- Linn Energy (LINE +1.4%) and LinnCo (LNCO +1.1%) are upgraded to Focus Stock from Sector Outperform at Howard Weil as a result of the potentially game-changing transaction around Linn's now-60K net acres prospective for horizontal Wolfcamp drilling.
- The firm notes Linn enters 2014 in strong shape after a difficult 2013 after closing the Berry transaction, and the new assets could yield better capital efficiency upon seeing the combined budget and expected production growth over the next few months.
- The firm says the Berry integration should be relatively smooth as Linn has had ample time to prepare, but most importantly, the companies' combined Permian position offers a myriad of options to convert the non-producing horizontally prospective acreage into cash flow.
From other sites
at Nasdaq.com (Mar 9, 2015)
at Nasdaq.com (Mar 6, 2015)
at Benzinga.com (Feb 27, 2015)
at Investor's Business Daily (Feb 19, 2015)
at Nasdaq.com (Feb 5, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs