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Legacy Reserves LP (LGCY)

Legacy Reserves is an oil and gas company engaged in the acquisition and 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. Co. is primarily focused on two activities: the acquisition of producing oil and natural gas properties and the development of properties in established producing trends. As of Dec 31 2015, Co. had proved reserves of 164.2 million barrels of oil equivalent, of which 73.0% were natural gas, 27.0% were oil and natural gas liquids and 97.0% were classified as proved developed producing. Co.'s proved reserves to production ratio was approximately 9.9 years.

Preferred: LGCYP

Company Name:  Legacy Reserves LP
Website:  www.legacylp.com
Sector:  Oil & Gas Exploration & Production
August 27, 2016    8:25 PM Eastern


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Buy (2.67 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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