Raymond James Downgrades LINN Energy (LINE) to Underperform
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LINN Energy Announces Process to Explore Strategic Alternatives Related to Its Capital Structure
February 4, 2016 5:00 PM ESTHOUSTON, Feb. 04, 2016 (GLOBE NEWSWIRE) -- LINN Energy, LLC (NASDAQ: LINE) (LINN or the Company) 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... More
