Loading prices...

Register/Sign in
ScrapMonster
Are ads getting in your way? Register for Ad-free pages and live data.
Get an instant offer on your damaged car

Legacy Reserves LP
303 W. Wall St.,, Suite 1800, Midland, Texas, United States

Memberships : NA
Badge
Basic Member
Since Nov, 2015
About Company

Legacy Reserves LP is a master limited partnership headquartered in Midland, Texas, focused on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, Mid-Continent and Rocky Mountain regions of the United States.

Legacy Reserves LP (NASDAQ – LGCY) is a master limited partnership headquartered in Midland, Texas, focused on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, Mid-Continent and Rocky Mountain regions of the United States. Our primary business objective is to generate stable cash flows from the acquisition and development of long-lived oil and natural gas properties, allowing us to support and increase quarterly cash distributions per unit over time.

Since 2006, we have made 132 acquisitions of producing properties for approximately $2.5 billion. In our efforts to generate stable cash flows and reduce our commodity price risk, we have an active oil and natural gas hedging program.

Business Strategy

The key elements of our business strategy are to:

  • Make accretive acquisitions of producing properties generally characterized by long-lived reserves with stable production and reserve development potential;
  • Add proved reserves and maximize cash flow and production through development projects and operational efficiencies;
  • Maintain financial flexibility; and
  • Reduce commodity price risk through oil and natural gas derivative transactions.

Competitive Strengths

We believe we are well positioned to successfully execute our business strategy because of the following competitive strengths:

  • Proven acquisition and development track record;
  • High-quality, long-lived, liquids-rich reserve base;
  • Extensive, low-risk development drilling inventory;
  • Diversified operations and operational control over 70% of our current production;
  • Conservative balance sheet and strong hedging profile; and
  • Experienced management team with a vested interest in our success.
Company NameLegacy Reserves LP
Business CategoryBase Metal Companies
Address303 W. Wall St.,
Suite 1800
Midland
Texas
United States
ZIP: TX 79701
PresidentNA
Year Established2006
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Manufacturing Industrial Minerals Ores
  • Metals
  • Precious Metals
Phone NumberLocked content Subscribe to view
Fax NumberLocked content
EmailLocked content
WebsiteLocked content
Not available
Not available
Not available
Company Review
Start your review of Legacy Reserves LP
Base Metal Companies
Companies in United States

Contact Company

By continuing you agree to the Terms & Conditions and Privacy Policy of this website
Are ads getting in your way? Register for Ad-free pages and live data.
Are ads getting in your way? Register for Ad-free pages and live data.
×

Quick Search

Advanced Search