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

down 73.30 %

Legacy Reserves Lp (LGCY) rated Buy with price target $26 by UBS

Posted on: Friday,  Jul 2, 2010  11:25 AM ET by UBS

UBS rated Buy Legacy Reserves Lp (NASDAQ: LGCY) on 07/02/2010, when the stock price was $21.95. Since
then, Legacy Reserves Lp has lost 73.30% as of 01/27/2016's recent price of $5.86.
If you would have followed this UBS's recommendation on LGCY, you would have lost 73.3% of your investment in 2035 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/2/2010 11:25 AM Buy
21.95 26.00
as of 12/31/2010
1 Week up  5.51 %
1 Month up  10.60 %
3 Months up  17.11 %
1 YTD up  31.57 %

(*) 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