RE:Crude $67.10 UppersDowners, you are such an uninformed nimrod that you don't understand a thing about the current market. All E&P companies are getting killed and LTS will go to $0, despite any buy backs from the company. They won't be able to buy back shares because they pay a dividend they can't support. They are overlevered so they can't use debt to buyback shares. Therefore, they won't be buying back shares until they cut the dividend to $0. If they don't they'll be $0 by the end of 2015. The announcement of a buyback program does not mean they'll actually buyback many shares.
AND, in the last 4 weeks LEG is down 34%, not 50%. They aren't alone.