Tuesday, September 23, 2014

Top 10 Sliver Companies For 2015

Top 10 Sliver Companies For 2015: LinnCo LLC (LNCO)

Linn Co, LLC (Linn Co) sole purpose is to own LINN Energy, LLC (LINN) units. LINN is independent oil and natural gas company. LINN is focused on the development and acquisition of oil and natural gas properties, which include various producing basins within the United States. LINN's properties are located in eight operating regions, which include Mid-Continent, which includes properties in Oklahoma, Louisiana and the eastern portion of the Texas Panhandle; Hugoton Basin, which includes properties located primarily in Kansas and the Shallow Texas Panhandle; Green River Basin, which includes properties located in southwest Wyoming; Permian Basin, which includes areas in west Texas and southeast New Mexico; Michigan/Illinois, which includes the Antrim Shale formation in the northern part of Michigan and oil properties in southern Illinois; California, which includes the Brea Olinda Field of the Los Angeles Basin; Williston/Powder River Basin, which includes the Bakken forma tion in North Dakota and the Powder River Basin in Wyoming, and East Texas, which includes properties located in east Texas. On March 30, 2012, the Company acquired certain oil and natural gas properties (Properties) located primarily in the Hugoton Basin of Southwestern Kansas from BP America Production Company (BP). On May 1, 2012, LINN completed the acquisition of certain oil and natural gas properties located in east Texas. In December 2013, Linn Energy LLC and Linn Co, LLC (Linn Co) announced the completion of the merger between LinnCo and Berry Petroleum Company (Berry), where LinnCo had acquired all of Berry's interest.

During the year ended December 31, 2011, LINN drilled a total of 294 gross wells. As of June 1, 2012, LINN had interests in approximately 15,000 gross productive wells (approximately 71% operated) and approximately 1.8 million net acres across seven region! s in the United States.

Advisors' Opinion:
  • [By Ben Levisohn]

    Howard Weil’s Brian Corales explains why he thinks 2015 will be a good year for Linn Energy (LINE) and LinnCo (LNCO):

    Bloomberg/ Brett Gundlock

    Last year was riddled with regulatory hurdles and scrutiny over maintenance CAPEX and hedges. This has resulted in Linn Energy going back to the basics focusing on shallow decline assets while monetizing the sexy high flow rate wells and non-producing shale acreage. As a result, we think this eventually leads to a better market acceptance and ultimately a higher stock price. With the monetization/trade of the Granite Wash and Permian assets, Linn Energy should have an improved balance sheet and shallower corporate declines…

  • [By Ben Levisohn]

    Not that an investors needs to choose just one, but Raymond James has a clear preference for LinnCo (LNCO) over Linn Energy (LINE). Raymond James analysts Kevin Smith and Jeff Schmidt explain why:

  • [By Adam Galas]

    Linn Energy: growth you can believe in
    I view Linn Energy and its non-MLP alternative LinnCo (NASDAQ: LNCO  )  as one of the highest quality high-yield investments in America, specifically because of its strong track record of accretive acquisitions and growth (60 acquisitions worth $15 billion since its 2006 IPO).

  • source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-sliver-companies-for-2015-2.html

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