LGCY Fundamental Research Investment Analysis, Legacy Reserves LP Parnership Units

Stock Research iPhone App Coming Soon to the AppStore Click here to register for newsletter and report access
close nav

Legacy Reserves LP Parnership Units (LGCY)

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
Dividend Yield
18.90%
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 Premium Access Only

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.

Peer Comparison

:

Legacy Reserves LP Parnership Units Industry Grouping

(1/5/2009)
Company Ticker Market Cap (Ml) Latest
Price
Price/Cash Earnings Price/Sales 5-Yr. Rev.
Growth Rate
5-Yr.
Avg. ROE.
Current 10-Yr. Range* Current 10-Yr. Range*
Peer Company Averages (not incuding LGCY) 4.21 10.07 » 37.18 0.24 0.72 » 7.59 27.72% 17.32%
*10 year range does not include current year values
Eagle Rock Energy Partners LP EROC $357.0 Million $6.40 9.49 28.32 » 46.85 0.00 0.00 » 0.00 n/a 19.23%
Berry Petroleum Co Cl A BRY $353.4 Million $8.27 1.00 3.59 » 10.84 0.35 1.49 » 16.90 31.93% 26.16%
Legacy Reserves LP Parnership Units LGCY $341.8 Million $11.00 12.75 23.13 » 38.03 0.00 0.00 » 0.00 n/a 34.67%
Calumet Specialty Products Partners, LP CLMT $324.3 Million $10.06 3.49 6.07 » 21.93 0.00 0.00 » 0.00 n/a 25.13%
Natco Group, Inc. NTG $323.9 Million $16.00 4.18 7.04 » 35.36 0.41 0.45 » 6.31 14.51% 10.60%
Tesco Corp. TESO $322.6 Million $8.60 2.87 5.31 » 70.90 0.44 1.64 » 14.72 36.71% 5.47%
Ockham's Rating: NotSet
Current
Rating on:
LGCY
SNAP

Community Discussion

  • Be the first to Comment!

Key Fundamentals

LGCY - Legacy Reserves LP Parnership Units Fundamentals
Price (1/5/2009) $11.00
Volume (1/5/2009) 130,000
10 Day Average Volume 122,700
13 Week Price Range $6.50 - $15.22
52 Week Price Range $6.50 - $25.76
LTM Revenue $245.3 Million
 
Shares Outstanding (12/2007) 31.1 Million
Market Capitalization $341.8 Million
Shares Held By Institutions 2.6 Million
Insitutional Holders 43
% Shares Held By Institutions 8.50%
Earnings Per Share (EPS) ($2.13)
P/E Ratio n/a
Book Value Per Share $8.67
 
Gross Margin 81.40%
Quarterly Dividend 2.08
Dividend Yield 18.90%
Beta 1.22
Fiscal Year Ends December