LGCY - Legacy Reserves Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
4.76
-0.20 (-3.93%)
As of 10:02AM EDT. Market open.
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Previous Close4.96
Open4.86
Bid4.77 x 800
Ask4.83 x 1000
Day's Range4.75 - 4.90
52 Week Range1.07 - 10.54
Volume77,466
Avg. Volume394,784
Market Cap506.043M
Beta (3Y Monthly)1.00
PE Ratio (TTM)N/A
EPS (TTM)-0.87
Earnings DateOct 31, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-11-03
1y Target Est5.00
Trade prices are not sourced from all markets
  • PR Newswire1 hour 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 Newswire6 days 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 ...

  • GuruFocus.com11 days ago

    Legacy Reserves: A Compelling Value Opportunity

    Company presents a startlingly asymmetric risk-reward profile with substantial upside

  • PR Newswire15 days 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.

  • Why Legacy Reserves Inc.’s Stock Is Soaring Today
    Motley Foollast month

    Why Legacy Reserves Inc.’s Stock Is Soaring Today

    The oil and gas producer re-emerged today.

  • PR Newswirelast month

    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 Newswirelast month

    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 Newswirelast month

    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 Newswirelast month

    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 Newswire2 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").

  • Thomson Reuters StreetEvents2 months ago

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

    Q2 2018 Legacy Reserves LP Earnings Call

  • ACCESSWIRE3 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 Newswire3 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 Newswire3 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 ...

  • Lowest-Performing MLPs in Week Ended July 27
    Market Realist3 months ago

    Lowest-Performing MLPs in Week Ended July 27

    American Midstream Partners (AMID), a midstream MLP involved in natural gas gathering, processing, and compression, was the lowest-performing MLP in the week ended July 27. AMID stock plunged 41.1% last week. It saw a sharp correction following its announcement of a capital allocation strategy, which includes the sale of non-core assets and a distribution cut.

  • Legacy Reserves Is Eighth among MLPs for Q2 EBITDA Growth
    Market Realist3 months ago

    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.

  • PR Newswire3 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").

  • These Were the Strongest MLPs in H1 2018
    Market Realist3 months ago

    These Were the Strongest MLPs in H1 2018

    Upstream MLP Legacy Reserves (LGCY), which is involved in crude oil, natural gas, and NGL (natural gas liquid) production, was the strongest MLP in H1 2018. LGCY stock rose by a massive 329% due to the company’s EBITDA rising 76% YoY (year-over-year) in Q1 2018 and improved financial position, strong crude oil prices, and analysts upgrading their ratings. For a review of the MLP’s fundamentals and technicals, read Legacy Reserves Has Risen ~45% from the Lows in May.

  • PR Newswire3 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 Newswire3 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.

  • What Are Wall Street Targets for TELL, LGCY, AROC, and CLB?
    Market Realist4 months ago

    What Are Wall Street Targets for TELL, LGCY, AROC, and CLB?

    To conclude this series on the biggest movers in the upstream and oilfield services sectors, we’ll now look at Wall Street recommendations for the leading gainers and decliners this week that we have been discussing in this series. As of July 3, Reuters reported four analysts having recommendations on Tellurian (TELL).

  • Are Hedge Funds Buying TELL, LGCY, AROC, and CLB?
    Market Realist4 months ago

    Are Hedge Funds Buying TELL, LGCY, AROC, and CLB?

    In this part, we’ll take a look at how hedge funds are positioning themselves in the leading gainers and decliners from the upstream and oilfield services sectors of the current week.

  • Upstream Losses This Week: LGCY, HK, WTI, SN, and XEC
    Market Realist4 months ago

    Upstream Losses This Week: LGCY, HK, WTI, SN, and XEC

    In this article, we’ll move on to the worst performers from the oil and gas production, or upstream, sector in the US for the current week. To compile the list of the worst upstream performers this week, we’ll use oil and gas producers with market capitalizations greater than $100 million and an average trading volume greater than 100,000 shares last week.

  • Legacy Reserves Has Risen ~45% from the Lows in May
    Market Realist4 months ago

    Legacy Reserves Has Risen ~45% from the Lows in May

    Legacy Reserves (LGCY) has seen a steep decline from its YTD (year-to-date) highs mainly due to weakness in crude oil prices and the wider WTI Cushing-WTI Midland spread. Since then, Legacy Reserves has seen a strong recovery. The partnership has risen 45.4% from last month’s low.

  • Top MLP Gainers in the Week Ending June 22
    Market Realist4 months ago

    Top MLP Gainers in the Week Ending June 22

    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 22. Legacy Reserves rallied 14.3% due to strong crude oil prices ahead of OPEC’s meeting and the sharp rise in crude oil prices following OPEC’s meeting. The partnership is expected to benefit from the narrowing of the WTI Cushing-WTI Midland spread last week, which we discussed in the previous part. Overall, Legacy Reserves has gained 337.9% since the beginning of this year.