How long did it take you to find a green energy stock while overlooking 3 or 4 x as many red ones. Rig up .01 cent woo hoo.
Your pitiful. EPD, ETP, KMI, PAA, ERF, ENLK and GMLP are ALL down as is almost EVERYTHING in the sector. So please point out the green in energy all across your screen you lying duck!
I think you are being a bit presumptuous with your "needed for survival" statement. Line stated in the CC that the deal was made to take advantage of the distressed climate created by the plunge in oil prices for the purpose of acquisitions. They will use Blackstone's cash if a good deal arises, sort of like a credit line. If acquisitions and wells pan out Line eventually increases cash flow if they don't the losses will be limited by the agreement. Line did not agree to this deal out of desperation it was made with more tactical intent.
HOUSTON, Jan. 12, 2015 (GLOBE NEWSWIRE) -- LinnCo, LLC (LNCO) and LINN Energy, LLC (LINE) announced today the estimated federal income tax characteristics of its 2014 cash distributions to holders of its common shares and estimated 2014 and 2015 LinnCo cash tax liability.
The table below describes the distributions made by the company in 2014 and the estimated reporting of such payments on United States Internal Revenue Service ("IRS") Form 1099-DIV. The company is releasing information at this time to aid banks, brokerage firms, and institutional investors that are required to issue Form 1099s to their account holders. The final determination of the tax characteristics of 2014 cash distributions is not expected to be made until mid-March 2015, and at that time the company will announce the final tax characteristics and post the corrected Form 8937 (if applicable).
LinnCo, LLC -- Common Shares (CUSIP:535782-10-6)
Can't get this to line up right.
1/13/2014 1/17/2014 $0.2416 100% 100% 0%
2/10/2014 2/14/2014 $0.2416 100% 100% 0%
3/10/2014 3/14/2014 $0.2416 100% 100% 0%
4/11/2014 4/17/2014 $0.2416 100% 100% 0%
5/12/2014 5/16/2014 $0.2416 100% 100% 0%
6/9/2014 6/13/2014 $0.2416 100% 100% 0%
7/11/2014 7/17/2014 $0.2416 100% 100% 0%
8/11/2014 8/15/2014 $0.2416 100% 100% 0%
9/8/2014 9/12/2014 $0.2416 100% 100% 0%
10/13/2014 10/17/2014 $0.2416 100% 100% 0%
11/10/2014 11/14/2014 $0.2416 100% 100% 0%
12/11/2014 12/17/2014 $0.2416 100% 100% 0%
$2.8992 100% 100% 0%
In accordance with IRS Code Section 6045B, a company is required to file Form 8937, Report of Organizational Actions Affecting Basis of Securities, following any action that affects basis. At this time, t
Where was the worry about closing steel plants in Pennsylvania, Michigan, New Jersey and Ohio many years ago because these union jobs were shipped to China. Millions of middle class jobs given to China so CEO's could make millions. The hypocrisy on the right is quite nauseating.
Today is EX-distribution day, it drops .10 cent because of that so it's actually green. Try to understand LINE and it's business before you go spouting off false information. OK back to ignoreland you go.
You were close the EX date is tomorrow meaning today is the last day to get that whopping .10 cent so 8th, 9th and settle on 3rd business day which would be the 12th.
They want to preserve market share at any cost. Russia and the rest of OPEC will cry uncle eventually and side with the Saudi desires. How soon is anybody's guess.
Thank you for posting this. I listened to the CC and always find the Q and A session to be most enlightening. The majority of the analysts who took part said they thought the timing of the cut was definitely the right decision as opposed to doing it several months later. They also thought the agreement with Blackstone was a positive for acquiring distressed property. Over all I thought it was a positive CC and it seems the market does as well.
Where in my post did I say raised professor? The second word in my post said "Lowers PT". Are you really that dense! Now go and delete this reply like you always do when you're exposed.
Barclays Lowers PT to $12.00 not $6 or $7 as some others are saying here. So we have Citi at $11.50 and Barclays at $12. Obviously when oil moves back up so will PT's.