Shares of Linn Energy, Inc. (OTCMKTS:LINEQ – Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.10 and traded as low as $0.10. Linn Energy shares last traded at $0.10, with a volume of 10,000 shares traded.
Linn Energy Stock Performance
The business has a fifty day simple moving average of $0.10.
Linn Energy Company Profile
Linn Energy, Inc, formerly Linn Energy, LLC, is an oil and natural gas company. The Company focuses on acquiring, developing and maximizing cash flow from a portfolio of oil and natural gas asset. Its properties include Hugoton Basin, which includes properties located in Kansas, the Oklahoma Panhandle and the Shallow Texas Panhandle; Rockies, which includes properties located in Wyoming, Utah, North Dakota and Colorado; California, which includes properties located in the San Joaquin Valley and Los Angeles basins; TexLa, which includes properties located in east Texas and north Louisiana; Mid-Continent, which includes Oklahoma properties located in the Anadarko and Arkoma basins, as well as waterfloods in the Central Oklahoma Platform; Michigan/Illinois, which includes properties located in the Antrim Shale formation in north Michigan and oil properties in south Illinois; Permian Basin, which includes properties located in west Texas and southeast New Mexico, and South Texas.
Further Reading
- Five stocks we like better than Linn Energy
- What is an Earnings Surprise?
- Matador Resources Insiders Keep Buying Its Stock, Should You?
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Oracle Can Turn the Magnificent 7 Into 8: Here’s Why
- How to Calculate Stock Profit
- Palantir Stock Is Up 14% on S&P 500 News: Is It Time to Buy?
Receive News & Ratings for Linn Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linn Energy and related companies with MarketBeat.com's FREE daily email newsletter.