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  • The 'Reflation' Top Ten Portfolio [View article]
    A good list based on what seems like a sensible approach to viewing the world.

    One other potential energy trade that was highlighted in Barron's within the past few weeks was Linn Energy, LLC (LINE). It currently trades around $16 and yields about 15.7%. It was trading just over $12 when the Barrons article hit the pavement. Up nearly 25% since and still not a bad deal.

    Per Yahoo Finance:

    Linn Energy, LLC, through its subsidiaries, engages in the development and acquisition of gas and oil properties in the United States. The company has oil and gas, and natural gas reserves in Mid-Continent, which includes the Texas Panhandle operating area; and Western region comprising the Brea Olinda field of the Los Angeles Basin in California. As of December 31, 2007 the company had proved reserves of 1,945.5 billion cubic feet equivalent of oil and gas, and natural gas liquids. It also operated 7,305 gross productive wells.

    finance.yahoo.com/q?s=...

    www.linnenergy.com

    This is only information, not a recommendation. You are responsible for your own investment decisions. Do your own research before committing any money.

    I do not have any position in LINE.
    Jan 07 10:16 am |Rating: +1 -1 |Link to Comment
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