LINE

[dan_s]

Nice to know I am not the only one that thinks we have significant upside in LINE. - Dan

After LINN Energy (LINE) reported lower than expected EPS, RBC Capital nonetheless thinks that the company generated solid organic growth. The firm believes that the company's production results should ease fears about its portfolio, and it expects the company to release much more information about the Berry Petroleum (BRY) merger going forward, making that transaction more predictable. The firm keeps a $38 price target and Outperform rating on LINN.

IMHO even if the merger with BRY is called off, this MLP's units are worth AT LEAST $30. - Dan

[ghrcap]

Why do you think they are not holding a conference call to discuss their results. They talk of holding one down the road, but I'm sort of surprised this doesn't seem to bother the Street today.

[dan_s]

I think they need to get something firmed up on BRY by 10/31. That probably has managements attention.