Legacy Reserves LGCY Rent Expense And Related Taxes And Operating Expenses

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Questions, answered.

What is Legacy Reserves's rent expense and related taxes and operating expenses?

Legacy Reserves (LGCY) reported rent expense and related taxes and operating expenses of $1.33M in Q1 2026.

How has Legacy Reserves's rent expense and related taxes and operating expenses changed year-over-year?

Legacy Reserves's rent expense and related taxes and operating expenses decreased by 3.2% year-over-year, from $1.37M to $1.33M.

What is the long-term trend for Legacy Reserves's rent expense and related taxes and operating expenses?

Over 2 years (2023 to 2025), Legacy Reserves's rent expense and related taxes and operating expenses has grown at a 20.9% compound annual growth rate (CAGR), from $3.07M to $4.48M.

What does rent expense and related taxes and operating expenses mean?

This metric aggregates the total costs associated with property leasing, including base rent, property taxes, and related operating expenses paid to landlords. It provides a comprehensive view of the company's facility-related overhead and occupancy costs. Investors use this to evaluate the efficiency of the company's physical footprint and lease management.