The impact of LINN Energy's huge purchase of Devon's non-core US assets remains unclear. Investors need more information regarding Devon's intended Granite Wash divestiture to draw a conclusion.
Two of Berkshire-Hathaway's widest-moat energy plays can still be bought at the price Buffett paid.
As LINN Energy grows, increased capital expenses are eating up more or its cash flow.
There's considerable concern that LINN Energy will be able to cover its distribution after the Berry deal's dilution. The high value of Berry's liquids-rich production makes that probable.
Energy XXI agreed to acquire smaller rival Gulf of Mexico shelf producer EPL Oil & Gas for $2.3 billion. Operational synergies will be critical for that high price tag to work.
With all focus onshore, shares of offshore independents are struggling, creating value for those with patience.
Utah's Uinta basin has provided big liquids growth for the few operators able to get a toehold in the basin.
Following Linn Energy's compensation increase for Berry Petroleum, investors have expressed concern. This deal still makes sense.
Magellan Midstream Partners, Enterprise Products Partners, and Energy Transfer Partners are leading their peer group because of their strong growth potential.
Kinder Morgan Energy Partners, Williams Partners, and ONEOK Partners have had difficult years, underperforming peers. Growth challenges are holding them back.
The Permian has outstanding developmental potential, but operators in the region are costly. Awesome potential often comes with a staggering price tag.
At first blush, the increase of 1.25 to 1.68 LNCO shares per BRY share seems rich. The price is fair though, and the deal still makes sense despite the added dilution.
Finding the next big producer in the next big play can make great returns, but don't overlook the midstream opportunities that these new production trends create.
The value of rising production is easy to identify. Don’t neglect to consider companies creating value by building reserves.
Not every MLP is run with the same philosophy. Investors can find partnerships that optimize their preference for strong yield, good growth, or a mixture of both.
Despite current problems, a vote in support of the Linn-Berry merger still makes sense.
Interest rate sensitive securities, including MLPs, face significant headwinds in a rising rate environment. Look for growth to protect your portfolio.
Warren Buffett is probably the most commonly mimicked investor around. When you ride his coattails, you're best off maintaining both his long-term vision and discipline.
Despite the importance of the Berry acquisition, a relatively run-of-the-mill problem could be more serious.