Published On: Wed, Oct 19th, 2016

Latest Analyst Reports On Lucas Energy, Inc.

Recently stock market analysts have updated their consensus ratings on shares of Lucas Energy, Inc. (LEI).

Most recent broker ratings

01/04/2016 – Lucas Energy, Inc. was downgraded to “sell” by analysts at Euro Pacific Capital. They now have a USD 1 price target on the stock.

02/15/2014 – Lucas Energy, Inc. was downgraded to “speculative buy” by analysts at Eurobank EFG.

Lucas Energy, Inc. has a 50 day moving average of 3.08 and a 200 day moving average of 3.67. The stock’s market capitalization is 2.94M, it has a 52-week low of 1.52 and a 52-week high of 10.65.

The share price of the company (LEI) was up +2.42%, with a high of 1.70 during the day and the volume of Lucas Energy, Inc. shares traded was 257497.

Lucas Energy, Inc. (Lucas Energy) is an independent oil and natural gas company. The Company is engaged in the acquisition and development of crude oil and natural gas from various known productive geological formations, including the Austin Chalk and Eagle Ford formations, primarily in Gonzales, Wilson and Karnes Counties, south of the city of San Antonio, Texas. As of March 31, 2016, the Company had leasehold interests (working interests) in approximately 8,395 gross acres or 8,309 net acres. Its total net developed and undeveloped acreage as measured from the surface to the base of the Austin Chalk formation is approximately 8,310 net acres. In deeper formations, it had approximately 1,909 net acres in the Eagle Ford oil window. As of March 31, 2016, it had produced an average of approximately 61 net barrels of oil equivalent per day (Boepd) from 26 active well bores. The Buda limestone underlies the Eagle Ford formation separated by a 10 foot to 20 foot inorganic shale barrier.