Consensus Ratings for Legacy Reserves LP (NASDAQ:LGCY) (?)

Ratings Breakdown:	3 Sell Ratings, 5 Hold Ratings
Consensus Rating:	Hold (Score: 1.63)
Consensus Price Target:	$4.75 (251.85% upside)

Analysts' Ratings History for Legacy Reserves LP (NASDAQ:LGCY)

Show:

Date	Firm	Action	Rating	Price Target
9/19/2016	Stifel Nicolaus	Downgrade	Hold -> Sell
8/8/2016	FBR & Co	Reiterated Rating	Hold	$1.75
3/28/2016	Robert W. Baird	Lower Price Target	Outperform -> Neutral	$25.00 -> $9.00
2/18/2016	Wells Fargo & Co.	Downgrade	Market Perform -> Underperform
2/12/2016	Ladenburg Thalmann	Downgrade	Buy -> Neutral
12/18/2015	Barclays PLC	Reiterated Rating	Hold
10/21/2015	Bank of America Corp.	Downgrade	Neutral -> Underperform	$12.00 -> $4.00
10/14/2015	Wunderlich	Downgrade	Buy -> Hold	$13.00 -> $6.00
9/14/2015	Citigroup Inc.	Lower Price Target	Neutral	$9.50 -> $4.00
8/13/2015	JPMorgan Chase & Co.	Boost Price Target		$9.00 -> $12.00
8/12/2015	Oppenheimer Holdings Inc.	Downgrade	Market Perform -> Underperform
8/7/2015	Royal Bank Of Canada	Reiterated Rating	Sector Perform	$13.00 -> $11.00
5/8/2015	MLV & Co.	Set Price Target	Buy	$14.00
1/22/2015	Raymond James Financial Inc.	Downgrade	Outperform -> Market Perform	$20.00

(Data available from 9/30/2014 forward)

Earnings History for Legacy Reserves LP (NASDAQ:LGCY)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/2/2016
8/3/2016	Q2	($0.33)	($0.81)	$78.32 million	$73.40 million	View	N/A
5/4/2016	Q1	($0.67)	$1.47	$83.91 million	$65.90 million	View	N/A
2/24/2016	Q4	($0.34)	($5.06)	$102.06 million	$79.90 million	View	Listen
11/5/2015	Q315	($0.22)	($1.38)	$102.02 million	$89.50 million	View	Listen
8/5/2015	Q215	($0.11)	($0.63)	$104.61 million	$87.80 million	View	Listen
5/7/2015	Q115	($0.29)	($3.39)	$102.50 million	$81.54 million	View	Listen
2/25/2015	Q414	$0.12	($4.94)	$140.44 million	$119.60 million	View	Listen
10/30/2014	Q314	$0.18	$1.02	$156.40 million	$149.68 million	View	Listen
7/30/2014	Q214	$0.32	($0.33)	$128.87 million	$137.10 million	View	N/A
5/6/2014	Q114	$0.26	$0.01	$122.01 million	$125.90 million	View	N/A
2/19/2014	Q413	$0.32	($0.82)	$126.03 million	$122.00 million	View	N/A
11/4/2013	Q313	$0.34	($0.06)	$125.87 million	$136.18 million	View	N/A
8/5/2013	Q2 2013	$0.30	$0.38	$116.83 million	$118.40 million	View	N/A
5/6/2013	Q1 2013	$0.30	($0.12)	$111.57 million	$108.90 million	View	N/A
2/25/2013	Q4 2012	$0.37	$0.04	$89.98 million	$90.50 million	View	N/A
8/1/2012		$0.47	$1.73			View	N/A
5/2/2012		$0.44	$0.15			View	N/A
2/21/2012		$0.51	($1.28)			View	N/A
11/2/2011		$0.52	$2.87			View	N/A
8/3/2011		$0.46	$1.51			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Legacy Reserves LP (NASDAQ:LGCY)

Current Year EPS Consensus Estimate: $0.15 EPS
Next Year EPS Consensus Estimate: $-0.71 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	1	($0.38)	($0.38)	($0.38)
Q2 2016	1	($0.26)	($0.26)	($0.26)
Q3 2016	1	($0.29)	($0.29)	($0.29)
Q4 2016	1	($0.27)	($0.27)	($0.27)
Q1 2017	1	($0.19)	($0.19)	($0.19)
Q2 2017	1	($0.20)	($0.20)	($0.20)
Q3 2017	1	($0.20)	($0.20)	($0.20)
Q4 2017	1	($0.19)	($0.19)	($0.19)

(Data provided by Zacks Investment Research)

Dividend History for Legacy Reserves LP (NASDAQ:LGCY)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
10/27/2015	quarterly	$0.15	17%	11/3/2015	11/5/2015	11/13/2015
7/22/2015	quarterly	$0.35	16.99%	1/1/2015	7/31/2015	8/14/2015
4/21/2015	quarterly	$0.35	10.19%	4/29/2015	5/1/2015	5/15/2015
1/23/2015	quarterly	$0.61	24.55%	1/29/2015	2/2/2015	2/13/2015
10/20/2014	quarterly	$0.61	10.71%	10/29/2014	10/31/2014	11/14/2014
7/22/2014	quarterly	$0.61	7.55%	7/30/2014	8/1/2014	8/14/2014
4/22/2014	quarterly	$0.60	9.21%	4/30/2014	5/2/2014	5/15/2014
1/24/2014	quarterly	$0.59	8.71%	1/30/2014	2/3/2014	2/14/2014
1/24/2014		$0.59		1/30/2014	2/3/2014	2/14/2014
10/22/2013	quarterly	$0.59	7.98%	10/30/2013	11/1/2013	11/14/2013
7/22/2013	quarterly	$0.58	8.29%	7/30/2013	8/1/2013	8/14/2013
4/22/2013	quarterly	$0.58	8.33%	4/30/2013	5/2/2013	5/15/2013
1/22/2013	quarterly	$0.57	9.03%	1/30/2013	2/1/2013	2/14/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Legacy Reserves LP (NASDAQ:LGCY)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
10/1/2015	Kyle D Vann	Director	Buy	25,000	$4.17	$104,250.00
8/18/2015	Kyle Hammond	COO	Buy	34,255	$5.83	$199,706.65
12/19/2014	Kyle D Vann	Director	Buy	5,330	$18.56	$98,924.80
12/9/2014	Cary D Brown	CEO	Buy	19,931	$16.40	$326,868.40
6/17/2014	Dale A Brown	Director	Buy	200,000	$25.00	$5,000,000.00

(Data available from 1/1/2013 forward)

Latest Headlines for Legacy Reserves LP (NASDAQ:LGCY)

Date	Headline
	Legacy Reserves LP (LGCY) - Citigroup Maintains Rating And Raises Price Target - Finance Daily (NASDAQ:LGCY) www.fidaily.com - September 30 at 11:05 AM
	Shares Gapping Higher Before the Bell: Legacy Reserves LP (NASDAQ:LGCY) - Post News (NASDAQ:LGCY) www.kentuckypostnews.com - September 29 at 5:53 PM
	Interested Penny Stock Investors Keen on Shares of Legacy Reserves LP (NASDAQ:LGCY) - Duncan Research (NASDAQ:LGCY) www.duncanindependent.com - September 28 at 5:42 PM
	Penny Stock Investors are Growing Curious About Legacy Reserves LP (NASDAQ:LGCY) - Duncan Research (NASDAQ:LGCY) www.duncanindependent.com - September 28 at 10:49 AM
	Broker Changes For Legacy Reserves LP (NASDAQ:LGCY) - NewsDen (NASDAQ:LGCY) newsden.net - September 28 at 10:49 AM
	Wunderlich Lowers Legacy Reserves to Hold (LGCY) - Petro Global News 24 (NASDAQ:LGCY) petroglobalnews24.com - September 22 at 5:42 PM
	Under the Microscope, Zeroing in at Legacy Reserves LP (NASDAQ:LGCY) - Duncan Research (NASDAQ:LGCY) www.duncanindependent.com - September 22 at 5:42 PM
	Legacy Reserves LP (LGCY) Downgraded by Stifel Nicolaus to Sell (NASDAQ:LGCY) magseriesusa.net - September 21 at 10:02 AM
	Analysts Take the Wheel on Legacy Reserves LP (NASDAQ:LGCY) Shares and Where They Might Be Headed - Frisco Fastball (NASDAQ:LGCY) friscofastball.com - September 19 at 5:55 PM
	Under the Microscope: Getting a Closer Look at Shares of Legacy Reserves LP (NASDAQ:LGCY) - Duncan Research (NASDAQ:LGCY) www.duncanindependent.com - September 19 at 5:55 PM
	Legacy Reserves downgraded by Stifel (NASDAQ:LGCY) finance.yahoo.com - September 19 at 10:28 AM
	What is the Sell-side Saying About Legacy Reserves LP (NASDAQ:LGCY)? - Frisco Fastball (NASDAQ:LGCY) friscofastball.com - September 17 at 5:37 PM
	Stock Perspective: Legacy Reserves LP (NASDAQ:LGCY) Earnings in View - Frisco Fastball (NASDAQ:LGCY) friscofastball.com - September 17 at 5:37 PM
	Looking Ahead for Legacy Reserves LP (NASDAQ:LGCY); Are These Shares Ready to Go Higher? - Frisco Fastball (NASDAQ:LGCY) friscofastball.com - September 17 at 5:37 PM
	Can Legacy Reserves LP (NASDAQ:LGCY) Hit High Of $2.5? - Stocks Daily (NASDAQ:LGCY) www.stocksdaily.net - September 17 at 5:37 PM
	Analysts Place Legacy Reserves LP (NASDAQ:LGCY) Under the Lens of the Microscope - Post News (NASDAQ:LGCY) www.kentuckypostnews.com - September 15 at 3:53 PM
	Stock Update, a Closer Look at Legacy Reserves LP (NASDAQ:LGCY) - Duncan Research (NASDAQ:LGCY) www.duncanindependent.com - September 15 at 3:53 PM
	Consensus Estimates on Earnings & Stock Price in Focus for Legacy Reserves LP (NASDAQ:LGCY) Shares - Frisco Fastball (NASDAQ:LGCY) friscofastball.com - September 15 at 9:17 AM
	Keen Investors Narrowing Their Focus on Legacy Reserves LP (NASDAQ:LGCY) - Duncan Research (NASDAQ:LGCY) www.duncanindependent.com - September 15 at 9:17 AM
	Penny Stock Investors Highly Curious in Shares of Legacy Reserves LP (NASDAQ:LGCY) - Duncan Research (NASDAQ:LGCY) www.duncanindependent.com - September 14 at 10:08 AM
	Shares Higher in Today's Session: Legacy Reserves LP (NASDAQ:LGCY) - Post News (NASDAQ:LGCY) www.kentuckypostnews.com - September 9 at 5:42 PM
	Analysts Valuations For Two Stocks: Emerge Energy Services LP (NYSE:EMES), Legacy Reserves LP (NASDAQ:LGCY) - The Voice Registrar (NASDAQ:LGCY) voiceregistrar.com - September 9 at 5:42 PM
	Can Legacy Reserves LP (NASDAQ:LGCY) Surprise Analysts This ... - Investor Newswire (NASDAQ:LGCY) www.investornewswire.com - August 26 at 5:46 PM
	Small Cap Insight on Shares of Legacy Reserves LP (NASDAQ:LGCY) - Duncan Research (NASDAQ:LGCY) www.duncanindependent.com - August 21 at 5:24 PM
	Legacy Reserves LP (NASDAQ:LGCY) Stock Update: Analysts & Crowd Update - Post News (NASDAQ:LGCY) www.kentuckypostnews.com - August 20 at 10:04 AM
	A Closer Look at Legacy Reserves LP (NASDAQ:LGCY) - Duncan Research (NASDAQ:LGCY) www.duncanindependent.com - August 16 at 6:04 PM
	Small Cap Update on: Legacy Reserves LP (NASDAQ:LGCY) - Duncan Research (NASDAQ:LGCY) www.duncanindependent.com - August 16 at 9:13 AM
	Will Legacy Reserves LP (NASDAQ:LGCY) Surprise Analysts This Quarter? - Stocks Daily (NASDAQ:LGCY) www.stocksdaily.net - August 15 at 8:05 AM
	Legacy Reserves LP :LGCY-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NASDAQ:LGCY) www.capitalcube.com - August 12 at 6:02 PM
	LEGACY RESERVES LP Financials (NASDAQ:LGCY) finance.yahoo.com - August 10 at 6:18 PM
	Legacy Reserves' (LGCY) CEO Paul Horne on Q2 2016 Results - Earnings Call Transcript (NASDAQ:LGCY) seekingalpha.com - August 6 at 6:05 PM
	Legacy Reserves' (LGCY) CEO Paul Horne on Q2 2016 Results - Earnings Call Transcript - Seeking Alpha (NASDAQ:LGCY) seekingalpha.com - August 6 at 8:47 AM
	Edited Transcript of LGCY earnings conference call or presentation 4-Aug-16 2:00pm GMT (NASDAQ:LGCY) finance.yahoo.com - August 5 at 8:56 AM
	Legacy Reserves LP (NASDAQ:LGCY) Updated Price Targets ... - FTSE News (NASDAQ:LGCY) www.ftsenews.co.uk - August 4 at 9:01 AM
	Analyst Rating Update on Legacy Reserves LP (LGCY) – Trade Calls - Trade Calls (NASDAQ:LGCY) www.tradecalls.org - August 4 at 9:01 AM
	LEGACY RESERVES LP Files SEC form 10-Q, Quarterly Report (NASDAQ:LGCY) biz.yahoo.com - August 3 at 6:16 PM
	Legacy Reserves LP Announces Second Quarter 2016 Results and Provides Operational and Financial Update (NASDAQ:LGCY) www.publicnow.com - August 3 at 6:16 PM
	LEGACY RESERVES LP Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:LGCY) biz.yahoo.com - August 3 at 6:16 PM
	Q2 2016 Legacy Reserves LP Earnings Release - After Market Close (NASDAQ:LGCY) biz.yahoo.com - August 3 at 9:11 AM
	Will Cimarex (XEC) Beat Estimates this Earnings Season? (NASDAQ:LGCY) finance.yahoo.com - August 1 at 5:47 PM
	Can Legacy Reserves LP (NASDAQ:LGCY) Meet Analysts Expectations? - Stocks Daily (NASDAQ:LGCY) www.stocksdaily.net - July 28 at 6:07 PM
	McDermott (MDR) Q2 Earnings Beat, Revenues Miss; Down Y/Y (NASDAQ:LGCY) finance.yahoo.com - July 27 at 10:36 AM
	Can Shares Of Legacy Reserves LP (NASDAQ:LGCY) Hit $2.5? - Investor Newswire (NASDAQ:LGCY) www.investornewswire.com - July 27 at 8:50 AM
	Can EQT Corp (EQT) Pull a Surprise this Earnings Season? (NASDAQ:LGCY) finance.yahoo.com - July 25 at 9:38 AM
	Legacy Reserves LP (NASDAQ:LGCY) Updated Price Targets - FTSE News (NASDAQ:LGCY) www.ftsenews.co.uk - July 22 at 8:54 AM
	Legacy Reserves LP Rep Limited Partn (NASDAQ:LGCY) Short Interest Decreased By 16.68% - Consumer Eagle (NASDAQ:LGCY) www.consumereagle.com - July 22 at 8:54 AM
	Increased Stock Volatility Watch: Legacy Reserves LP (NASDAQ:LGCY) - Engelwood Daily (NASDAQ:LGCY) www.engelwooddaily.com - July 20 at 4:04 PM
	What Investors Should Expect From Legacy Reserves - Seeking Alpha (NASDAQ:LGCY) seekingalpha.com - July 20 at 4:04 PM
	Is $2.5 Price Target Attainable For Legacy Reserves LP (NASDAQ:LGCY)? - Investor Newswire (NASDAQ:LGCY) www.investornewswire.com - July 20 at 8:55 AM
	Legacy Reserves LP (NASDAQ:LGCY): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NASDAQ:LGCY) www.engelwooddaily.com - July 20 at 8:55 AM