Linn Energy, LLC (NASDAQ:LINE)
CAPS Rating:
An independent oil and gas company focused on the development and acquisition of long-lived properties in the United States.
An independent oil and gas company focused on the development and acquisition of long-lived properties in the United States.
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I'm a dividend investor so I look to reliable dividends which LINE has provided. I believe any company that can continue to pay high dividends will experience at least some reasonable capital gains as well. My current cost basis for LINN is in the low 20s. I continue to buy on pull backs. I do keep my profit protected with stop losses however. Despite what happens in Washington, this country needs fossil fuels for the forseeable future and LINN and others are positioned to provide it.