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Legacy Reserves LP (LGCY)

Legacy Reserves focused on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, Mid-Continent and Rocky Mountain regions of the U.S. Co.'s development projects are primarily focused on drilling and completing new wells, which include accessing additional productive formations in existing well-bores, formation stimulation, and artificial lift equipment enhancement, as well as secondary (waterflood) and tertiary (miscible carbon dioxide and nitrogen) recovery projects. As of Dec 31 2012, Co. had proved reserves of 52.0 million barrels of oil, 159.31 billion cubic feet of natural gas, and 4.6 million barrels of natural gas liquids.

Preferred: LGCYP

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Company Name:  Legacy Reserves LP
Website:  www.legacylp.com
Sector:  Oil & Gas Exploration & Production
Number of ETFs Holding LGCY:  4
Total Market Value Held by ETFs:  $11.47M
Total Market Capitalization:  $1.72B
% of Market Cap. Held by ETFs:  0.67%

September 22, 2014    12:13 AM Eastern


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Strong Buy (3.50 out of 4)
71st percentile
(ranked higher than approx. 71% of all stocks covered)
Based on Zacks ABR data;
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