The Razor's Edge
2-Year Price History
Recent Price
(1/5/2009)
$11.00
52-Week Price
$6.50 - $25.76
Market Capitalization
$341.8 Million
Most Recent Dividend
$1.26
About Legacy Reserves LP Parnership Units
Legacy Reserves LP Parnership Units is considered to operate in the Basic Materials
sector. They specifically operate in the Oil & Gas Drilling/Exploring
business segment contained within the Energy industry.
An independent oil and natural gas partnership company, which focused on the acquisition and exploitation of oil and natural gas properties.
Ockham's Rating
Rating Specific Information Withheld
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LGCY Revenue
Currently, the data available for LGCY is not sufficient for us to properly evaluate the stock. We will resume coverage as the data allows.
LGCY Cash Earnings
Cash (and the ability of a company to generate it) is a pivotal analysis at Ockham Research. With LGCY, we have found that we don't have as many years of positive Cash Earnings as we would like in order to run an analysis. When a company like LGCY has had several years of negative Cash Earnings mixed in with their positive years, it can be difficult to really get a good analysis of their potential. At Ockham, we always advise that Cash is key to any investment, so investors should consider the lack of positive years available as a signal that other types of analysis may need to be more heavily relied upon in LGCY's case.
LGCY Dividends
A positive Ockham rating does not require a company to pay out an inviting dividend or a dividend at all. However, we believe dividends provide a useful measure on a company's inherent expectations. LGCY is not paying a dividend at this time, nor do they have a history of paying a dividend for the last 10 years plus. Therefore, we are not utilizing the dividends portion in our study. If LGCY initiates paying a dividend, we will begin to factor this into the Ockham approach.
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