LGCY - Legacy Reserves Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
0.1481
-0.0818 (-35.58%)
At close: 4:00PM EDT
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Previous Close0.2299
Open0.1700
Bid0.1481 x 3000
Ask0.1450 x 1100
Day's Range0.1400 - 0.1800
52 Week Range0.1400 - 7.4300
Volume6,074,414
Avg. Volume1,383,351
Market Cap17.004M
Beta (3Y Monthly)0.24
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-11-03
1y Target EstN/A
All
News
Press Releases
  • PR Newswire16 days ago

    Legacy Reserves Inc. Announces First Quarter 2019 Results

    MIDLAND, Texas , May 9, 2019 /PRNewswire/ -- Legacy Reserves Inc. ("Legacy") (NASDAQ:LGCY) today announced 2019 first quarter results including the following highlights: Generated quarterly oil ...

  • PR Newswire2 months ago

    Legacy Reserves Discloses That Director Nomination Notice From Baines Creek Is Invalid

    MIDLAND, Texas, April 9, 2019 /PRNewswire/ -- Legacy Reserves Inc. ("Legacy" or the "Company") (LGCY) today disclosed that Baines Creek Partners, L.P.'s ("Baines Creek") notice of director nominations for the Company's 2019 Annual Meeting is invalid for failure to comply with the requirements set forth in Legacy's bylaws. Legacy's bylaws were established for the protection of the Company and all of its stockholders.

  • PR Newswire2 months ago

    Legacy Reserves Unsecured Bond Holder, Aedes LLC, Retains Outside Counsel and Surveys Bond Class

    WILMINGTON, Del., March 26, 2019 /PRNewswire/ -- Aedes LLC, a Delaware limited liability company, announced today that it has retained outside counsel in relation to its investment in the unsecured bonds of Legacy Reserves (LGCY) ("Legacy").  On March 13, 2019, Legacy  issued a press release stating "Legacy Reserves Inc. Announces Review of Strategic Alternatives." The press release explained that Legacy has retained legal and financial advisors to explore its strategic alternatives and invited proposals from interested stakeholders as well as interested outside parties. As such proposals have a high probability of impacting the holders of Legacy's unsecured bonds, Aedes retained counsel with a high degree of expertise in restructuring matters to guide it during this period.  Aedes hopes for a transparent process that takes into account the legitimate interests of all holders of Legacy's unsecured bonds.  Other proposals in the E&P space have occasionally contained plan elements that prevent the full participation by all bond holders.  Such limitations can stem from preferential plan elements, exclusive financings or technical specifications of new instruments which limit participation.

  • PR Newswire2 months ago

    Legacy Reserves Inc. Announces Fourth Quarter and Annual 2018 Results; Proved Reserves; 2019 Capital Budget; Credit Agreement Update and Strategic Alternatives; Director Transition

    MIDLAND, Texas , March 18, 2019 /PRNewswire/ -- Legacy Reserves Inc. ("Legacy") (NASDAQ: LGCY) today announced the 2018 fourth quarter and year-end results. These results are subject to the completion ...

  • PR Newswire2 months ago

    Legacy Reserves Inc. Announces Review of Strategic Alternatives

    MIDLAND, Texas, March 13, 2019 /PRNewswire/ -- Legacy Reserves Inc. ("Legacy") (LGCY) today announced that it is evaluating and exploring potential strategic alternatives. Legacy continues to work with the administrative agent and the other lenders under its Revolving Credit Facility to extend the maturity of the Facility. Legacy has engaged Tudor Pickering & Holt L.P. and Perella Weinberg Partners L.P. as financial advisors, and Sidley Austin LLP as outside legal counsel.

  • PR Newswire3 months ago

    Legacy Reserves Inc. Announces New Chief Financial Officer

    Mr. Norris has over 15 years of experience in the energy industry. Prior to joining Legacy, Mr. Norris served as a Principal at The Catalyst Group, an Austin-based private equity fund, where he was responsible for sourcing and evaluating potential investment opportunities, structuring and negotiating transactions, leading due diligence and managing portfolio investments including several in the oil and gas industry. Previously, Mr. Norris served in various senior strategy and corporate development roles at Oil States International, Inc. and its spin-off, Civeo Corporation. He earned an MBA and a B.A. in economics from The University of Texas at Austin.

  • PR Newswire6 months ago

    Legacy Reserves Inc. Announces Participation at the Bank of America Merrill Lynch Leveraged Finance Conference

    MIDLAND, Texas , Nov. 28, 2018 /PRNewswire/ -- Legacy Reserves Inc. ("Legacy") (NASDAQ:LGCY) announced today that Dan Westcott , President and Chief Financial Officer, and Kyle Hammond , Executive ...

  • PR Newswire7 months ago

    Legacy Reserves Inc. Announces Third Quarter 2018 Results

    MIDLAND, Texas , Oct. 31, 2018 /PRNewswire/ -- Legacy Reserves Inc. ("Legacy") (NASDAQ:LGCY) today announced 2018 third quarter results including the following highlights: Completed our corporate ...

  • PR Newswire7 months ago

    Legacy Reserves Inc. Announces Changes to Senior Management

    MIDLAND, Texas , Oct. 31, 2018 /PRNewswire/ -- Legacy Reserves, Inc. ("Legacy" or the "Company") (NASDAQ:LGCY) today announced several changes to its senior management.  Paul T. Horne ...

  • PR Newswire7 months ago

    H2O Midstream Announces Long-Term Water Services Agreement With Legacy Reserves In The Permian Basin

    HOUSTON , Oct. 23, 2018 /PRNewswire/ -- H2O Midstream today announced the execution of a long-term water services agreement with a subsidiary of Legacy Reserves Inc. ("Legacy") (NASDAQ: LGCY).  ...

  • PR Newswire7 months ago

    Legacy Reserves Inc. Schedules Conference Call to Report 3rd Quarter 2018 Results

    MIDLAND, Texas , Oct. 17, 2018 /PRNewswire/ -- Legacy Reserves Inc. ("Legacy") (Nasdaq:LGCY) today announced it will provide details of its third quarter 2018 operating and financial performance ...

  • PR Newswire8 months ago

    Legacy Reserves Inc. Announces Board Resignation and Appointment

    MIDLAND, Texas, Oct. 8, 2018 /PRNewswire/ -- Legacy Reserves Inc. ("Legacy") (LGCY) announced today that Dwight Scott, Senior Managing Director of The Blackstone Group L.P. and President of GSO Capital Partners LP ("GSO"), has resigned from Legacy's Board of Directors effective immediately, and, in conjunction, GSO has relinquished its Board nomination right. The Company also announced that Doug York has been appointed to Legacy's Board. Paul T. Horne, the Chairman of the Board and Chief Executive Officer of Legacy, commented, "We thank Dwight for his keen insight and thoughtful approach on our Board and look forward to his continued support of the company. GSO has been a committed investor and, through their capital investment and idea generation, has assisted us in our transition out of the MLP and into the C-Corp sector.

  • PR Newswire8 months ago

    Legacy Reserves Inc. and Legacy Reserves LP Announce Completion of Corporate Reorganization

    MIDLAND, Texas, Sept. 20, 2018 /PRNewswire/ -- Legacy Reserves Inc. ("Legacy") and Legacy Reserves LP (the "Partnership") (LGCY) announced today the completion of the previously announced corporate reorganization of the Partnership, pursuant to which the unitholders and holders of preferred units of the Partnership became stockholders of Legacy, which will be a publicly-traded corporation (the "Transaction"). At the Partnership's special meeting held on September 19, 2018, unitholders approved the merger agreement with approximately 99% of the votes cast.

  • PR Newswire8 months ago

    Legacy Reserves LP Announces Exchange of $130 Million of Senior Notes for New Convertible Senior Notes

    MIDLAND, Texas , Sept. 14, 2018 /PRNewswire/ -- Legacy Reserves LP ("Legacy") (NASDAQ:LGCY) today announces that Legacy, Legacy Reserves Finance Corporation (together with Legacy, the "Issuers") ...

  • PR Newswire8 months ago

    Alerian Index Series September 2018 Index Review

    DALLAS , Sept. 14, 2018 /PRNewswire/ -- Alerian announced the results of the September quarterly review for the Alerian Index Series. All changes will be implemented as of the close of business on Friday, ...

  • PR Newswire8 months ago

    Legacy Reserves LP Announces Final Court Approval of Delaware Merger Litigation Settlement

    MIDLAND, Texas, Sept. 12, 2018 /PRNewswire/ -- Legacy Reserves LP ("Legacy") (LGCY) today announced that the Delaware Chancery Court (the "Court") has granted final approval of the previously-announced merger litigation settlement agreement.  Under the agreement, holders of outstanding 8% Series A Preferred Units and 8% Series B Preferred Units will receive in the Transaction (as defined below) approximately 10,730,000 shares of common stock in Legacy Reserves Inc. ("New Legacy") in addition to the approximately 16,913,592 shares those holders would collectively have received pursuant to the exchange ratios that were included in the merger agreement initially entered into in connection with the Transaction.

  • PR Newswire9 months ago

    Legacy Reserves LP Announces Participation at the EnerCom Oil & Gas Conference

    Legacy Reserves LP is a master limited partnership headquartered in Midland, Texas, focused on the development of oil and natural gas properties primarily located in the Permian Basin, East Texas, Rocky Mountain and Mid-Continent regions of the United States.  Additional information is available at www.LegacyLP.com. This press release relates to the proposed corporate reorganization between Legacy and Legacy Reserves Inc. ("New Legacy") (the "Transaction").

  • ACCESSWIRE10 months ago

    Legacy Reserves LP to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 2, 2018 / Legacy Reserves LP (NASDAQ: LGCY ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 2, 2018 at 10:00 AM Eastern Time. ...

  • PR Newswire10 months ago

    Legacy Reserves LP Announces Second Quarter 2018 Results

    MIDLAND, Texas , Aug. 1, 2018 /PRNewswire/ -- Legacy Reserves LP ("Legacy") (NASDAQ:LGCY) today announced second quarter results for 2018 including the following highlights: Generated record ...

  • PR Newswire10 months ago

    90 Public and Private Oil and Gas Company Leaders and Experts to Speak at the 23rd Annual EnerCom - The Oil & Gas Conference®

    Roster of private company presenters and panels adds extra flavor to popular Denver-based annual oil and gas investment conference DENVER , Aug. 1, 2018 /PRNewswire/ -- Regardless of whether your area ...

  • PR Newswire10 months ago

    Legacy Reserves LP Schedules Conference Call to Report 2nd Quarter 2018 Results

    MIDLAND, Texas, July 18, 2018 /PRNewswire/ -- Legacy Reserves LP ("Legacy") (LGCY) today announced it will provide details of its second quarter 2018 operating and financial performance with its earnings report which is scheduled to be released on Wednesday, August 1, 2018, following the close of NASDAQ trading.  A teleconference and webcast will be held on Thursday, August 2, 2018, beginning at 9:00 a.m. Central Time. Legacy Reserves LP is a master limited partnership headquartered in Midland, Texas, focused on the development of oil and natural gas properties primarily located in the Permian Basin, East Texas, Rocky Mountain and Mid-Continent regions of the United States. This press release relates to the proposed corporate reorganization between Legacy and Legacy Reserves Inc. ("New Legacy") (the "Transaction").

  • PR Newswire10 months ago

    $251 Billion in Public Oil & Gas Companies Will Be in Denver for the 23rd Annual EnerCom Conference

    The Oil & Gas Conference® 2018 presenting companies: - 40 North American shale E&Ps -  7 international E&Ps -  10 other producers -  9 oilfield service providers -  9 private E&Ps, midstream and data providers ...

  • PR Newswire10 months ago

    Legacy Reserves LP Provides Corporate Reorganization Update

    MIDLAND, Texas, July 12, 2018 /PRNewswire/ -- Legacy Reserves LP ("Legacy") (LGCY) today announced that on July 6, 2018, it entered into a Stipulation and Agreement of Settlement (the "Settlement Agreement") to settle the previously disclosed putative class action lawsuits in the Delaware Chancery Court (the "Court") captioned In re Legacy Reserves LP Preferred Unitholder Litigation, C.A. No. 2018-0225-VCL by granting holders of the 8% Series A Preferred Units and 8% Series B Preferred Units approximately 27.6 million shares of common stock of Legacy Reserves Inc. ("New Legacy"). The Court has entered a scheduling order, which sets September 12, 2018 as the date for the fairness hearing, at which the parties will request final approval of the Settlement Agreement. Legacy anticipates soon filing with the Securities and Exchange Commission (the "SEC") an amendment to the registration statement on Form S-4, which includes a proxy statement of Legacy and a preliminary prospectus of New Legacy.

  • PR Newswire11 months ago

    Legacy Reserves LP Signs Memorandum of Understanding Regarding Settlement of Delaware Merger Litigation

    MIDLAND, Texas, June 25, 2018 /PRNewswire/ -- Legacy Reserves LP ("Legacy") (LGCY) today announced that it has entered into a memorandum of understanding to settle the previously disclosed putative class action lawsuits in the Delaware Chancery Court captioned Doppelt v. Legacy Reserves LP, and Legacy Reserves GP, LLC, and Legacy Reserves Inc., Case No. 2018-0225 and Chammah Ventures, LLC v. Legacy Reserves LP, et al., C.A. No. 2018-0242-VCL, consolidated as In re Legacy Reserves LP Preferred Unitholder Litig., C.A. No. 2018-0225-VCL (the "Consolidated Class Action"). The settlement envisioned by the memorandum of understanding will also effectively resolve all claims in other previously disclosed lawsuits filed by purported holders of Legacy's preferred units (together with the Consolidated Class Action, the "Actions").

  • PR Newswire11 months ago

    EnerCom Announces Presenting Companies for The Oil & Gas Conference® 23

    The 2018 EnerCom oil & gas investment conference will feature U.S. and Canadian shale developers, Gulf of Mexico, European and Latin American producers, oilfield service companies and expert panels for ...