Any comments of the recent drop in LINE???
Re: Any comments of the recent drop in LINE???
This is a good analysis of what is going on.
http://seekingalpha.com/article/1412521 ... urce=yahoo
LINE should benefit from an improving North American natural gas market. I believe we will see $5.00/mcf by year-end.
Also, as pointed out in the article above, LINE is going to paying dividends monthly. This will make it more painful to be short the units.
BTW I really liked Berry Petroleum, so I view that deal as a plus for LINE.
http://seekingalpha.com/article/1412521 ... urce=yahoo
LINE should benefit from an improving North American natural gas market. I believe we will see $5.00/mcf by year-end.
Also, as pointed out in the article above, LINE is going to paying dividends monthly. This will make it more painful to be short the units.
BTW I really liked Berry Petroleum, so I view that deal as a plus for LINE.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Any comments of the recent drop in LINE???
Send me an e-mail and I will forward LINE's response to the Barron article. My e-mail is dmsteffens@comcast.net
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
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mdwitte
Re: Any comments of the recent drop in LINE???
Dan: can't you "paste" LINE's replay into a post here?
Re: Any comments of the recent drop in LINE???
They were sent to me by a member in two pdf files. Just send me an e-mail and I will forward them to you.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Any comments of the recent drop in LINE???
If Linn is hedged out for the next 5 years, then the price of natural gas should not be a major factor (of course, I could be wrong on that), I would think the propelling aspect would be how successful their production output will be. Many of the royalty trusts are having underwhelming production results. Let's hope Linn has a better handle on their producing fields.