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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.


NYSE:LEG - Post by User

Comment by Squint1on Nov 11, 2014 3:52pm
463 Views
Post# 23118302

RE:RE:RE:Someone might be able to answer this right away.

RE:RE:RE:Someone might be able to answer this right away.From the press release:

"Closed the acquisition of Corinthian Exploration Corp. ("Corinthian"), comprised of 2,800 Boe per day (86 percent high netback light oil), for total consideration of 20.1 million Legacy common shares and assumed net debt of approximately $37.8 million (including the fair value of unrealized derivatives)"


The acquisition added 12.82 boes / share issued versus the company average of 11.53 as below.  If you don't like this then maybe you expend a little energy of your own and contribute something here.  

  Q3 2014 Q2 2014 Q3 2013
Production Volumes  25,004  20,224  19,489
Cash Flow $95,162 $75,219 $79,974
Net Debt / Cash Flow (annualized)  2.31  2.71  2.13
Production Volumes per share  11.53  11.37  11.40
Cash flow per share $0.477 $0.465 $0.509
Av. Share o/s  199,511  161,877  157,212
       
Corinthian production volumes  2,800    
Shares issued  20,100    
Production Volumes per share  12.82    

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