LINN Energy Finalizes Strategic Alliance With Quantum Energy Partners
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UBS Cuts Price Target on LINN Energy (LINE) Following Announced Asset Sales
July 7, 2015 10:09 AM EDTUBS reiterates a Sell rating on LINN Energy (NASDAQ: LINE), and cut the price target to $7.75 (from $10.00) following announced asset sales. LINN announced that the sale of its remaining Wolfcamp Acreage, and closed strategic alliances with Quantum Energy Partners and GSO.
Analyst Shneur... More
UBS Cuts Price Target on LinnCo (LNCO) Following Announced Asset Sales
July 7, 2015 9:55 AM EDTUBS reiterates a Sell rating on Linn Co, LLC (NASDAQ: LNCO), and cut the price target to $8.00 (from $9.00) following announced asset sales. LINN announced that the sale of its remaining Wolfcamp Acreage, and closed strategic alliances with Quantum Energy Partners and GSO.
Analyst Shneur... More
LinnCo (LNCO) Finalizes Agreement with Quantum Energy Partners
July 6, 2015 7:03 AM EDTLINN Energy, LLC (Nasdaq: LINE) ("LINN" or the "Company") and LinnCo, LLC (Nasdaq: LNCO) ("LinnCo") announced that LINN has signed definitive agreements with private capital investor Quantum Energy Partners ("Quantum") to fund selected future oil and natural gas acquisitions and the development of acquired assets ("QL Energy I, LLC" or "AcqCo").
Quantum has agreed to initially commit up to $1 billion of equity capital to fund acquisitions and development of oil and natural gas assets. LINN will have the ability to participate in all acquisition opportunities with a... More
