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Sunday, December 22, 2013 10:05:41 PM
And, management has long maintained its intention to increase its payout to $3.08 per unit of LINN and share of LinnCo. This has not happened yet, but it’s an exciting possibility that could materialize once the integration of Berry is under way.
As a result, investors shouldn’t be at all concerned with the market’s lackluster response to the closing of the Berry acquisition.
LINN’s production will increase substantially, its liquids exposure is enhanced, and Berry’s portfolio of long-lived assets with low depletion rates fits perfectly with LINN’s upstream exploration and production business model.
Purely my own opinion. Do your Due Diligence.
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Recent BRY News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/25/2024 03:41:43 PM
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- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 09/25/2024 08:45:05 PM
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