Legacy Reserves (LGCY) Misses Q2 EPS by 52c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/10/2026

1. SPCX
2. HUM
3. ALHC
4. PEP
5. T
6. CVS
7. UNH
8. VZ
9. SPY
10. LMT

Go back to Legacy Reserves (LGCY) Misses Q2 EPS by 52c

Legacy Reserves LP Announces Second Quarter 2015 Results

August 5, 2015 4:01 PM EDT

MIDLAND, Texas, Aug. 5, 2015 (GLOBE NEWSWIRE) -- Legacy Reserves LP ("Legacy") (NASDAQ: LGCY) today announced second quarter results for 2015.

Q2 highlights include:

Production of 33,571 Boe/d   Lease operating expense (excluding ad valorem taxes) of $42.8 million, a $3.1 million (6.8%) improvement relative to Q1 2015 and a $10.4 million (19.5%) improvement relative to Q4 2014   Adjusted EBITDA of $69.9 million, an $8.0 million (12.8%) improvement relative to Q1 2015 on a net loss of approximately $38.5 million   Distributable Cash Flow of $39.8 million, a $13.0 million (48.5%) improvement relative to Q1 2015, covering our quarterly distribution by 1.64 times

Paul T. Horne,... More