LGCY Stock News 26.14 05/09/2014 19:26:31 Legacy Reserves LP
Post# of 273319

A Closer Look at a Potential Game-Changing Deal for Energy Dividends
Matt DiLallo, The Motley Fool - Motley Fool - Fri May 09, 12:00PM CDT
Legacy Reserves announced earlier this week that it was forming a strategic alliance with WPX Energy . It's a unique deal for a number of reasons. Let's take a closer look at the deal, and how it might have a game-changing impact on other oil and...
Legacy Reserves LP Prices Private Offering of Additional 6.625% Senior Notes
GlobeNewswire - Thu May 08, 3:52PM CDT
Legacy Reserves LP (Nasdaq:LGCY) together with its wholly owned subsidiary Legacy Reserves Finance Corporation today announced the pricing of the previously announced offering of an additional $300 million in aggregate principal amount of senior unsecured notes due 2021, which will bear interest at a rate of 6.625% per annum. The notes are being sold at 99% of their face amount. Legacy expects the offering of the notes to close on May 13, 2014, subject to the satisfaction of customary closing conditions.
Legacy Reserves LP Announces $250 Million Offering of Senior Notes
GlobeNewswire - Thu May 08, 8:31AM CDT
Legacy Reserves LP (Nasdaq:LGCY) ("Legacy" or the "Company"


Upgrade Alert for Legacy Reserves (LGCY)
Comtex SmarTrend(R) - Thu May 08, 7:02AM CDT
Legacy Reserves (NASDAQ:LGCY) was upgraded from Perform to Outperform at Oppenheimer today. The stock closed yesterday at $26.58 on volume of 512,000 shares, above average daily volume of 187,000. There is potential upside of 12.0% for shares of Legacy Reserves based on a current price of $26.55 and an average consensus analyst price target of $29.73. The stock should find resistance at its 200-day moving average (MA) of $26.95, as well as support at its 50-day MA of $25.79.
Legacy Reserves LP Announces Strategic Alliance With WPX Energy and First Quarter 2014 Results
GlobeNewswire - Tue May 06, 3:23PM CDT
Legacy Reserves LP ("Legacy"




WPX Energy to Sell Certain Working Interests for $355 Million
Business Wire - Tue May 06, 3:05PM CDT
WPX Energy (NYSE:WPX) announced today it signed an agreement to sell a working interest in certain of its existing Piceance Basin wells to Legacy Reserves LP, a Midland-based master limited partnership, for $355 million cash subject to closing adjustments.
Legacy Reserves LP Announces Cash Distributions and Schedules Conference Call to Report First Quarter 2014 Results
GlobeNewswire - Tue Apr 22, 6:23PM CDT
Legacy Reserves LP ("Legacy"

This Disliked Greenhouse Gas Is Fueling Solid Returns for Kinder Morgan Investors
Matt DiLallo, The Motley Fool - Motley Fool - Mon Apr 14, 12:18PM CDT
Source: Kinder Morgan. Carbon dioxide gets a bad rap. As a byproduct of burning fossil fuels, it receives most of the blame for climate change. However, it actually has a lot of value to oil companies, especially when it comes to getting more oil...
Legacy Reserves LP Announces Pricing of Series A Preferred Units
GlobeNewswire - Thu Apr 10, 4:37PM CDT
Legacy Reserves LP (Nasdaq:LGCY) ("Legacy"


Legacy Reserves LP Announces Public Offering of Series A Preferred Units
GlobeNewswire - Thu Apr 10, 8:23AM CDT
Legacy Reserves LP (Nasdaq:LGCY) ("Legacy"


Legacy Reserves LP to Present at IPAA's 2014 OGIS New York
GlobeNewswire - Wed Apr 02, 8:56AM CDT
Legacy Reserves LP ("Legacy"

1 Company Using More Carbon Dioxide to Fuel Dividend Growth
Matt DiLallo, The Motley Fool - Motley Fool - Thu Mar 27, 12:05PM CDT
Legacy Reserves LP announced yesterday that it was paying $112 million to make two bolt-on acquisitions. The MLP is picking up oil properties in New Mexico and Montana with an aim to grow its already enormous distribution to unit holders. Let's...
Legacy Reserves LP Announces Two Bolt-On Acquisitions
GlobeNewswire - Wed Mar 26, 3:41PM CDT
Legacy Reserves LP ("Legacy"

Downgrade Alert for Legacy Reserves (LGCY)
Comtex SmarTrend(R) - Tue Mar 25, 7:00AM CDT
Legacy Reserves (NASDAQ:LGCY) was downgraded from Neutral to Underweight at JP Morgan today. The stock closed yesterday at $25.24 on volume of 290,000 shares, above average daily volume of 201,000. Legacy Reserves (NASDAQ:LGCY) has potential upside of 18.9% based on a current price of $25.24 and analysts' consensus price target of $30.00. The stock should find initial resistance at its 50-day moving average (MA) of $26.80 and further resistance at its 200-day MA of $27.12.
Legacy Reserves Earnings In Retrospect: Down 2.0% in the Last 19 Days (LGCY)
Comtex SmarTrend(R) - Mon Mar 10, 7:57AM CDT
Two weeks ago on February 19th, 2014 Legacy Reserves (NASDAQ:LGCY) reported earnings and analysts, on average, expected earnings of $0.32 on sales of $125.2 million. Legacy Reserves actually reported a loss of $0.16 per share on sales of $122.0 million, missing EPS estimates by $0.48 and missing revenue estimates by $3.2 million. Since the company's report, shares of Legacy Reserves have fallen from $27.41 to $26.86, representing a loss of 2.0% in the past 19 days.
5 Toxic Stocks to Sell in March
at The Street - Fri Mar 07, 10:09AM CST
It's time to unload these stocks from your portfolio.
What Investors Need to Watch When BreitBurn Energy Partners L.P. Reports Earnings
Matt DiLallo, The Motley Fool - Motley Fool - Wed Feb 26, 10:00AM CST
Photo credit: Flickr/ Robert Ashworth High yielding oil and gas producer BreitBurn Energy Partners L.P. is expected to deliver its fourth-quarter and full-year results on Thursday Feb 27. That report should wrap up what turned out to be a...
Construction in Qatar - Key Trends and Opportunities to 2017
M2 - Wed Feb 26, 4:12AM CST
Research and Markets (http://www.researchandmarkets.com/research/2c2lwn/construction_in) has announced the addition of the "Construction in Qatar - Key Trends and Opportunities to 2017" report to their offering. The Qatari construction industry recorded a review-period CAGR of 0.07%. The government has invested considerably in developing the country's tourism, education and infrastructure, which led to growth in the industry. However, growth was hampered by the impact of the financial crisis, which reduced the demand for residential and commercial construction projects due to a lack of confidence among private investors. The outlook for construction is favorable, as a result of Qatar hosting the FIFA 2022 World Cup, resulting in the government's focus on infrastructure and residential construction. The industry's output is expected to record a CAGR of 5.50% over the forecast period. Key Highlights - Growth in the construction industry has been strong since the second quarter of 2012. In real terms, output expanded by an average of around 11.0%, from 9,543 in the second quarter of 2011 to 10,635 in the second quarter of 2012. The outlook is also positive, with the government's five-year development plan for the country supporting the construction industry by allocating QAR455 (US$125 billion) for development projects during 2011-2016. Of the total, QAR236.6 billion (US$65 billion) will be spent on infrastructure projects, and the remaining QAR218.4 billion (US$60 billion) on residential, commercial and LNG construction projects. - The 2022 FIFA World Cup is expected to be a key driver for industry growth over the forecast period, with a number of infrastructure projects expected to be undertaken by the government in preparation for the event. The government plans to spend QAR580.8 billion (US$160 billion) on these projects, representing 40% of its 2012-2016 infrastructure projects budget. - The government is also undertaking three large-scale railway projects over the forecast period: the metro rail network in Doha, the over ground railway service to cover the entire country, and the Gulf Cooperation Council (GCC) railway project. The combined cost of these rail projects is expected to be QAR133.5 billion (US$36.6 billion). The projects are expected to support the expansion of the construction industry over the forecast period. In addition, Doha is set to construct a new port to the value of QAR1.01 billion (US$301 million). Hyundai Engineering and Construction announced in August 2013 that it had won a share of the project, valuing QAR677 million (US$186 million), with work expected to be completed in 30 months. A QAR4.5 billion (US$1.23 billion) contract to dredge the approach channel was awarded to the Middle East Dredging Company. - Construction growth will also be driven by the Qatar National Vision 2030, through which the country looks to become a developed nation by diversifying its economy, achieving sustainable development and providing a high standard of living for its population. The government plans more than QAR237 billion (US$65 billion) on infrastructure spending until 2016, with investments by Barwa and Qatar Diar for residential and business construction projects, and also by the Qatar Foundation with Sidra Hospital and Education City in health and education. Key Topics Covered: Executive Summary Market Overview Commercial Construction Industrial Construction Infrastructure Construction Institutional Construction Residential Construction Company Profile: Khayyat Contracting & Trading Company Profile: Medgulf Construction Company (WLL) Company Profile: Qatar Engineering & Construction Company WLL Company Profile: HBK Contracting Company WLL Company Profile: Bilfinger Berger Qatar WLL Market Data Analysis Appendix List of Tables List of Figures For more information visit http://www.researchandmarkets.com/research/2c...ruction_in About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

