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

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

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.

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.

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.

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.

Some companies that are related to Legacy Reserves include Kimbell Royalty Partners (KRP), Bonanza Creek Energy (BCEI), Earthstone Energy (ESTE), Chaparral Energy (CHAP), Eclipse Resources (ECR), TETRA Technologies (TTI), Pengrowth Energy (PGHEF), Isramco (ISRL), Advantage Oil & Gas (AAVVF), Halcon Resources (HK), SandRidge Energy (SD), Panhandle Oil and Gas (PHX), SilverBow Resources (SBOW), NOSTRUM OIL & G/ADR (NSTRY) and Primeenergy Resources (PNRG).

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.

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.

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.

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 $1.34.

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.

The official website for Legacy Reserves is http://www.legacylp.com.

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.