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.

Type
Public
HQ
Midland, US
Founded
2005
Size (employees)
328 (est)-13%
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 Data and Metrics

Legacy Reserves Financial Metrics

Legacy Reserves's revenue was reported to be $314.4 m in 2016 which is a 7% decrease from the previous period.
Numbers are in $, USD

Revenue (Y, 2016)

314.4 m

Revenue growth (Y, 2015 - Y, 2016), %

(7%)

Net income (Y, 2016)

(55.8 m)

EBIT (Y, 2016)

(85 m)

Market capitalization (26-May-2017)

146.7 m

Closing share price (26-May-2017)

2.1

Cash (31-Dec-2016)

2.6 m
Legacy Reserves's current market capitalization is $146.7 m.
Numbers are in $, USDY, 2013Y, 2014Y, 2015Y, 2016

Revenue

485.5 m532.3 m338.8 m314.4 m

Revenue growth, %

10%(36%)(7%)

Operating expense total

457.8 m889.2 m1.1 b399.4 m

EBIT

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

EBIT margin, %

6%(67%)(214%)(27%)

Interest expense

50.1 m67.2 m76.9 m79.1 m

Interest income

776 k873 k329 k67 k

Pre tax profit

(34.6 m)(284.5 m)(703 m)(54.6 m)

Income tax expense

(649 k)859 k1.5 m(1.2 m)

Net Income

(35.3 m)(283.6 m)(701.5 m)(55.8 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

2.6 m725 k2 m2.6 m

Accounts Receivable

Inventories

3.7 m5.4 m4.3 m7.4 m

Current Assets

74.7 m192.3 m129.5 m82.8 m

Total Assets

1.7 b1.9 b1.6 b1.3 b

Accounts Payable

6 m2.8 m13.6 m9.1 m

Current Liabilities

93.9 m97.6 m81.1 m86.6 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

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

Accounts Receivable

Inventories

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

Long-term Borrowings

(701 m)(1.3 b)(341 m)(376.4 m)

Cash From Financing Activities

(32.7 m)423.3 m376.7 m(119.1 m)
Numbers are in $, USDY, 2016

Revenue/Employee

829.4 k

Legacy Reserves Market Value History

Legacy Reserves Company Life and Culture

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