When you figure where LINE was before everything that went on.... the improvements and potential are very very good. So, as LINE was in the 40s before... We might just see a legitimate run... like you suggest... mid 40s or better. The debt bothers me some.... But we will watch closely.
irresponsible reporting goes on like it did for Linn.... its just unreal, and Barron's should be held responsible on some level. I will never read another Barron's ever.....
Lets just say.... my guess is that they announce a div increase right around "earnings" in Feb. Now, that's nothing more than a guess.... But I expect earnings are going to be very very good. They didn't "re-announce" just for kicks.
Totally agree. I think things are already on the burner. Time will tell? Trust me, this puppy doesn't sit on its hands. Very aggressive, and knows how to make things happen (obviously!).
am thinking that the shorts are going to move on to "gr$$n$r" pastures. They didn't much like the monthly dividend bit, either. Not worried about the dividend increases. They will come in due time.
good grouping. I'd have to say that if you added a major... Buffet can't be wrong about XOM. And no, I don't own it... but with I did. Price rich or not... if XOM gets into IRAN, which in time I expect it will.... XOM will be the prime player.. and the cost to bring the oil to market is dirt cheap. I also expect PXD to join a major at some point... if you get my drift.
Yahoo was wrong for kicking up the dividend before it "actually" would be a fact. Made no sense to me. I DO trust the div will go up.... many more times as Linn progresses with its game plan. Stay tuned and make some money.
not sure I am going to worry bout it too much... I'll just get shares at lower prices with the dividend. The world is still going to need oil, and we will still have wars to keep oil up. The COLD snaps going on will keep NG in pretty good shape as well.
getting no love, for sure. But with WTI at $99.... and the NG products up so high... I see a HUGE quarter. So just hang in there. Berry assets/production will only enhance total results in the future.
Sentiment: Strong Buy
LINE/LNCO was one of his best four energy picks for 2014 and beyond. But hey, we already knew that, right? EEEE HAWWW!!!