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Linn Co, LLC Message Board

  • s.eranger Jun 18, 2013 11:39 AM Flag

    Another Interesting View....

    Investment idea No. 1: LINN Energy (NASDAQ: LINE ) or LinnCo (NASDAQ: LNCO )
    For those who are not familiar with these income machines, LINN is structured like an MLP, meaning investors will receive a K1 come tax time. Linn#$%$ the other hand is structured like a normal C-Corp meaning investors will receive a Form 1099 each year. Because LinnCo's sole assets are units of LINN you can invest in either company depending on your tax preference.

    Lately the pair have been under a lot of pressure after a series of negative attacks on LINN's business model. The attacks have brought the respective yields to around 9% for LINN and 8.5% for LinnCo when you take into consideration the soon to be rising payout after the Berry Petroleum (NYSE: BRY ) acquisition closes. Berry adds significant oil assets to the combined company and the deal significantly improves the reserves, credit metrics, distributable cash flow ratio, and production. The bottom line here is that investors can lock in significant monthly income by investing in either company.

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