UBS Cuts Price Target on LinnCo (LNCO) Following Announced Asset Sales

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Go back to UBS Cuts Price Target on LinnCo (LNCO) Following Announced Asset Sales

LINN Energy Finalizes Strategic Alliance With GSO Partners

July 6, 2015 7:15 AM EDT

HOUSTON, July 6, 2015 (GLOBE NEWSWIRE) -- LINN Energy, LLC (NASDAQ: LINE) ("LINN" or the "Company") and LinnCo, LLC (NASDAQ: LNCO) ("LinnCo") announced today that LINN has signed a formal agreement with private capital investor GSO Capital Partners L.P. ("GSO"), the credit platform of The Blackstone Group L.P. (NYSE: BX) ("Blackstone"), to fund oil and natural gas development (the "DrillCo Agreement").

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LINN Energy Finalizes Strategic Alliance With GSO Partners

July 6, 2015 7:15 AM EDT

HOUSTON, July 6, 2015 (GLOBE NEWSWIRE) -- LINN Energy, LLC (NASDAQ: LINE) ("LINN" or the "Company") and LinnCo, LLC (NASDAQ: LNCO) ("LinnCo") announced today that LINN has signed a formal agreement with private capital investor GSO Capital Partners L.P. ("GSO"), the credit platform of The Blackstone Group L.P. (NYSE: BX) ("Blackstone"), to fund oil and natural gas development (the "DrillCo Agreement").

... More

LINN Energy Finalizes Strategic Alliance With Quantum Energy Partners

July 6, 2015 7:00 AM EDT

HOUSTON, July 6, 2015 (GLOBE NEWSWIRE) -- LINN Energy, LLC (NASDAQ: LINE) ("LINN" or the "Company") and LinnCo, LLC (NASDAQ: LNCO) ("LinnCo") announced today 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").

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LINN Energy Finalizes Strategic Alliance With Quantum Energy Partners

July 6, 2015 7:00 AM EDT

HOUSTON, July 6, 2015 (GLOBE NEWSWIRE) -- LINN Energy, LLC (NASDAQ: LINE) ("LINN" or the "Company") and LinnCo, LLC (NASDAQ: LNCO) ("LinnCo") announced today 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").

... More

LINN Energy Announces Sale of Remaining Permian Basin Wolfcamp Acreage for $281 Million

July 6, 2015 6:45 AM EDT

HOUSTON, July 6, 2015 (GLOBE NEWSWIRE) -- LINN Energy, LLC (NASDAQ: LINE) ("LINN" or the "Company") and LinnCo, LLC (NASDAQ: LNCO) ("LinnCo") announced today that LINN has signed a definitive agreement to sell its remaining position in Howard County in the Permian Basin for a contract price of $281 million. The transaction is expected to close in the third quarter 2015 with an effective date of May 1, 2015.

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LINN Energy Announces Sale of Remaining Permian Basin Wolfcamp Acreage for $281 Million

July 6, 2015 6:45 AM EDT

HOUSTON, July 6, 2015 (GLOBE NEWSWIRE) -- LINN Energy, LLC (NASDAQ: LINE) ("LINN" or the "Company") and LinnCo, LLC (NASDAQ: LNCO) ("LinnCo") announced today that LINN has signed a definitive agreement to sell its remaining position in Howard County in the Permian Basin for a contract price of $281 million. The transaction is expected to close in the third quarter 2015 with an effective date of May 1, 2015.

... More