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Linn Energy, LLC Message Board

  • rrb1981 rrb1981 May 11, 2013 7:59 PM Flag

    Hey...wasn't this a bond?

    What...they make a $4.0+ billion dollar deal and now they are back at $35/unit?

    They now have pulled up and left the Texas Granite Wash and coverage fell considerably below 1.0x They better hurry up and get that Berry deal closed because their hedge prices continue to decline going forward, meaning more shortfall to make up.

    That being said, if it gets much cheaper, I'll be a buyer a heavy buyer. The Linn premium is finally starting to evaporate now that they are so bloated. By my count, there are now a handful of E&P MLPs that trade with a lower yield (premium).

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