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Linn Energy, LLC (LINE) Message Board

logantrader1960 3 posts  |  Last Activity: Aug 8, 2014 1:23 PM Member since: Nov 8, 2009
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  • logantrader1960 by logantrader1960 Aug 8, 2014 1:23 PM Flag

    Go back and read the Quarterly report and look at what the G/A expenses were for LNCO.
    And as you read further you will note LINE actually pays these expenses, or the majority of them. Now with that being said (and investors read this as well) buyers are realizing that LNCO should realistically be trading hand in hand with LINE. If for nothing else the dividend yield.

    I think of LNCO simply as a holding company for LINE. I also believe most management reports you read will also point out that LNCO is based solely off the performance of LINE. Most know this, but when you realize there are little to no expenses related to LNCO it makes perfect sense for them to trade hand in hand.

    Agree / Disagree?

    Sentiment: Buy

  • Reply to

    2nd Quarter Earnings Report

    by legalbark Aug 7, 2014 7:35 AM
    logantrader1960 logantrader1960 Aug 7, 2014 7:51 AM Flag

    Yeah thumbs Up management!

    I especially liked this clip......

    LINN completed its first operated horizontal well in the basin during the second quarter which targeted the Wolfcamp B interval in Midland County. This well had a 24-hour IP rate of 1,158 Boe/d, 91 percent of which was oil and a 30-day rate of 1,017 Boe/d, 89 percent of which was oil.

    That has to be one of the best 30-day rates I've seen in a while!

    Sentiment: Strong Buy

  • Reply to

    SARA - What is a Good Summary?

    by coalpowerstesla Jun 22, 2014 9:17 AM
    logantrader1960 logantrader1960 Jun 23, 2014 10:00 AM Flag

    They also have some debt, but the latest well should help tremendously on that issue. Personally I believe right now anyone selling this is making a mistake, or just simply needs the money. The stock is under heavy accumulation right now which is something it hasn't seen for a few years.

    IMO if it plays out right is this should be around $5.00-$7.50 pps in a year.

    Sentiment: Strong Buy

LINE
31.18-0.06(-0.19%)Sep 19 4:00 PMEDT

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