Welcome! Do you have any opinion(s) regarding Legacy Reserves (LGCY)? It's a secondary holding for me, with LINN being primary in the energy sector. Thanks in advance for any thoughts.
My own perception is that LGCY is about 76% hedged and therefore more able to benefit from high spot oil prices such as we're currently experiencing. Of course, with more hedging than LINN, it's also higher beta and the downside risk seems greater.