The management team at Legacy Reserves (LGCY) surprised investors when, late last week, they released financial results for the first quarter of the oil and gas E&P’s (exploration and production’s) 2019 fiscal year. Given recent developments from the firm, namely that they are undergoing a process of exploring ‘strategic alternatives’, I was surprised to see the business take the time to issue a regular quarterly release. In all, what the data showed was more of what we might expect given the downturn in energy prices the industry saw during the first quarter, but