Event-Driven Stocks

LEGACY RESERVES LP

Energy · Crude Petroleum & Natural Gas · DE · SEC filings ↗ · Compare ⊕

Signs2 good1 warningdetails ↓

Financials

SEC XBRL · annual
 FY17FY16FY15FY14FY13FY12
Revenue$346.5M
Operating income$18.1M−$85.0M−$725.7M−$356.9M$27.6M$51.5M
Net income−$53.9M−$55.8M−$701.5M−$283.6M−$35.3M$68.6M
Total assets$1.49B$1.30B$1.61B$1.90B$1.66B$1.69B
Total liabilities$1.76B$1.52B$1.79B$1.26B$1.15B$1.02B
Equity$670.3M
EPS (diluted)
Shares out.72.6M69.5M69.2M57.5M57.3M47.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2017
Operating margin
Net margin
Return on equity
Return on assets
−3.6%
Return on capital (ROCE)
1.3%
Liabilities / assets
118.2%
Debt / equity
Book value / share
Revenue growth (YoY)
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2017
Accruals / assets
10.3%clean
Piotroski F-Score
3/7weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
46
/ 100
Profitability 50Growth n/aCatalyst 33Earnings quality 100Financial strength 0

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 warning2 good
  • High leverage (liabilities > 70% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
6 acquisitions6 disposalsnet +387,011 shares · last 12
InsiderDateTypeSharesPrice
Sullivan William DDirectorSep 20, 2018D138,217
Brown Dale ADirectorSep 20, 2018D115,060
Lawrence G LarryDirectorSep 20, 2018D126,226
Granberry William RDirectorSep 20, 2018D144,309
Brown Cary DDirectorSep 20, 2018D308,566
Vann Kyle DDirectorSep 20, 2018D204,726
Foster Micah C.Officer — CAO and ControllerSep 20, 2018Option exercise54,605
Leroy Dan G.Officer — VP, GC and SecretarySep 20, 2018Option exercise66,488
Mcgraw Kyle AOfficer — EVP and CDOSep 20, 2018Option exercise176,957
Hammond KyleOfficer — EVP and COOSep 20, 2018Option exercise260,866
Westcott James DanielOfficer — President and CFOSep 20, 2018Option exercise301,648
Horne Paul TOfficer — Chairman and CEOSep 20, 2018Option exercise563,551

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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