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

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$1.69 -0.29 (-14.65 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$1.98
Today's Range$1.56 - $1.92
52-Week Range$1.15 - $10.54
Volume1.51 million shs
Average Volume945,457 shs
Market Capitalization$238.43 million
P/E Ratio-3.40
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.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Current SymbolNASDAQ:LGCY


Current Ratio0.17
Quick Ratio0.17


Sales & Book Value

Annual Sales$436.30 million
Price / Sales0.41
Cash Flow$1.2246 per share
Price / Cash Flow1.38
Book Value($6.88) per share
Price / Book-0.25


Net Income$-53,890,000.00
Net Margins-10.64%
Return on Assets-0.01%


Market Cap$238.43 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) released its quarterly earnings results on Wednesday, October, 31st. The oil and gas producer reported ($0.46) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by $0.69. The oil and gas producer had revenue of $145.21 million for the quarter, compared to analyst estimates of $143.40 million. View Legacy Reserves' Earnings History.

When is Legacy Reserves' next earnings date?

Legacy Reserves is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Legacy Reserves.

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?

News articles about LGCY stock have been trending somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. 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 coverage optimism score of -1.2 on InfoTrie's scale. They also assigned news headlines about the oil and gas producer a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near future.

Are investors shorting Legacy Reserves?

Legacy Reserves saw a increase in short interest during the month of December. As of December 14th, there was short interest totalling 2,163,297 shares, an increase of 28.8% from the November 30th total of 1,679,320 shares. Based on an average trading volume of 1,009,493 shares, the days-to-cover ratio is presently 2.1 days. Approximately 3.0% of the company's shares are short sold. 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 56)
  • Mr. James Daniel Westcott, Pres & CFO (Age 38)
  • Mr. Kyle M. Hammond, Exec. VP & COO (Age 57)
  • Mr. Dan G. LeRoy, VP, Gen. Counsel & Sec. (Age 56)
  • Mr. Kyle A. McGraw, Exec. VP & Chief Devel. Officer (Age 58)

Who are Legacy Reserves' major shareholders?

Legacy Reserves' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.53%) and Virtu Financial LLC (0.04%). 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.. 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 Virtu Financial LLC. 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 $1.69.

How big of a company is Legacy Reserves?

Legacy Reserves has a market capitalization of $238.43 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:  256 (Vote Outperform)
Underperform Votes:  322 (Vote Underperform)
Total Votes:  578
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 1/16/2019 by Staff

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