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Blue Chip Growth

Stock Report: Legacy Reserves L.P. (LGCY) Report Updated: May 20, 2013 | Print This Page

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Legacy Reserves L.P. (LGCY)

Rating: Sell Volatility: Conservative
Total Grade: D Industry: Oil Gas & Consumable Fuels
Competitors: SEMG, CZZ, COG, HFC
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Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: D down no change
Last Week: D same no change
Two Weeks Ago: D up no change
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Legacy Reserves L.P.© quotemedia

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Company Profile

Legacy Reserves LP, an independent oil and natural gas limited partnership, engages in 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. As of December 31, 2011, it owned interests in producing oil and natural gas properties in 498 fields primarily in the Permian Basin, Texas Panhandle, Wyoming, and Oklahoma; and non-operated interests in 3,483 gross productive wells, as well as operated 2,473 gross productive wells. The company had proved reserves of approximately 63.4 million barrels of crude oil equivalent. Legacy Reserves GP, LLC operates as the general partner of the partnership. The company was founded in 2005 and is headquartered in Midland, Texas.