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Here Are the Top MLP Performers Last Week

Kurt Gallon
Here Are the Top MLP Performers Last Week

Legacy Reserves (LGCY), an upstream MLP involved in crude oil, natural gas, and NGLs (natural gas liquids) production, was the top MLP performer last week. LGCY had jumped 33.6% by the end of last week driven by strong gains in crude oil prices and strong first-quarter earnings. The partnership posted adjusted EBITDA of $70.7 million in 1Q18 compared to $40.2 million in 1Q17, representing a YoY increase of 76%.