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Legacy Reserves Is Eighth among MLPs for Q2 EBITDA Growth

Kurt Gallon
Legacy Reserves Is Eighth among MLPs for Q2 EBITDA Growth

Legacy Reserves (LGCY), an upstream MLP, is eighth among MLPs in terms of EBITDA growth. Wall Street analysts expect the partnership to post 61.6% YoY (year-over-year) EBITDA growth in the second quarter of 2018. Its strong YoY EBITDA growth is expected to be driven by higher production and higher average realized sales prices due to gains in the price of crude oil.