Saturday, July 12, 2014

Top 10 Energy Stocks To Invest In Right Now

Top 10 Energy St ocks To Invest In Right Now: 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 a! cres across seven regions in the United States.

Advisors' Opinion:
  • [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).

  • [By Tyler Crowe]

    If you're looking for income investments, then it's awfully hard to argue with the massive distribution payments from LINN Energy (NASDAQ: LINE  ) (NASDAQ: LNCO  ) , Breitburn Energy Partners (NASDAQ: BBEP  ) , and Vanguard Natural Resources (NASDAQ: VNR  ) . Thing is, though, income investments need both a decent yield and a level of certainty that it will keep that distribution going for many years to come. Other than being high-yielding investments, they are also all master limited partnerships, which means you need to look beyond just the operations to see how these companies will stand the test of time.

  • [By Ben Levisohn]

    Shares of Linn Energy have gained 0.6% to $28.45 at 3:12 p.m. today, while LinnCo (LNCO) has risen 0.4% to $27.59. ExxonMobil has fallen 0.5% to $101.52.

  • [By Jayson Derrick]

    Analysts at Citigroup downgraded LinnCo (NASDAQ: LNCO) to Neutral from Buy with a price target lowered to $31.50 from a previous $41. Shares lost 0.80 percent, closing at $27.43.

  • source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-energy-stocks-to-invest-in-right-now-2.html

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