GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Legacy Reserves Lp (LGCY) [hlAlert]

Rating:
Buy LGCY
down 77.31 %

Legacy Reserves Lp (LGCY) rated Buy with price target $30 by Ladenburg Thalmann

Posted on: Monday,  Jan 28, 2013  8:25 AM ET by Ladenburg Thalmann

Ladenburg Thalmann rated Buy Legacy Reserves Lp (NASDAQ: LGCY) on 01/28/2013, when the stock price was $25.83. Since
then, Legacy Reserves Lp has lost 77.31% as of 01/27/2016's recent price of $5.86.
If you would have followed this Ladenburg Thalmann's recommendation on LGCY, you would have lost 77.31% of your investment in 1094 days.

Legacy Reserves LP (Legacy) is an independent oil and natural gas company focused on the acquisition and exploitation of oil and natural gas properties primarily located in the Permian Basin and Mid-continent regions of the United States. The Company has two activities: the acquisition of producing oil and natural gas properties, and the development of producing properties. As of December 31, 2008, the Company had proved reserves of approximately 30.8 million barrels of oil equivalent (MMBoe), of which 68% were oil and natural gas liquids and 89% were classified as proved developed producing, 2% were proved developed non-producing, and 9% were proved undeveloped. On October 1, 2008, the Company completed the acquisition of 100% membership interests of Pantwist, LLC from Cano Petroleum, Inc.

Our Research Department takes a fresh, critical approach to analyzing primary sources and developing proprietary research. Many individuals, institutions, portfolio managers and hedge fund managers, on all levels, have been neglected by brokerage firms ignoring the demands for unbiased research. Ladenburg Thalmann provides a superior branded in-depth research product geared only to action-oriented investment ideas. Ladenburg Thalmann’s proprietary equity research tries to uncover crucial information before the rest of the Street. Our analysts concentrate on uncovered and under-covered stocks and have a small to mid-cap focus. We will not shy away from large cap names as long as we can bring value to our clients through timely, differentiated ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/28/2013 8:25 AM Buy
None
25.83 30.00
as of 12/13/2013
1 Week down  -0.36 %
1 Month down  -0.80 %
3 Months down  -0.11 %
1 YTD up  4.68 %

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy