Free Trial
Notice: This company has been marked as potentially delisted and may not be actively trading.
NASDAQ:LGCY

Legacy Reserves (LGCY) Stock Price, News & Analysis

Legacy Reserves logo

About Legacy Reserves Stock (NASDAQ:LGCY)

Advanced Chart

Key Stats

Today's Range
$7.71
$8.16
50-Day Range
$0.01
$0.04
52-Week Range
$0.03
$7.14
Volume
83,875 shs
Average Volume
102,924 shs
Market Capitalization
$105.92 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.10
Consensus Rating
Buy

Company Overview

Legacy Reserves Inc., an independent energy company, engages in the acquisition, development, and production of oil and natural gas properties in the United States. It focuses on the horizontal development of unconventional plays in the Permian Basin and the management of shallow-decline oil and natural gas wells in the regions of Permian Basin, East Texas, Rocky Mountain, and Mid-Continent. As of December 31, 2018, the company had proved reserves of approximately 164.9 million barrels of crude oil equivalent covering natural gas, as well as oil and natural gas liquids. Legacy Reserves Inc. was founded in 2005 and is based in Midland, Texas.

Legacy Reserves Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
21st Percentile Overall Score

LGCY MarketRank™: 

Legacy Reserves scored higher than 21% of companies evaluated by MarketBeat, and ranked 255th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Legacy Reserves has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Legacy Reserves has only been the subject of 1 research reports in the past 90 days.

  • Read more about Legacy Reserves' stock forecast and price target.
  • Earnings Growth

    Earnings for Legacy Reserves are expected to grow by 15.79% in the coming year, from $0.57 to $0.66 per share.

  • Short Interest

    There is no current short interest data available for LGCY.
  • Dividend Yield

    Legacy Reserves does not currently pay a dividend.

  • Dividend Growth

    Legacy Reserves does not have a long track record of dividend growth.

  • Short Interest

    There is no current short interest data available for LGCY.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Legacy Reserves this week, compared to 0 articles on an average week.
  • Search Interest

    3 people have searched for LGCY on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Legacy Reserves insiders have bought more of their company's stock than they have sold. Specifically, they have bought $62,386.00 in company stock and sold $0.00 in company stock.

  • Read more about Legacy Reserves' insider trading history.
Receive LGCY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Legacy Reserves and its competitors with MarketBeat's FREE daily newsletter.

LGCY Stock News Headlines

Do this Before Elon’s Reveal on January 22nd
Elon’s newest tech could pay you an extra $30,000 a year — while you sleep. It’s smaller than a quarter but designed to power a $9 trillion AI revolution. And I’ve identified a little-known supplier Elon is depending on to make it all happen.
See More Headlines

LGCY Stock Analysis - Frequently Asked Questions

Legacy Reserves Inc (NASDAQ:LGCY) announced its quarterly earnings results on Wednesday, October, 31st. The oil and gas producer reported ($0.46) earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.69. The oil and gas producer earned $145.21 million during the quarter, compared to analysts' expectations of $143.40 million.

Legacy Reserves (LGCY) raised $12 million in an initial public offering on Thursday, September 26th 2024. The company issued 2,000,000 shares at a price of $5.00-$7.00 per share. Northland Capital Markets and Ladenburg Thalmann served as the underwriters for the IPO.

Legacy Reserves' lock-up period expires on Tuesday, March 25th. Legacy Reserves had issued 2,500,000 shares in its initial public offering on September 26th. The total size of the offering was $10,000,000 based on an initial share price of $4.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

Based on aggregate information from My MarketBeat watchlists, some other companies that Legacy Reserves investors own include Bank of Hawaii (BOH), Northern Tier Energy (NTI), STAG Industrial (STAG), InterDigital (IDCC), Memorial Production Partners (MEMP), Targa Resources (TRGP) and (BBEPQ) (BBEPQ).

Company Calendar

Last Earnings
10/31/2018
Today
1/20/2025
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Educational services
Sub-Industry
N/A
Current Symbol
NASDAQ:LGCY
Fax
N/A
Employees
337
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.10
High Stock Price Target
$10.00
Low Stock Price Target
$8.20
Potential Upside/Downside
+5.2%
Consensus Rating
Buy
Rating Score (0-4)
3.33
Research Coverage
3 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Market Cap
$105.92 million
Optionable
Optionable
Beta
N/A
Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

This page (NASDAQ:LGCY) was last updated on 1/21/2025 by MarketBeat.com Staff
From Our Partners