Stifel Downgrades LINN Energy (LINE) to Sell
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Raymond James Downgrades LINN Energy (LINE) to Underperform
February 5, 2016 7:53 AM ESTRaymond James downgraded LINN Energy (NASDAQ: LINE) from Market Perform to Underperform.
For an analyst ratings summary and ratings history on LINN Energy click here. For more ratings news on LINN Energy click here.
Shares of LINN Energy closed at $1.20 yesterday.
... MoreS&P Downgrades LINN Energy (LINE) to 'CCC'; Notes Liquidity Concerns
February 5, 2016 7:45 AM ESTStandard & Poor's Ratings Services lowered its corporate credit rating on Houston-based oil and gas exploration and production (E&P) company Linn Energy LLC to 'CCC' from 'B+'. We also lowered our corporate credit rating on Berry Petroleum Co. LLC to 'CCC' from 'B+'. The outlook is negative.
We also lowered our issue-level rating on Linn Energy's second-lien debt to 'CCC-' from 'B' and placed it on CreditWatch with negative implications. We also lowered the unsecured debt rating to 'CC' from 'B-'. The recovery ratings remain '5' and '6', respectively. The recovery rating of '5'... More
Ladenburg Thalmann Downgrades LINN Energy (LINE) to Sell
February 5, 2016 7:24 AM ESTLadenburg Thalmann downgraded LINN Energy (NASDAQ: LINE) from Neutral to Sell with a price target of $0.50.
For an analyst ratings summary and ratings history on LINN Energy click here. For more ratings news on LINN Energy click here.
Shares of LINN Energy closed at $1.20 yesterday.
... MoreLINN Energy (LINE) to Explore Alternatives for Capital Structure
February 4, 2016 5:08 PM ESTLINN Energy, LLC (NASDAQ: LINE) and LinnCo, LLC (NASDAQ: LNCO) announced today that it has initiated a process to explore strategic alternatives to strengthen its balance sheet and maximize the value of the Company.
Efficient management of our stable asset base and aggressive cost management are driving meaningful value even in todays difficult commodity price environment, said Mark E. Ellis, Chairman, President and Chief Executive Officer. However, given commodity pricing pressure and the impact that market challenges... More

