|Bid||5.70 x 5000|
|Ask||5.85 x 500|
|Day's Range||5.66 - 6.00|
|52 Week Range||1.07 - 6.24|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 1, 2018 - May 7, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.50|
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").
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.
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...
MIDLAND, Texas , April 3, 2018 /PRNewswire/ -- Legacy Reserves LP ("Legacy") (NASDAQ: LGCY) announced today that Paul Horne , Chairman and Chief Executive Officer, Dan Westcott , President and ...
MIDLAND, Texas, April 2, 2018 /PRNewswire/ -- Legacy Reserves LP ("Legacy") (LGCY) announced today the results of the previously announced consent solicitations (the "Consent Solicitations") through which Legacy and Legacy Reserves Finance Corporation (together, the "Issuers") solicited consents ("Consents") from holders of the Issuers' 8% Senior Notes due 2020 (the "2020 Notes") and 6.625% Senior Notes Due 2021 (the "2021 Notes" and, together with the 2020 Notes, the "Notes") to amend certain terms of the indentures (each, an "Indenture" and, together, the "Indentures") governing the Notes. Adoption of the amendments with respect to each Indenture required the consent of holders of a majority in principal amount of the Notes outstanding subject to such Indenture (the "Requisite Consents").
I am going to take a deep dive into Legacy Reserves LP’s (NASDAQ:LGCY) most recent ownership structure, not a frequent subject of discussion among individual investors. Ownership structure of aRead More...
The general partner interest of Legacy will remain outstanding, indirectly owned by New Legacy. Mr. Paul T. Horne, Chairman and Chief Executive Officer of Legacy's general partner, commented, "As a result of the Transaction, Legacy will become a newly-traded C-Corp stock with a less complicated balance sheet and an enhanced opportunity to raise capital and grow the business. We took our first steps towards this transition over two years ago and, after considerable time, effort and evaluation, we are thrilled to make this announcement and look forward to continuing our great operations under a new, simplified corporate structure.
Examining Legacy Reserves LP’s (NASDAQ:LGCY) past track record of performance is a valuable exercise for investors. It enables us to understand whether the company has met or exceed expectations, whichRead More...
For Legacy Reserves LP’s (NASDAQ:LGCY) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. Every stock inRead More...