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Linn Energy's CEO Discusses Q3 2012 Results - Earnings Call TranscriptThu, Oct 25, 2012 • 2 Comments
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Linn Energy's CEO Discusses Q2 2012 Results - Earnings Call TranscriptThu, Jul 26, 2012 • 1 Comment
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Linn Energy, LLC Q1 2010 Earnings Call TranscriptSun, May 2, 2010
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GlobeNewswire (May 31, 2013)
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at CNBC.com (May 6, 2013)
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GlobeNewswire (Apr 25, 2013)
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GlobeNewswire (Apr 25, 2013)
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GlobeNewswire (Apr 23, 2013)
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GlobeNewswire (Apr 11, 2013)
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GlobeNewswire (Apr 1, 2013)
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GlobeNewswire (Mar 8, 2013)
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at CNBC.com (Feb 28, 2013)
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at CNBC.com (Feb 27, 2013)
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at MarketWatch.com (Feb 21, 2013)
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at CNBC.com (Feb 21, 2013)
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GlobeNewswire (Feb 21, 2013)
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GlobeNewswire (Feb 21, 2013)
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GlobeNewswire (Jan 28, 2013)
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GlobeNewswire (Jan 24, 2013)
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GlobeNewswire (Jan 24, 2013)
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at CNBC.com (Dec 19, 2012)
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at CNBC.com (Dec 3, 2012)
LINE vs. ETF Alternatives
Company Description
LINN Energy’s mission is to acquire, develop and maximize cash flow from a growing portfolio of long-life oil and natural gas assets. LINN Energy is an independent oil and natural gas company that began operations in March 2003 and completed its initial public offering (“IPO”) in January 2006. ... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Monday, May 6, 8:58 AM Linn Energy (LINE) -5.1% premarket after a weekend Barron's article warns of a sharp drop if the dividend gets cut. LINE's 7.5% dividend yield has supported the company's high unit price even as its fundamentals have faded; in Q1, LINE failed to produce enough cash to cover its distribution, even by its generous measure of distributable cash flow. LNCO -6.8% premarket. 36 Comments [Energy, On the Move]
- Friday, May 3, 12:24 PM "Oil's well" with these energy stocks - BTE, APC, DVN, NTI, LINE/LNCO - which Corvette Kid says could average 40%-plus total return in 12-18 months. Of Baytex, shares can push $60 if production growth hits forecast targets and heavy oil prices continue to recover. Devon management has all but indicated a sale is on the table, which could bring 60% upside. 5 Comments [Energy, Quick Ideas]
- Friday, April 26, 12:54 PM Linn Energy (LINE -0.8%) is downgraded to Reduce from Neutral with a $34 price target (from $38) at Global Hunter after disappointing Q1 results. The firm is cautious given the reduced guidance, high decline rates, move away from the Hogshooter and general inability to drive growth in DCFPU despite massive development spending and acquisitions. 21 Comments [Energy, Quick Ideas]
- Thursday, April 25, 1:55 PM LINN Energy (LINE) and LinnCo (LNCO) boards approved change in distribution and dividend policies from quarterly to monthly from 2Q13. (PR) 13 Comments [Dividends]
- Thursday, April 25, 6:49 AM Linn Energy (LINE): Q1 EPS of $0.16 misses by $0.08. (PR) Comment! [Earnings, Breaking News]
- Thursday, April 25, 12:05 AM Notable earnings before Thursday’s open: ABC, AIXG, ALK, ALXN, AME, ASPS, AVT, AZN, BC, BG, BIIB, BLL, BMS, BMY, BSX, BWA, CAB, CAM, CCE, CELG, CFX, CL, CMS, CNX, COP, CRR, CSH, D, DAN, DLX, DNKN, DO, DOW, DST, EQT, ESI, ETR, FAF, GPK, GTI, GTLS, HERO, HOG, HP, HSY, IDCC, IMAX, JBLU, KKR, KMT, LEA, LINE, LKQ, LLL, LUV, LVLT, MDP, MJN, MMM, MO, NBL, NLSN, NMM, NYT, O, ODFL, ORI, OXY, PCS, PDS, PH, PHM, POT, PRLB, PTEN, PVR, RCL, RDWR, RRD, RS, RTN, RYN, SCG, SIAL, SUI, SWK, SWY, TASR, TSRA, TWC, UAL, UPS, UTHR, WBC, XOM, YNDX, ZMH Comment! [Earnings]
- Wednesday, April 24, 5:30 PM Notable earnings before Thursday’s open: ABC, AIXG, ALK, ALXN, AME, ASPS, AVT, AZN, BC, BG, BIIB, BLL, BMS, BMY, BSX, BWA, CAB, CAM, CCE, CELG, CFX, CL, CMS, CNX, COP, CRR, CSH, D, DAN, DLX, DNKN, DO, DOW, DST, EQT, ESI, ETR, FAF, GPK, GTI, GTLS, HERO, HOG, HP, HSY, IDCC, IMAX, JBLU, KKR, KMT, LEA, LINE, LKQ, LLL, LUV, LVLT, MDP, MJN, MMM, MO, NBL, NLSN, NMM, NYT, O, ODFL, ORI, OXY, PCS, PDS, PH, PHM, POT, PRLB, PTEN, PVR, RCL, RDWR, RRD, RS, RTN, RYN, SCG, SIAL, SUI, SWK, SWY, TASR, TSRA, TWC, UAL, UPS, UTHR, WBC, XOM, YNDX, ZMH Comment! [Earnings]
- Tuesday, April 23, 5:58 PM Linn Energy, LLC (LINE) declares $0.725/share quarterly dividend, in line with previous. Forward yield 7.45%. For shareholders of record May 08. Payable May 15. Ex-div date May 06. (PR) 1 Comment [Dividends]
- Tuesday, April 9, 10:46 AM Global Hunter sees little upside left in Linn Energy (LINE), downgrading shares to Neutral from Accumulate after rising 7.2% YTD. The firm sees risks in LINE's relatively high enterprise-wide decline rate and relying on acquisitions to grow; "management will need to execute very well" to continue its distribution growth sustainably. 13 Comments [Energy, Quick Ideas]
- Thursday, April 4, 7:37 AM Midstates Petroleum (MPO) agrees to buy oil and gas acreage in the Anadarko Basin in Texas and Oklahoma from Panther Energy and its partners Red Willow Mid-Continent and LINN Energy (LINE) for $620M. MPO says the deal is immediately accretive in 2013 to cash flow per share, earnings, EBITDA, proved reserves and production per share. Comment! [Energy, M&A]
- Friday, March 22, 11:32 AM Trading volume in LinnCo (LNCO -0.3%) ticks up to 1.1M shares vs. average daily volume of 869K, perhaps due to Jim Cramer's apparent endorsement via Twitter. Earlier this week, Linn Energy (LINE -1.5%), owned by LNCO, said it cleared an antitrust hurdle to buy Berry Petroleum (BRY) for $4.3B; the deal was announced last month and is expected to close by the end of June. 6 Comments [Energy]
- Friday, February 22, 1:54 PM John Hempton throws in the towel on his Linn Energy (LINE) short following yesterday's acquisition of Berry Petroleum (BRY). It's a swap of what Hempton believes is near-worthless stock for old, but valuable oil assets. Those assets can generate enough cash to keep what he believes is a Ponzi, rolling for many more years. 12 Comments [Energy, Quick Ideas]
- Thursday, February 21, 9:08 AM A 20% premium, while rich, is doable, Tudor Pickering says of Linn Energy's (LINE) $2.5B purchase of Berry Petroleum (BRY). Linn wants to increase its portfolio of "long lived, shallow decline assets," and can afford to pay up, given its "lower cost of capital and focus on repeatability rather than growth." Premarket, LINE +3.3%, BRY +21.2%, and LinnCo (LNCO), which is facilitating the deal, +4.4%. 1 Comment [M&A, Energy]
- Thursday, February 21, 8:12 AM Linn Energy (LINE) agrees to acquire Berry Petroleum (BRY) for stock worth ~$2.5B, in a total deal valued at $4.3B including assumed debt. As part of the transaction, LinnCo (LNCO) will issue 1.25 shares for each outstanding BRY share, which values BRY at almost $46.24/share, a 19.8% premium to its closing price yesterday. BRY +18.5%, LINE +1.8%, LNCO +2.7% premarket. 3 Comments [Energy, M&A, On the Move]
- Thursday, February 21, 7:03 AM Linn Energy (LINE): Q4 EPS of $0.41 beats by $0.01. (PR) 1 Comment [Earnings, Breaking News]
- Thursday, February 21, 12:05 AM Notable earnings before Thursday’s open: AYR, CHK, CMS, DAN, DDS, DNR, ESV, FAF, FNP, GTXI, HEP, HNZ, HRL, HST, IMAX, IRC, LINE, LXP, PCG, PEG, PKD, PWR, PXP, SCG, SFL, SFY, SUI, SWY, TASR, THI, TK, TNK, WMT, WPRT, ZLC Comment! [Earnings]
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Mayascribe
$LINE shorts finally getting squeezed? LINE's largest holder, Omega Advisors, are "comfortable" with their $200M holdings of LINE - View all 2 replies
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Albert Alfonso
$MEMP and $VNR are lagging today. Hopefully the $LINE bears are not looking for another target. These two do account for hedges in their DCF - View all 0 replies
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Alex Filonov
Closed $LINE call position. A trade is a trade. This lottery ticket won less than I expected, but it's still profit. - View all 0 replies
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Clayton Rulli
Today's News, June 18, 2013 12:23p Leon Cooperman Says he is Comfortable with his Investment in $LINE -TheStreet - View all 2 replies
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Chines33: If you owned 7 million shares of something would you say anything different?
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LATEST REPLIES
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Chris DeMuth Jr.: I would make sure that anyone interested in this investment understands that the act of covering this short can lead to K-1s. -
jaginger: I believe you are better off selling calls if you want to go short here
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Dale Martin
$LINE Unusually high volume today 3X plus. Hopefully some large investor doesn't have inside scoop. - View all 1 replies
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das555: Nothing new according to investor relations. I think the shorts are attacking and shaking out the "stop lossers"...
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Chines33: I don't like the company at all but turning into nice scalping opportunity both ways.
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jmodrkrk: I have yet to see this confirmed anywhere...? can someone provide if true?
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das555: I'm doing my best resolve the difference - buying LINE at what amounts to a short induced discount...
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NuclearNeil
Bought 2000 more $LINE at $29.95 today. Classic short attack to shake out the weak hands. - View all 2 replies
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Chines33: I will be in and out of this trade for pennies so please don't follow me if long term on this.
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losbronces: July is tentative start for monthly distribution (divi for $LNCO) at increased rate. I still think it pops more when that happens. -
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skyraider: check Todd Johnson's post after talking with Linn IR. Just a possible delay....deal still on.
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Mayascribe
I will be on Mad Money tonight in Cramer's Lightning Round with stock pick $LINE, which yields almost 9%, and yet hit a 52 week low today. - View all 2 replies
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Mayascribe: Had to decline to be on MM, due to the idiot that called me and did not explain the terms and conditions; can't buy the stock the same day.
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Chines33: Utilities can also be thrown I with this...probably some Staples too.
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RM13: Well, there is nothing wrong with a little scare to flush the markets... Don't we need it in general market as well? -
A Newell: Me thinks the shorts will need to check there shorts soon.
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Ocean Man: There are some good articles here on SA about the relationship between the three.
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Energysystems: This too shall pass. I'll be happy to reinvest on the cheap and buck the shorts.