LGCY - Legacy Reserves LP

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
6.72
+0.19 (+2.91%)
At close: 4:00PM EDT
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Previous Close6.53
Open6.55
Bid6.61 x 1300
Ask6.86 x 1000
Day's Range6.34 - 6.73
52 Week Range1.07 - 10.54
Volume350,615
Avg. Volume949,606
Market Cap516.726M
Beta2.24
PE Ratio (TTM)N/A
EPS (TTM)-0.34
Earnings DateJul 31, 2018 - Aug 6, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-11-03
1y Target Est8.00
Trade prices are not sourced from all markets
  • PR Newswire8 days ago

    Legacy Reserves LP Announces Participation at the 2018 J.P. Morgan Energy Conference

    MIDLAND, Texas , June 12, 2018 /PRNewswire/ -- Legacy Reserves LP ("Legacy") (NASDAQ: LGCY) announced today that Dan Westcott , President and Chief Financial Officer, and Kyle Hammond , Executive ...

  • Top MLP Gainers in the Week Ending June 8
    Market Realist8 days ago

    Top MLP Gainers in the Week Ending June 8

    Legacy Reserves (LGCY), an upstream MLP involved in crude oil, natural gas, and NGLs (natural gas liquids) production, was the top MLP gainer in the week ending June 8. Legacy Reserves rallied 8.5% last week despite minor weakness in crude oil and natural gas prices. Overall, Legacy Reserves has gained 280.7% YTD (year-to-date). Legacy Reserves has fallen significantly from its YTD highs. The stock might continue to see high volatility in the near term due to fluctuations in crude oil prices.

  • Legacy Reserves’ Correlation with Crude Oil Increased
    Market Realist12 days ago

    Legacy Reserves’ Correlation with Crude Oil Increased

    Legacy Reserves (LGCY), an upstream MLP involved in crude, natural gas, and NGLs (natural gas liquids) production, has a one-year correlation of 0.34 with crude oil as of June 6. The correlation coefficient between Legacy Reserves and crude oil has increased to 0.43 and 0.44 during the last three-month and one-month period.

  • ACCESSWIRE12 days ago

    Free Pre-Market Technical Pulse on Marathon Oil and Three More Independent Oil & Gas Stocks

    In today's pre-market research, WallStEquities.com renavigates the Independent Oil and Gas space, which is exclusively engaged in the exploration and production segment of the industry with no downstream marketing or refining within their operations. Lined up for monitoring this morning are these four equities: Gulfport Energy Corp. (NASDAQ: GPOR), Laredo Petroleum Inc. (NYSE: LPI), Legacy Reserves L.P. (NASDAQ: LGCY), and Marathon Oil Corp. (NYSE: MRO).

  • Investopedia20 days ago

    Penny Stocks to Watch for June 2018

    Positive seasonality for small caps and penny stocks has ended. Legacy Reserves LP ( LGCY) soared nearly 84% in the first two weeks of the month, posting a 3-year high, while solar manufacturer Enphase Energy, Inc. ( ENPH) broke out of a 2-month basing pattern and gained 40%. Enphase Energy, Inc. ( ENPH) posted an-all time high at $17.97 in September 2014 and broke down in May 2015, entering a brutal decline that ended at an all-time low at 65-cents in the second quarter of 2017.

  • PR Newswire21 days ago

    Legacy Reserves LP Announces Participation at the 2018 RBC Capital Markets Global Energy and Power Executive Conference

    MIDLAND, Texas , May 30, 2018 /PRNewswire/ -- Legacy Reserves LP ("Legacy") (NASDAQ: LGCY) announced today that Paul Horne , Chairman and Chief Executive Officer, and Dan Westcott , President ...

  • Why Legacy Reserves LP Is Rocketing Today
    Motley Fool21 days ago

    Why Legacy Reserves LP Is Rocketing Today

    One of the oil and gas company's largest investors apparently really likes what it sees ahead.

  • Why Legacy Reserves LP Stock Dropped 16% Today
    Motley Fool29 days ago

    Why Legacy Reserves LP Stock Dropped 16% Today

    Without any clear reason why, today's drop is likely a product of "profit-taking" after a 60% surge over the past month.

  • MLP Rating Updates for the Week Ending May 18
    Market Realist29 days ago

    MLP Rating Updates for the Week Ending May 18

    Legacy Reserves (LGCY), an upstream MLP involved in crude oil, natural gas, and NGLs (natural gas liquids) production, was upgraded by UBS in the week ending May 18. UBS upgraded Legacy Reserves to “neutral,” which is equivalent to a “hold” from “sell.” UBS increased Legacy Reserves’ target price to $8 from $1.5. Currently, only one analyst has coverage on Legacy Reserves. The partnership is trading above its target price.

  • These Stocks Have Quadrupled in Just 1 Year
    Motley Foollast month

    These Stocks Have Quadrupled in Just 1 Year

    Find out how these companies have defied a choppy market.

  • Analysts’ Recommendations for LGCY, CXO, CRR, and FTK
    Market Realistlast month

    Analysts’ Recommendations for LGCY, CXO, CRR, and FTK

    To conclude our overview of the biggest movers in the upstream and oilfield services sector, we’ll discuss Wall Street analysts’ recommendations for the companies with the leading gains and losses this week.

  • Are Hedge Funds Selling LGCY, CXO, CRR, and FTK?
    Market Realistlast month

    Are Hedge Funds Selling LGCY, CXO, CRR, and FTK?

    In the first quarter, nine hedge funds were “buyers” of Legacy Reserves LP (LGCY) stock, while 12 hedge funds were “sellers.” In the first quarter, the total selling hedge funds outnumbered the total buying hedge funds by three. As of March 31, three hedge funds, which filed form 13F, held Legacy Reserves in their portfolio. None of the hedge funds have Legacy Reserves in their top ten holdings.

  • Upstream Gainers This Week: Legacy Reserves Leads
    Market Realistlast month

    Upstream Gainers This Week: Legacy Reserves Leads

    In this part, we’ll discuss the top percentage gainers from the upstream sector in the US for the week starting on May 14. In the week starting on May 14, Legacy Reserves LP (LGCY) increased from last week’s close of $7.99 to $9.65 on May 16—an increase of ~21%. The company increased ~11% on Wednesday—more than the 30-day average volume. In the first quarter, Legacy Reserves reported revenues of ~$ 137 million—worse than analysts’ consensus of ~$143 million.

  • ACCESSWIRElast month

    Free Pre-Market Technical Recap on Laredo Petroleum and Three Additional Independent Oil & Gas Stocks

    Stock Research Monitor: EOG, EPE, and LGCY LONDON, UK / ACCESSWIRE / May 15, 2018/ If you want a free Stock Review on LPI sign up now at www.wallstequities.com/registration . This morning, WallStEquities.com ...

  • LGCY Is Up ~400% in 2018: Can It Continue to Rise?
    Market Realistlast month

    LGCY Is Up ~400% in 2018: Can It Continue to Rise?

    The upstream MLP, which was close to bankruptcy during 2016, has recovered significantly in recent quarters driven by debt restructuring and strong earnings growth resulting from production growth and gains in crude oil (USO) prices. At the same time, the Energy Select Sector SPDR ETF (XLE) and the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) are up 6.2% and 11.0% YTD, respectively. The widening of the spread between WTI Midland and WTI cash and a decline in crude oil prices from here could limit the partnership’s earnings growth target for the rest of 2018, which could further weigh on LGCY’s stock performance.

  • MarketWatchlast month

    Four momentum stocks to watch amid earnings reports

    In focus: Arrowhead Pharmaceuticals, Endocyte, Legacy Reserves and Impinj.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of LGCY earnings conference call or presentation 3-May-18 2:00pm GMT

    Q1 2018 Legacy Reserves LP Earnings Call

  • PR Newswire2 months ago

    Legacy Reserves LP Announces First Quarter 2018 Results and Updated 2018 Guidance

    MIDLAND, Texas , May 2, 2018 /PRNewswire/ -- Legacy Reserves LP ("Legacy") (NASDAQ:LGCY) today announced first quarter results for 2018 including the following highlights: Announced transaction ...

  • Investopedia2 months ago

    Penny Stocks to Watch for May 2018

    The Russell-2000 small-cap index held up better than the S&P 500 or Nasdaq-100, with trade tensions favoring small domestic issues over multinational giants. Low-priced sector plays have gained ground as well, with a broad basket of penny stocks posting 52-week highs. Legacy Reserves LP ( LGCY) posted the most substantial returns on April’s penny stocks watch list, gaining nearly 18% in sympathy with energy sector buying interest.

  • Top MLP Losses in the Week Ending April 27
    Market Realist2 months ago

    Top MLP Losses in the Week Ending April 27

    SunCoke Energy Partners (SXCP), an MLP involved in coke manufacturing and logistics, was the top MLP loss in the week ending April 27. The partnership had weak earnings in 1Q18. The partnership posted an adjusted EBITDA of $49.5 million during 1Q18—compared to $51.7 million in 1Q17 The YoY decline was mainly driven by planned outage and maintenance costs in the partnership’s Domestic Coke segment. However, the partnership reaffirmed its 2018 adjusted EBITDA guidance of $215 million–$225 million.

  • Top MLP Gainers in the Week Ending April 20
    Market Realist2 months ago

    Top MLP Gainers in the Week Ending April 20

    Navios Maritime Midstream Partners (NAP), an MLP involved in the marine transportation of crude oil, refined products, and NGLs, was the top MLP gainer in the week ending April 20. Navios Maritime Partners rallied 29.2% due to J.P. Morgan upgrading it to a “buy.” Overall, the partnership has lost 55.4% since the beginning of 2018. The fall could mainly be attributed to the partnership’s weak operating performance in 4Q17. To learn more, read Comparing Crude Tanker Companies’ 4Q17 Performances.

  • PR Newswire2 months ago

    Legacy Reserves LP Schedules Conference Call to Report 1st Quarter 2018 Results

    MIDLAND, Texas, April 19, 2018 /PRNewswire/ -- Legacy Reserves LP ("Legacy") (LGCY) today announced it will provide details of its first quarter 2018 operating and financial performance with its earnings report which is scheduled to be released on Wednesday, May 2, 2018, following the close of NASDAQ trading.  A teleconference and webcast will be held on Thursday, May 3, 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").

  • Top MLP Gainers in the Week Ending April 13
    Market Realist2 months ago

    Top MLP Gainers in the Week Ending April 13

    Legacy Reserves (LGCY), an upstream MLP involved in crude oil, natural gas, and NGLs (natural gas liquids) production, was the top MLP gainer in the week ending April 13, 2018. Legacy Reserves rallied 17.4% last week. The rally was mainly due to strong gains in crude oil prices.

  • Is Legacy Reserves LP’s (NASDAQ:LGCY) CEO Paid Enough To Stay Motivated?
    Simply Wall St.2 months ago

    Is Legacy Reserves LP’s (NASDAQ:LGCY) CEO Paid Enough To Stay Motivated?

    Leading Legacy Reserves LP (NASDAQ:LGCY) as the CEO, Paul Horne took the company to a valuation of US$361.40M. Recognizing whether CEO incentives are aligned with shareholders is a crucial partRead More...

  • OMP, LGCY, and KRP: Will They Continue to Rise in 2018?
    Market Realist2 months ago

    OMP, LGCY, and KRP: Will They Continue to Rise in 2018?

    Analyzing the Top MLP Gainers in 2018