Legacy Reserves

Legacy Reserves LP (NASDAQ – LGCY) is a master limited partnership headquartered in Midland, Texas, 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 United States. Our primary business objective is to generate stable cash flows from the acquisition and development of long-lived oil and natural gas properties, allowing us to support and increase quarterly cash distributions per unit over time.

Company Growth (employees)
Type
Public
HQ
Midland, US
Founded
2005
Size (employees)
328 (est)
Legacy Reserves was founded in 2005 and is headquartered in Midland, US

Legacy Reserves Office Locations

Legacy Reserves has an office in Midland
Midland, US (HQ)
1800 303 W Wall St

Legacy Reserves Financials and Metrics

Legacy Reserves Financials

Legacy Reserves's revenue was reported to be $314.4 m in FY, 2016
USD

Revenue (Q2, 2017)

92.8 m

Net income (Q2, 2017)

(11.1 m)

EBIT (Q2, 2017)

(5.2 m)

Market capitalization (13-Nov-2017)

119.4 m

Cash (30-Jun-2017)

1.2 m

EV

1.3 b
Legacy Reserves's current market capitalization is $119.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

485.5 m532.3 m338.8 m314.4 m

Revenue growth, %

10%(36%)(7%)

EBIT

27.6 m(356.9 m)(725.7 m)(85 m)

EBIT margin, %

6%(67%)(214%)(27%)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

136.2 m125.9 m137.1 m149.7 m81.5 m87.8 m89.5 m65.9 m73.4 m83.5 m99.5 m92.8 m

General and administrative expense

7.9 m7.6 m14.8 m8.3 m8.9 m10.4 m16.2 m9.4 m11 m9.2 m10.6 m8.6 m

Operating expense total

95.3 m95.5 m106.3 m122.7 m314.7 m94.9 m213.2 m82.7 m87.5 m88.6 m97.3 m98.1 m

EBIT

40.9 m30.4 m30.8 m27 m(233.2 m)(7.1 m)(123.7 m)(16.9 m)(14.1 m)(5 m)2.3 m(5.2 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

2.6 m725 k2 m2.6 m

Accounts Receivable

5.1 m

Inventories

3.7 m5.4 m4.3 m7.4 m

Current Assets

74.7 m192.3 m129.5 m82.8 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

4.1 m3 m10.1 m3 m3.5 m3.7 m1.6 m5.3 m1.1 m2 m1.9 m1.2 m

Current Assets

80.2 m85.4 m109.5 m126.5 m173.4 m127.2 m147.9 m125.8 m81.4 m96.9 m93.3 m103.3 m

Total Assets

1.6 b1.5 b2.2 b2.3 b1.7 b1.6 b2 b1.5 b1.4 b1.4 b1.3 b1.3 b

Accounts Payable

6.1 m8.1 m13.1 m1.3 m3.1 m1.4 m3.3 m2.7 m3.7 m5.4 m4.2 m9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(35.3 m)(283.6 m)(701.5 m)(55.8 m)

Accounts Payable

4.2 m(3.2 m)10.8 m(4.5 m)

Cash From Operating Activities

241.1 m207.2 m2 m(310 k)

Cash From Investing Activities

(209.4 m)(632.4 m)(377.4 m)120 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(3.4 m)526 k(16.5 m)63.8 m(228.9 m)(267.3 m)(357.4 m)105.3 m(52.3 m)(4.3 m)16.4 m

Accounts Payable

13.1 m1.3 m3.1 m1.4 m3.3 m2.7 m3.7 m5.4 m4.2 m

Cash From Operating Activities

206 k1.7 m

Cash From Investing Activities

54.4 m(404.7 m)
Y, 2017

EV/EBIT

-247.7 x
Show all financial metrics

Legacy Reserves Market Value History

Legacy Reserves's Web-traffic and Trends

Legacy Reserves Company Life and Culture

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