GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Linn Energy, Llc (LINE) [hlAlert]

Rating:
Outperform
LINE
down 89.94 %

Linn Energy, Llc (LINE) rated Outperform by Raymond James

Posted on: Tuesday,  Jul 2, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Linn Energy, Llc (NASDAQ: LINE) on 07/02/2013, when the stock price was $28.85. Since
then, Linn Energy, Llc has lost 89.95% as of 12/01/2015's recent price of $2.90.
If you would have followed this Raymond James's recommendation on LINE, you would have lost 89.94% of your investment in 882 days.

Linn Energy, LLC (Linn Energy) is an independent oil and gas company focused on the development and acquisition of long life properties in the United States. The Company?s properties are located in the Mid-Continent and California. Proved reserves as of December 31, 2008 were 1,660 One billion cubic feet (Bcfe), of which approximately 51% were gas, 31% were oil and 18% were natural gas liquids (NGL). Approximately 68% were classified as proved developed. As of December 31, 2008, the Company operated 4,453, or 66%, of its 6,716 gross productive wells. The Company?s properties are located in three regions in the United States: Mid-Continent Deep, which includes the Texas Panhandle Deep Granite Wash formation and deep formations in Oklahoma; Mid-Continent Shallow, which includes the Texas Panhandle Brown Dolomite formation and shallow formations in Oklahoma, and Western, which includes the Brea Olinda Field of the Los Angeles Basin in California.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/2/2013 8:25 AM Buy
None
28.85
as of 12/13/2013
1 Week down  -2.45 %
1 Month up  1.70 %
3 Months up  5.67 %
1 YTD up  3.22 %

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy