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LINN Energy (LINE)

Posted on 12/4/14 at 10:04 am
Posted by Haydo
DTX
Member since Jul 2011
2942 posts
Posted on 12/4/14 at 10:04 am
What do yall think about this stock? Currently looks to be a good buy, they are looking to dump around $2B in assets to reduce their debt this coming year, have a good portion of their assets hedged at $90 a barrel.
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 12/4/14 at 10:18 am to
Been watching them for a little while. High dividend (16%), but they had some controversy last summer that drove the price down. They acquired Berry Petroleum in California last year also. Not sure if that was a good move or not.
Posted by Dooshay
CEBA
Member since Jun 2011
29879 posts
Posted on 12/4/14 at 10:13 pm to
LinnCo also. They have a nice monthly dividend.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/4/14 at 10:14 pm to
DOOOOOOSSSHHHH
Posted by Dooshay
CEBA
Member since Jun 2011
29879 posts
Posted on 12/4/14 at 10:16 pm to
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/4/14 at 10:18 pm to
:coco2:
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