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Linn Energy, Llc (LINE) [hlAlert]

Rating:
Buy LINE
down 88.07 %

Linn Energy, Llc (LINE) upgraded to Buy by BofA/Merrill

Posted on: Monday,  Jul 8, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Linn Energy, Llc (NASDAQ: LINE) on 07/08/2013, when the stock price was $24.31. Since
then, Linn Energy, Llc has lost 88.07% as of 12/01/2015's recent price of $2.90.
If you would have followed this BofA/Merrill's recommendation on LINE, you would have lost 88.07% of your investment in 876 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.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/8/2013 8:25 AM Buy
None
24.31
as of 12/13/2013
1 Week down  -2.45 %
1 Month up  1.70 %
3 Months up  5.67 %
1 YTD up  22.50 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/21/2012 8:25 AM Hold
None
39.07

(*) Stock Price at the time of the recommendation.
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