Legacy Reserves LP announced unaudited consolidated earnings and production results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported total revenues of $139,281,000 against $92,847,000 for the same period a year ago. Operating loss was $12,679,000 against $5,240,000 for the same period a year ago. Loss before income taxes was $50,579,000 against $10,927,000 for the same period a year ago. Net loss was $50,709,000 against $11,077,000 for the same period a year ago. Net loss attributable to unitholders was $55,459,000 against $15,827,000 for the same period a year ago. Loss per unit - basic and diluted was $0.72 against $0.22 for the same period a year ago. Adjusted EBITDA was $72,110,000 against $44,305,000 for the same period a year ago.

For the six months, the company reported total revenues of $276,760,000 against $192,394,000 for the same period a year ago. Operating income was $29,265,000 against operating loss of $2,955,000 for the same period a year ago. Income before income taxes was $14,290,000 against $5,866,000 for the same period a year ago. Net income was $13,673,000 against $5,295,000 for the same period a year ago. Net income attributable to unitholders was $4,173,000 against net loss attributable to unitholders of $4,205,000 for the same period a year ago. Income per unit - basic and diluted was $0.05 against loss per unit - basic and diluted of $0.06 for the same period a year ago. Adjusted EBITDA was $142,808,000 against $84,495,000 for the same period a year ago.

For the quarter, the company reported total production of 4,325 MBoe against 3,847 MBoe for the same period a year ago. Average daily production was 47,527 Boe/d against 42,275 Boe/d for the same period a year ago.

For the six months, the company reported total production of 8,472 MBoe against 7,665 MBoe for the same period a year ago. Average daily production was 46,807 Boe/d against 42,348 Boe/d for the same period a year ago.

The company reported impairment of long-lived assets of $35,381,000 for the second quarter of 2018 against $1,821,000 for the same period a year ago.