NASDAQ:LGCY - Legacy Reserves Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$1.34 0.00 (0.00 %)
(As of 02/21/2019 09:35 AM ET)
Previous Close$1.34
Today's Range$1.34 - $1.34
52-Week Range$1.15 - $10.54
Volume9,677 shs
Average Volume848,362 shs
Market Capitalization$142.63 million
P/E Ratio-2.68
Dividend YieldN/A
Legacy Reserves Inc., an independent energy company, engages in the acquisition, development, and production of oil and natural gas properties in the United States. Its operations focus on the horizontal development of unconventional plays in the Permian Basin and the management of shallow-decline oil and natural gas wells in the Permian Basin, East Texas, Rocky Mountain, and Mid-Continent regions. The company holds interests in 51,500 gross acres; and operates 695 horizontal drilling locations, as well as has proved reserves of 180.0 MMBoe. Legacy Reserves Inc. was founded in 2005 and is based in Midland, Texas.

Receive LGCY News and Ratings via Email

Sign-up to receive the latest news and ratings for LGCY and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Current SymbolNASDAQ:LGCY



Sales & Book Value

Annual Sales$436.30 million
Cash Flow$1.6341 per share
Book Value($6.88) per share


Net Income$-53,890,000.00


Market Cap$142.63 million

Legacy Reserves (NASDAQ:LGCY) Frequently Asked Questions

What is Legacy Reserves' stock symbol?

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

How were Legacy Reserves' earnings last quarter?

Legacy Reserves Inc (NASDAQ:LGCY) issued its earnings results on Wednesday, October, 31st. The oil and gas producer reported ($0.46) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.69. The oil and gas producer earned $145.21 million during the quarter, compared to the consensus estimate of $143.40 million. View Legacy Reserves' Earnings History.

What is the consensus analysts' recommendation for Legacy Reserves?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Legacy Reserves in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Legacy Reserves.

Has Legacy Reserves been receiving favorable news coverage?

Press coverage about LGCY stock has been trending somewhat negative on Thursday, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Legacy Reserves earned a news impact score of -1.7 on InfoTrie's scale. They also assigned media coverage about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.

Are investors shorting Legacy Reserves?

Legacy Reserves saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 3,028,816 shares, an increase of 51.0% from the December 31st total of 2,006,441 shares. Based on an average daily trading volume, of 889,178 shares, the short-interest ratio is presently 3.4 days. Approximately 4.3% of the company's stock are sold short. View Legacy Reserves' Current Options Chain.

Who are some of Legacy Reserves' key competitors?

Who are Legacy Reserves' key executives?

Legacy Reserves' management team includes the folowing people:
  • Mr. Paul T. Horne, Chairman & CEO (Age 57)
  • Mr. James Daniel Westcott, Pres & CFO (Age 39)
  • Mr. Kyle M. Hammond, Exec. VP & COO (Age 58)
  • Mr. Micah C. Foster, Chief Accounting Officer & Controller of Legacy Reserves GP, LLC (Age 39)
  • Mr. Cory J. Elliott, Chief Information Officer

Who are Legacy Reserves' major shareholders?

Legacy Reserves' stock is owned by many different of retail and institutional investors. Top institutional investors include Pensionmark Financial Group LLC (1.50%), Hennessy Advisors Inc. (0.53%), Western Wealth Management LLC (0.21%), Bank of America Corp DE (0.19%), Geode Capital Management LLC (0.13%) and Two Sigma Investments LP (0.11%). Company insiders that own Legacy Reserves stock include Baines Creek Capital, Llc, Cary D Brown, Dan G Leroy, James Daniel Westcott, Kyle A Mcgraw, Kyle D Vann, Kyle Hammond, Micah C Foster and Paul T Horne. View Institutional Ownership Trends for Legacy Reserves.

Which major investors are selling Legacy Reserves stock?

LGCY stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Oppenheimer & Co. Inc. and Bank of America Corp DE. Company insiders that have sold Legacy Reserves company stock in the last year include Dan G Leroy, James Daniel Westcott, Kyle A Mcgraw, Kyle Hammond, Micah C Foster and Paul T Horne. View Insider Buying and Selling for Legacy Reserves.

Which major investors are buying Legacy Reserves stock?

LGCY stock was acquired by a variety of institutional investors in the last quarter, including Pensionmark Financial Group LLC, Western Wealth Management LLC, Two Sigma Investments LP, Geode Capital Management LLC, Millennium Management LLC, VisionPoint Advisory Group LLC, Virtu Financial LLC and Barclays PLC. Company insiders that have bought Legacy Reserves stock in the last two years include Baines Creek Capital, Llc and Kyle D Vann. View Insider Buying and Selling for Legacy Reserves.

How do I buy shares of Legacy Reserves?

Shares of LGCY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Legacy Reserves' stock price today?

One share of LGCY stock can currently be purchased for approximately $1.34.

How big of a company is Legacy Reserves?

Legacy Reserves has a market capitalization of $142.63 million and generates $436.30 million in revenue each year. The oil and gas producer earns $-53,890,000.00 in net income (profit) each year or ($0.50) on an earnings per share basis. Legacy Reserves employs 331 workers across the globe.

What is Legacy Reserves' official website?

The official website for Legacy Reserves is

How can I contact Legacy Reserves?

Legacy Reserves' mailing address is 303 W. Wall Street Suite 1800, MIDLAND TX, 79701. The oil and gas producer can be reached via phone at 432-689-5200.

MarketBeat Community Rating for Legacy Reserves (NASDAQ LGCY)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  263 (Vote Outperform)
Underperform Votes:  326 (Vote Underperform)
Total Votes:  589
MarketBeat's community ratings are surveys of what our community members think about Legacy Reserves and other stocks. Vote "Outperform" if you believe LGCY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LGCY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/21/2019 by Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.

Yahoo Gemini Pixel