Best Railroad Stocks To Invest In 2015

Best Railroad Stocks To Invest In 2015: Legacy Reserves LP(LGCY)

Legacy Reserves LP, an independent oil and natural gas limited partnership, engages in 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. As of December 31, 2010, it owned interests in producing oil and natural gas properties in 370 fields in the Permian Basin, Texas Panhandle, Wyoming, Oklahoma, and several other states; operated 2,132 gross productive wells; and owned non-operated interests in 3,227 gross productive wells, as well as had proved reserves of approximately 52.8 million barrels of crude oil equivalent. Legacy Reserves GP, LLC operates as the general partner of the partnership. Legacy Reserves LP was founded in 2005 and is headquartered in Midland, Texas.

Advisors' Opinion:

• [By Robert Rapier]

  VNR is one of 14 companies/partnerships that are categorized as exploration and production, or upstream. Other notable entries in this category include BreitBurn Energy Partners (Nasdaq: BBEP), Linn Energy (Nasdaq: LINE), Memorial Production Partners (Nasdaq: MEMP), QR Energy (NYSE: QRE), Legacy Reserves (Nasdaq: LGCY), EV Energy Partners (Nasdaq: EVEP), and Mid-Con Energy Partners (Nasdaq: MCEP).

• [By Matt DiLallo]

  Companies that hedge over the long-term can end up doing very well. This is really clearly seen when looking at an oil and gas MLP like Legacy Reserves (NASDAQ: LGCY  ) . The following chart does a great job of showing its annual revenues with and without the impact of its hedging program:

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/best-railroad-stocks-to-invest-in-2015-3.html