NASDAQ:LGCY - Legacy Reserves LP Unit Stock Price, Price Target & More

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

Legacy Reserves LP Unit (NASDAQ:LGCY) issued its quarterly earnings data on Wednesday, May, 2nd. The oil and gas producer reported $0.78 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.14 by $0.64. The oil and gas producer earned $137.48 million during the quarter. Legacy Reserves LP Unit had a negative net margin of 1.24% and a negative return on equity of 1.87%. View Legacy Reserves LP Unit's Earnings History.

Legacy Reserves LP Unit is scheduled to release their next quarterly earnings announcement on Friday, August, 3rd 2018. View Earnings Estimates for Legacy Reserves LP Unit.

2 Wall Street analysts have issued 1-year price objectives for Legacy Reserves LP Unit's stock. Their predictions range from $1.00 to $1.00. On average, they anticipate Legacy Reserves LP Unit's share price to reach $1.00 in the next year. View Analyst Ratings for Legacy Reserves LP Unit.

Legacy Reserves LP Unit saw a increase in short interest in May. As of May 15th, there was short interest totalling 1,524,759 shares, an increase of 46.6% from the April 30th total of 1,040,163 shares. Based on an average trading volume of 831,412 shares, the short-interest ratio is currently 1.8 days. Currently, 3.0% of the shares of the stock are sold short. View Legacy Reserves LP Unit's Current Options Chain.

Some companies that are related to Legacy Reserves LP Unit include Gulfport Energy (GPOR), Denbury Resources (DNR), California Resources (CRC), Unit (UNT), HighPoint Resources (HPR), Penn Virginia (PVAC), GeoPark (GPRK), Genel Energy (GEGYY), W&T Offshore (WTI), Enbridge Energy Management (EEQ), Chaparral Energy (CHPE), Resolute Energy (REN), Stone Energy (SGY), Enterprise GP Holdings L.P. common stock (EPE) and Bonanza Creek Energy (BCEI).

News articles about LGCY stock have been trending somewhat positive on Monday, according to Accern Sentiment. The research group identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Legacy Reserves LP Unit earned a coverage optimism score of 0.13 on Accern's scale. They also assigned media headlines about the oil and gas producer an impact score of 46.42 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Legacy Reserves LP Unit's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include X Square Capital LLC (0.16%), Citigroup Inc. (0.10%) and UBS Group AG (0.04%). Company insiders that own Legacy Reserves LP Unit stock include Baines Creek Capital, Llc, Cary D Brown and Kyle D Vann. View Institutional Ownership Trends for Legacy Reserves LP Unit.

LGCY stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG. View Insider Buying and Selling for Legacy Reserves LP Unit.

LGCY stock was acquired by a variety of institutional investors in the last quarter, including X Square Capital LLC and Citigroup Inc.. Company insiders that have bought Legacy Reserves LP Unit stock in the last two years include Baines Creek Capital, Llc and Kyle D Vann. View Insider Buying and Selling for Legacy Reserves LP Unit.

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.

One share of LGCY stock can currently be purchased for approximately $7.05.

Legacy Reserves LP Unit has a market capitalization of $503.65 million and generates $436.30 million in revenue each year. Legacy Reserves LP Unit employs 331 workers across the globe.

Legacy Reserves LP Unit's 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.