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Linn Energy, Llc (LINE) [hlAlert]

down 89.13 %

Linn Energy, Llc (LINE) rated Buy with price target $38 by UBS

Posted on: Friday,  Oct 29, 2010  12:25 PM ET by UBS

UBS rated Buy Linn Energy, Llc (NASDAQ: LINE) on 10/29/2010. Previously UBS rated Buy Linn Energy, Llc (NASDAQ: LINE) on 07/02/2010.,
when the stock price was $26.70. Since then, Linn Energy, Llc has lost 89.14% as of 12/01/2015's recent price of $2.90.
If you would have followed the previous UBS's recommendation on LINE, you would have lost 89.13% of your investment in 1978 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/29/2010 12:25 PM Buy
34.75 38.00
as of 12/31/2010
1 Week up  1.68 %
1 Month up  4.62 %
3 Months up  18.83 %
1 YTD up  9.29 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2010 12:25 PM Buy
30.52 32.00
7/2/2010 11:25 AM Buy
26.70 31.00

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