Linn Co Llc (LNCO) 0.12 $LNCO
Delisting of Securities of Birner Dental Management Services, Inc., Breitburn Energy Partners LP, Code Rebel Corporation, Linn Energy, LLC, Linn Co, LLC, and Enzon Pharmaceuticals, Inc. from The Nasdaq Stock Market
GlobeNewswire - Thu Jun 09, 3:05PM CDT
The Nasdaq Stock Market announced today that it will delist the common stock of Birner Dental Management Services, Inc. Birner Dental Management Services, Inc.'s stock was suspended on May 26, 2016 and has not traded on Nasdaq since that time.
LNCO: 0.12 (unch), NDAQ: 65.58 (-0.08)
LinnCo Announces Extension of Subsequent Offering Period for Exchange Offer for LINN Energy Units
GlobeNewswire - Tue May 24, 6:20AM CDT
LinnCo, LLC (OTC:LNCOQ) ("LinnCo"
today announced that it has extended the subsequent offering period in connection with its offer to exchange each outstanding unit of LINN Energy, LLC (OTC:LINEQ) ("LINN" for one LinnCo share (the "Exchange Offer" upon the terms and conditions of the Prospectus/Offer to Exchange dated April 26, 2016 (as amended, the "Prospectus" , and the accompanying Amended and Restated Letter of Transmittal (the "Letter of Transmittal" .
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LINN Energy and LinnCo Receive NASDAQ Delisting Notification
GlobeNewswire - Mon May 23, 4:03PM CDT
LINN Energy, LLC (NASDAQ:LINE) ("LINN" and LinnCo, LLC (NASDAQ:LNCO) ("LinnCo" and together with LINN the "Companies" today announced that NASDAQ determined that LINN and LinnCo securities will be delisted from The NASDAQ Stock Market. Trading of LINN and LinnCo securities will be suspended prior to the open of the market on Tuesday, May 24, 2016, and NASDAQ will file a Form 25-NSE with the Securities and Exchange Commission, which will remove the Companies' securities from listing and registration on The NASDAQ Stock Market. LINN and LinnCo securities are expected to begin trading on the OTC Pink Sheets marketplace on Tuesday, May 24, 2016, under the symbols LINEQ and LNCOQ.
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
Four Penny Stocks To Watch Today, Friday, May 20
ACCESSWIRE - Fri May 20, 1:02PM CDT
MIAMI, FL / ACCESSWIRE / May 20, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch BBEP, RXMD, LNCO, andALQA have been added to our watch list today. Continue reading to find out why. - To get daily alerts on top stocks on the OTC, Nasdaq and NYSE subscribe to our newsletter at DailyStockReporter.com.
LNCO: 0.12 (unch), BBEP: 0.13 (unch), ALQA: 1.11 (-0.03)
LINN Energy, LinnCo and Berry Petroleum Receive Court Approval of "First Day" Motions to Support Business
GlobeNewswire - Fri May 13, 5:27PM CDT
LINN Energy, LLC (NASDAQ:LINE) ("LINN" , LinnCo, LLC (NASDAQ:LNCO) ("LinnCo" , and Berry Petroleum Company, LLC ("Berry," and with LINN and LinnCo, the "Company" announced today that the United States Bankruptcy Court for the Southern District of Texas has granted the relief requested by the Company in key first day motions related to ordinary course business activities. The approved motions give the Company the authority to, among other things, continue to pay employee wages and benefits without interruption, to utilize its current cash management system, and to make royalty payments.
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LINN ENERGY, LINNCO AND BERRY PETROLEUM ENTER RESTRUCTURING SUPPORT AGREEMENT WITH FIRST LIEN LENDERS
GlobeNewswire - Wed May 11, 3:36PM CDT
LINN, LinnCo and Berry to Voluntarily File for Chapter 11 to Implement Debt Restructuring
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
Securities Law Firm of Mark A. Tepper, P.A. Investigating Alleged Claims against Merrill Lynch for recommending Breitburn Energy Partners LP, LINN Energy LLC, LinnCo LLC
PR Newswire - Mon May 02, 8:38AM CDT
The Mark A. Tepper securities law firm is currently investigating alleged claims against Merrill Lynch and other brokerage firms for recommending Breitburn Energy Partners LP and/or LINN Energy LLC, LinnCo LLC.
LNCO: 0.12 (unch), BBEP: 0.13 (unch), LINE: 0.18 (+0.02)
Was LinnCo LLC's Exchange Offer Really a Success?
Matthew DiLallo, The Motley Fool - Motley Fool - Tue Apr 26, 2:04PM CDT
Image source: LINN Energy LLC. LinnCo announced today that it had successfully completed its exchange offer for units of its parent company, LINN Energy . It's a move both entities are making in order to potentially save LINN Energy...
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LinnCo Successfully Completes Exchange Offer for LINN Energy Units and Commences Subsequent Offering Period
GlobeNewswire - Tue Apr 26, 6:44AM CDT
LinnCo, LLC (NASDAQ:LNCO) ("LinnCo" today announced that it has successfully completed its offer to exchange each outstanding unit of LINN Energy, LLC (NASDAQ:LINE) ("LINN" for one LinnCo share (the "Exchange Offer" upon the terms and conditions of the Prospectus/Offer to Exchange dated April 26, 2016 (the "Prospectus" and the accompanying Amended and Restated Letter of Transmittal (the "Letter of Transmittal" .
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LinnCo Issues Reminder Regarding Exchange Offer for LINN Energy Units
GlobeNewswire - Fri Apr 22, 4:33PM CDT
LinnCo, LLC (NASDAQ:LNCO) ("LinnCo" today issued a reminder to unitholders of LINN Energy, LLC (NASDAQ:LINE) ("LINN" about the previously announced offer to exchange each outstanding unit of LINN for one LinnCo share (the "Exchange Offer" . The Exchange Offer will expire at 12:00 midnight, New York City time, on April 25, 2016. All of the previously disclosed terms and conditions of the Exchange Offer remain unchanged.
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LinnCo Announces Extension of Exchange Offer
GlobeNewswire - Mon Apr 18, 6:45AM CDT
LinnCo, LLC (NASDAQ:LNCO) ("LinnCo" announced today that it has extended the expiration of its previously announced offer to exchange each outstanding unit of LINN Energy, LLC (NASDAQ:LINE) ("LINN" for one LinnCo share (the "Exchange Offer" to 12:00 midnight, New York City time, on April 25, 2016. All of the other terms and conditions of the Exchange Offer remain unchanged.
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LINN Energy Announces Payment of Interest Due Under Certain Senior Notes; Provides Update on Strategic Alternatives Process; Enters Into Amendments to Credit Facilities
GlobeNewswire - Fri Apr 15, 6:30AM CDT
LINN Energy, LLC ("LINN" or "Company" (NASDAQ:LINE) and LinnCo, LLC (NASDAQ:LNCO) announced that LINN and Berry Petroleum Company, LLC ("Berry" made interest payments on April 14, 2016 of approximately $30 million on LINN's 7.75% senior notes due February 2021, $12 million on LINN's 6.50% senior notes due September 2021 and approximately $18 million on Berry's senior notes due September 2022 within the applicable 30-day period provided in the indentures governing the notes, for which payment had been previously deferred from the original due date of March 15, 2016.
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
Top Penny Stocks: Four Trending Small Cap Stocks on Tuesday April 12
ACCESSWIRE - Tue Apr 12, 11:04AM CDT
MIAMI, FL / ACCESSWIRE / April 12th, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch. LNCO, AMMJ, FREE, and HPJ have been added to our watch list today. Continue reading to find out why. - To get daily alerts on top stocks on the OTC, Nasdaq and NYSE subscribe to our newsletter at DailyStockReporter.com.
FREE: 1.15 (-0.52), LNCO: 0.12 (unch), HPJ: 2.02 (+0.09)
The Zacks Analyst Blog Highlights: QLT, Twitter, Aegerion Pharmaceuticals, Linn and Lenovo Group
Zacks Equity Research - Zacks Investment Research - Thu Apr 07, 8:30AM CDT
The Zacks Analyst Blog Highlights: QLT, Twitter, Aegerion Pharmaceuticals, Linn and Lenovo Group
QLTI: 1.50 (-0.04), LNCO: 0.12 (unch), AEGR: 1.37 (-0.13), TWTR: 14.02 (-0.58)
5 Stocks Near 52-Week Lows But Still Worth Buying
Zacks Equity Research - Zacks Investment Research - Wed Apr 06, 10:31AM CDT
These stocks are priced close to their 52-week low at the moment and offer an excellent bargain to investors.
QLTI: 1.50 (-0.04), LNCO: 0.12 (unch), GOOGL: 733.19 (-9.33), AEGR: 1.37 (-0.13), TWTR: 14.02 (-0.58)
LINN Energy Enters Into a Settlement Agreement With Certain Senior Secured Second Lien Noteholders
GlobeNewswire - Tue Apr 05, 4:27PM CDT
LINN Energy, LLC (NASDAQ:LINE) ("LINN" or the "Company" announced today that LINN has entered into a settlement agreement (the "Settlement Agreement" with certain holders of the Company's $1.0 billion of outstanding 12 percent Senior Secured Second Lien Notes due 2020 (the "Second Lien Notes" , which collectively hold more than two-thirds of the outstanding principal amount of the Second Lien Notes. Under the terms of the Settlement Agreement, the Company delivered the mortgages associated with the Second Lien Notes and is no longer in default under the Indenture governing the Second Lien Notes.
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LinnCo Announces Commencement of Exchange Offer
GlobeNewswire - Tue Mar 22, 4:17PM CDT
LinnCo, LLC (NASDAQ:LNCO) ("LinnCo" announced today that LinnCo has commenced an offer to exchange each outstanding unit of LINN Energy, LLC (NASDAQ:LINE) ("LINN" for one LinnCo share (the "Exchange Offer" . The Exchange Offer is being made upon and is subject to the terms and conditions set forth in the Prospectus/Offer to Exchange dated March 22, 2016 (the "Prospectus" and the accompanying Letter of Transmittal dated March 22, 2016. The Exchange Offer will expire at 12:00 midnight, New York City time, on April 18, 2016, unless extended or earlier terminated by LinnCo (the "Expiration Date" . Tenders of the LINN units may be withdrawn at any time at or prior to the Expiration Date.
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
Oil Sector Report Analyst Coverage; Oil Producers with Near Term Prospects
ACCESSWIRE - Mon Mar 21, 7:47AM CDT
NEW YORK, NY / ACCESSWIRE / March 21, 2016 / Ultra Petroleum Corp. (NYSE: UPL), Linn Co, LLC (NASDAQ: LNCO), EXCO Resources Inc. (NYSE: XCO), and Triangle Petroleum Corporation (NYSE: TPLM) are four companies in the independent oil and gas sector expected to make big moves in 2016 as the rally in oil begins. Oil prices hit 2016 highs on Thursday March 17, 2016, with U.S. crude surging 5 per cent to pierce the $40 barrier, on optimism that major producers will strike an output freeze deal next month amid rising crude exports and gasoline demand in the United States. A weaker dollar after a Federal Reserve policy decision on Wednesday that indicated two U.S. rate hikes this year instead of four also drew oil buyers using currencies such as the euro. OPEC kingpin Saudi Arabia and non-OPEC producers led by Russia will meet on April 17 in the Qatar capital Doha, aiming for the first global supply deal in 15 years. Oil prices have surged more than 50 per cent from 12-year lows since the Organization of the Petroleum Exporting Countries floated the idea of a production freeze, boosting Brent up from around $27 a barrel and U.S. crude from around $26.
LNCO: 0.12 (unch), UPL: 0.31 (unch), XCO: 1.12 (-0.09), TPLM: 0.38 (-0.23)
LINN Energy Announces 2015 K-1 Tax Packages Now Available
GlobeNewswire - Wed Mar 16, 5:45AM CDT
LINN Energy, LLC (NASDAQ:LINE) announced today that LINN Energy's 2015 Individual Tax Reporting Packages, including Schedule K-1, are now available to download from the company's website and may be accessed at https://www.taxpackagesupport.com/linnenergy. LINN Energy expects to finish mailing the 2015 Individual Tax Reporting Packages to its unitholders by March 21, 2016. For additional information, unitholders may call the K-1 Tax Package Support Line toll free at (800) 203-5179.
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LINN Energy Announces Fourth Quarter and Full-Year 2015 Results; Announces 2016 Outlook
GlobeNewswire - Tue Mar 15, 5:45AM CDT
LINN Energy, LLC (NASDAQ:LINE) ("LINN" or the "Company" and LinnCo, LLC (NASDAQ:LNCO) ("LinnCo" announced today financial and operating results for the fourth quarter and year ended December 31, 2015, and outlook for 2016.
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
Delisting of Securities of Birner Dental Management Services, Inc., Breitburn Energy Partners LP, Code Rebel Corporation, Linn Energy, LLC, Linn Co, LLC, and Enzon Pharmaceuticals, Inc. from The Nasdaq Stock Market
GlobeNewswire - Thu Jun 09, 3:05PM CDT
The Nasdaq Stock Market announced today that it will delist the common stock of Birner Dental Management Services, Inc. Birner Dental Management Services, Inc.'s stock was suspended on May 26, 2016 and has not traded on Nasdaq since that time.
LNCO: 0.12 (unch), NDAQ: 65.58 (-0.08)
LinnCo Announces Extension of Subsequent Offering Period for Exchange Offer for LINN Energy Units
GlobeNewswire - Tue May 24, 6:20AM CDT
LinnCo, LLC (OTC:LNCOQ) ("LinnCo"
today announced that it has extended the subsequent offering period in connection with its offer to exchange each outstanding unit of LINN Energy, LLC (OTC:LINEQ) ("LINN" for one LinnCo share (the "Exchange Offer" upon the terms and conditions of the Prospectus/Offer to Exchange dated April 26, 2016 (as amended, the "Prospectus" , and the accompanying Amended and Restated Letter of Transmittal (the "Letter of Transmittal" . LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LINN Energy and LinnCo Receive NASDAQ Delisting Notification
GlobeNewswire - Mon May 23, 4:03PM CDT
LINN Energy, LLC (NASDAQ:LINE) ("LINN"
and LinnCo, LLC (NASDAQ:LNCO) ("LinnCo" and together with LINN the "Companies" today announced that NASDAQ determined that LINN and LinnCo securities will be delisted from The NASDAQ Stock Market. Trading of LINN and LinnCo securities will be suspended prior to the open of the market on Tuesday, May 24, 2016, and NASDAQ will file a Form 25-NSE with the Securities and Exchange Commission, which will remove the Companies' securities from listing and registration on The NASDAQ Stock Market. LINN and LinnCo securities are expected to begin trading on the OTC Pink Sheets marketplace on Tuesday, May 24, 2016, under the symbols LINEQ and LNCOQ. LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
Four Penny Stocks To Watch Today, Friday, May 20
ACCESSWIRE - Fri May 20, 1:02PM CDT
MIAMI, FL / ACCESSWIRE / May 20, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch BBEP, RXMD, LNCO, andALQA have been added to our watch list today. Continue reading to find out why. - To get daily alerts on top stocks on the OTC, Nasdaq and NYSE subscribe to our newsletter at DailyStockReporter.com.
LNCO: 0.12 (unch), BBEP: 0.13 (unch), ALQA: 1.11 (-0.03)
LINN Energy, LinnCo and Berry Petroleum Receive Court Approval of "First Day" Motions to Support Business
GlobeNewswire - Fri May 13, 5:27PM CDT
LINN Energy, LLC (NASDAQ:LINE) ("LINN"
, LinnCo, LLC (NASDAQ:LNCO) ("LinnCo" , and Berry Petroleum Company, LLC ("Berry," and with LINN and LinnCo, the "Company" announced today that the United States Bankruptcy Court for the Southern District of Texas has granted the relief requested by the Company in key first day motions related to ordinary course business activities. The approved motions give the Company the authority to, among other things, continue to pay employee wages and benefits without interruption, to utilize its current cash management system, and to make royalty payments. LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LINN ENERGY, LINNCO AND BERRY PETROLEUM ENTER RESTRUCTURING SUPPORT AGREEMENT WITH FIRST LIEN LENDERS
GlobeNewswire - Wed May 11, 3:36PM CDT
LINN, LinnCo and Berry to Voluntarily File for Chapter 11 to Implement Debt Restructuring
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
Securities Law Firm of Mark A. Tepper, P.A. Investigating Alleged Claims against Merrill Lynch for recommending Breitburn Energy Partners LP, LINN Energy LLC, LinnCo LLC
PR Newswire - Mon May 02, 8:38AM CDT
The Mark A. Tepper securities law firm is currently investigating alleged claims against Merrill Lynch and other brokerage firms for recommending Breitburn Energy Partners LP and/or LINN Energy LLC, LinnCo LLC.
LNCO: 0.12 (unch), BBEP: 0.13 (unch), LINE: 0.18 (+0.02)
Was LinnCo LLC's Exchange Offer Really a Success?
Matthew DiLallo, The Motley Fool - Motley Fool - Tue Apr 26, 2:04PM CDT
Image source: LINN Energy LLC. LinnCo announced today that it had successfully completed its exchange offer for units of its parent company, LINN Energy . It's a move both entities are making in order to potentially save LINN Energy...
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LinnCo Successfully Completes Exchange Offer for LINN Energy Units and Commences Subsequent Offering Period
GlobeNewswire - Tue Apr 26, 6:44AM CDT
LinnCo, LLC (NASDAQ:LNCO) ("LinnCo"
today announced that it has successfully completed its offer to exchange each outstanding unit of LINN Energy, LLC (NASDAQ:LINE) ("LINN" for one LinnCo share (the "Exchange Offer" upon the terms and conditions of the Prospectus/Offer to Exchange dated April 26, 2016 (the "Prospectus" and the accompanying Amended and Restated Letter of Transmittal (the "Letter of Transmittal" . LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LinnCo Issues Reminder Regarding Exchange Offer for LINN Energy Units
GlobeNewswire - Fri Apr 22, 4:33PM CDT
LinnCo, LLC (NASDAQ:LNCO) ("LinnCo"
today issued a reminder to unitholders of LINN Energy, LLC (NASDAQ:LINE) ("LINN" about the previously announced offer to exchange each outstanding unit of LINN for one LinnCo share (the "Exchange Offer" . The Exchange Offer will expire at 12:00 midnight, New York City time, on April 25, 2016. All of the previously disclosed terms and conditions of the Exchange Offer remain unchanged. LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LinnCo Announces Extension of Exchange Offer
GlobeNewswire - Mon Apr 18, 6:45AM CDT
LinnCo, LLC (NASDAQ:LNCO) ("LinnCo"
announced today that it has extended the expiration of its previously announced offer to exchange each outstanding unit of LINN Energy, LLC (NASDAQ:LINE) ("LINN" for one LinnCo share (the "Exchange Offer" to 12:00 midnight, New York City time, on April 25, 2016. All of the other terms and conditions of the Exchange Offer remain unchanged. LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LINN Energy Announces Payment of Interest Due Under Certain Senior Notes; Provides Update on Strategic Alternatives Process; Enters Into Amendments to Credit Facilities
GlobeNewswire - Fri Apr 15, 6:30AM CDT
LINN Energy, LLC ("LINN" or "Company"
(NASDAQ:LINE) and LinnCo, LLC (NASDAQ:LNCO) announced that LINN and Berry Petroleum Company, LLC ("Berry" made interest payments on April 14, 2016 of approximately $30 million on LINN's 7.75% senior notes due February 2021, $12 million on LINN's 6.50% senior notes due September 2021 and approximately $18 million on Berry's senior notes due September 2022 within the applicable 30-day period provided in the indentures governing the notes, for which payment had been previously deferred from the original due date of March 15, 2016. LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
Top Penny Stocks: Four Trending Small Cap Stocks on Tuesday April 12
ACCESSWIRE - Tue Apr 12, 11:04AM CDT
MIAMI, FL / ACCESSWIRE / April 12th, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch. LNCO, AMMJ, FREE, and HPJ have been added to our watch list today. Continue reading to find out why. - To get daily alerts on top stocks on the OTC, Nasdaq and NYSE subscribe to our newsletter at DailyStockReporter.com.
FREE: 1.15 (-0.52), LNCO: 0.12 (unch), HPJ: 2.02 (+0.09)
The Zacks Analyst Blog Highlights: QLT, Twitter, Aegerion Pharmaceuticals, Linn and Lenovo Group
Zacks Equity Research - Zacks Investment Research - Thu Apr 07, 8:30AM CDT
The Zacks Analyst Blog Highlights: QLT, Twitter, Aegerion Pharmaceuticals, Linn and Lenovo Group
QLTI: 1.50 (-0.04), LNCO: 0.12 (unch), AEGR: 1.37 (-0.13), TWTR: 14.02 (-0.58)
5 Stocks Near 52-Week Lows But Still Worth Buying
Zacks Equity Research - Zacks Investment Research - Wed Apr 06, 10:31AM CDT
These stocks are priced close to their 52-week low at the moment and offer an excellent bargain to investors.
QLTI: 1.50 (-0.04), LNCO: 0.12 (unch), GOOGL: 733.19 (-9.33), AEGR: 1.37 (-0.13), TWTR: 14.02 (-0.58)
LINN Energy Enters Into a Settlement Agreement With Certain Senior Secured Second Lien Noteholders
GlobeNewswire - Tue Apr 05, 4:27PM CDT
LINN Energy, LLC (NASDAQ:LINE) ("LINN" or the "Company"
announced today that LINN has entered into a settlement agreement (the "Settlement Agreement" with certain holders of the Company's $1.0 billion of outstanding 12 percent Senior Secured Second Lien Notes due 2020 (the "Second Lien Notes" , which collectively hold more than two-thirds of the outstanding principal amount of the Second Lien Notes. Under the terms of the Settlement Agreement, the Company delivered the mortgages associated with the Second Lien Notes and is no longer in default under the Indenture governing the Second Lien Notes. LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LinnCo Announces Commencement of Exchange Offer
GlobeNewswire - Tue Mar 22, 4:17PM CDT
LinnCo, LLC (NASDAQ:LNCO) ("LinnCo"
announced today that LinnCo has commenced an offer to exchange each outstanding unit of LINN Energy, LLC (NASDAQ:LINE) ("LINN" for one LinnCo share (the "Exchange Offer" . The Exchange Offer is being made upon and is subject to the terms and conditions set forth in the Prospectus/Offer to Exchange dated March 22, 2016 (the "Prospectus" and the accompanying Letter of Transmittal dated March 22, 2016. The Exchange Offer will expire at 12:00 midnight, New York City time, on April 18, 2016, unless extended or earlier terminated by LinnCo (the "Expiration Date" . Tenders of the LINN units may be withdrawn at any time at or prior to the Expiration Date. LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
Oil Sector Report Analyst Coverage; Oil Producers with Near Term Prospects
ACCESSWIRE - Mon Mar 21, 7:47AM CDT
NEW YORK, NY / ACCESSWIRE / March 21, 2016 / Ultra Petroleum Corp. (NYSE: UPL), Linn Co, LLC (NASDAQ: LNCO), EXCO Resources Inc. (NYSE: XCO), and Triangle Petroleum Corporation (NYSE: TPLM) are four companies in the independent oil and gas sector expected to make big moves in 2016 as the rally in oil begins. Oil prices hit 2016 highs on Thursday March 17, 2016, with U.S. crude surging 5 per cent to pierce the $40 barrier, on optimism that major producers will strike an output freeze deal next month amid rising crude exports and gasoline demand in the United States. A weaker dollar after a Federal Reserve policy decision on Wednesday that indicated two U.S. rate hikes this year instead of four also drew oil buyers using currencies such as the euro. OPEC kingpin Saudi Arabia and non-OPEC producers led by Russia will meet on April 17 in the Qatar capital Doha, aiming for the first global supply deal in 15 years. Oil prices have surged more than 50 per cent from 12-year lows since the Organization of the Petroleum Exporting Countries floated the idea of a production freeze, boosting Brent up from around $27 a barrel and U.S. crude from around $26.
LNCO: 0.12 (unch), UPL: 0.31 (unch), XCO: 1.12 (-0.09), TPLM: 0.38 (-0.23)
LINN Energy Announces 2015 K-1 Tax Packages Now Available
GlobeNewswire - Wed Mar 16, 5:45AM CDT
LINN Energy, LLC (NASDAQ:LINE) announced today that LINN Energy's 2015 Individual Tax Reporting Packages, including Schedule K-1, are now available to download from the company's website and may be accessed at https://www.taxpackagesupport.com/linnenergy. LINN Energy expects to finish mailing the 2015 Individual Tax Reporting Packages to its unitholders by March 21, 2016. For additional information, unitholders may call the K-1 Tax Package Support Line toll free at (800) 203-5179.
LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
LINN Energy Announces Fourth Quarter and Full-Year 2015 Results; Announces 2016 Outlook
GlobeNewswire - Tue Mar 15, 5:45AM CDT
LINN Energy, LLC (NASDAQ:LINE) ("LINN" or the "Company"
and LinnCo, LLC (NASDAQ:LNCO) ("LinnCo" announced today financial and operating results for the fourth quarter and year ended December 31, 2015, and outlook for 2016. LNCO: 0.12 (unch), LINE: 0.18 (+0.02)
