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

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$7.05 +0.50 (+7.63 %)
(As of 06/25/2018 03:45 AM ET)
Previous Close$7.05
Today's Range$6.49 - $7.09
52-Week Range$1.07 - $10.54
Volume585,374 shs
Average Volume1.01 million shs
Market Capitalization$503.65 million
P/E RatioN/A
Dividend YieldN/A
Beta1.88
Legacy Reserves LP Unit logoLegacy Reserves LP acquires and develops oil and natural gas properties primarily in the Permian Basin, East Texas, Rocky Mountain, and Mid-Continent regions of the United States. As of December 31, 2017, the company owned interests in producing oil and natural gas properties in 606 fields comprising 10,492 gross productive wells, including 3,497 operated and 6,995 non-operated wells located in the Permian Basin, East Texas, Piceance Basin of Colorado, Texas Panhandle, Wyoming, North Dakota, Montana, Oklahoma, and other states. It had proved reserves of approximately 180.0 million barrels of crude oil equivalent. Legacy Reserves LP was founded in 2005 and is headquartered in Midland, Texas.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:LGCY
CUSIPN/A
Phone432-689-5200

Debt

Debt-to-Equity Ratio-3.01
Current Ratio0.79
Quick Ratio0.79

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$436.30 million
Price / Sales1.24
Cash Flow$1.7450 per share
Price / Cash4.04
Book Value($6.88) per share
Price / Book-1.02

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$-53,890,000.00
Net Margins-1.24%
Return on Equity-1.87%
Return on Assets0.60%

Miscellaneous

Employees331
Outstanding Shares76,890,000

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Legacy Reserves LP Unit (NASDAQ:LGCY) Frequently Asked Questions

What is Legacy Reserves LP Unit's stock symbol?

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

How were Legacy Reserves LP Unit's earnings last quarter?

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.

When is Legacy Reserves LP Unit's next earnings date?

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.

What price target have analysts set for LGCY?

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.

Are investors shorting 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.

Who are some of Legacy Reserves LP Unit's key competitors?

Who are Legacy Reserves LP Unit's key executives?

Legacy Reserves LP Unit's management team includes the folowing people:
  • Mr. Paul T. Horne, Chairman & CEO (Age 56)
  • Mr. James Daniel Westcott, Pres & CFO (Age 38)
  • Mr. Kyle M. Hammond, COO of Legacy Reserves GP LLC and Exec. VP of Legacy Reserves GP LLC (Age 57)
  • Mr. Dan G. LeRoy, VP, Gen. Counsel & Sec. of Legacy Reserves GP LLC (Age 56)
  • Mr. Kyle A. McGraw, Chief Devel. Officer, EVP & Director - Legacy Reserves GP LLC (Age 58)

Has Legacy Reserves LP Unit been receiving favorable news coverage?

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.

Who are Legacy Reserves LP Unit's major shareholders?

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.

Which major investors are selling Legacy Reserves LP Unit stock?

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.

Which major investors are buying Legacy Reserves LP Unit stock?

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.

How do I buy shares of 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.

What is Legacy Reserves LP Unit's stock price today?

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

How big of a company is Legacy Reserves LP Unit?

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.

How can I contact Legacy Reserves LP Unit?

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.


MarketBeat Community Rating for Legacy Reserves LP Unit (LGCY)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  219 (Vote Outperform)
Underperform Votes:  295 (Vote Underperform)
Total Votes:  514
MarketBeat's community ratings are surveys of what our community members think about Legacy Reserves LP Unit 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 6/25/2018 by MarketBeat.com Staff

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