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Linn Energy, LLC Message Board

  • diodia2000 diodia2000 Sep 12, 2013 12:51 PM Flag

    LGCY may be breaking out

    LGCY has many of the same reasons to buy it a Linn does and I have been wondering if DO and LINE's Permian acquisitions would prompt investors to revalue LGCY higher, as LGCY focuses on the Permian. If I remember correctly 85% of LGCY's revenue comes from oil. Looking at the chart, it seems to be breaking out to the upside. Linn has a higher distribution but for the investors on this board who want an oil-focused MLP with less risk and no media hand grenades, I think LGCY is cheap.

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