Linn Energy LLC (NASDAQ:LINE) is one of the highest-yielding MLPs, with a distribution yield of over 10%. However, in the last year, the company changed its cash distribution pattern and divided the quarterly payments into small monthly payments. The unit performance of Linn Energy LLC (NASDAQ:LINE) has been poor, and the stock has lost more than 18% during the last twelve months. Linn Energy LLC (NASDAQ:LINE) net profit margin is -29.10% and weekly performance is 0.14%. On last trading day company shares ended up $28.337. Analysts mean target price for the company is $33.79. Linn Energy LLC (NASDAQ:LINE) distance from 50-day simple moving average (SMA50) is -1.04%.
Newfield Exploration Company (NYSE:NFX) EVP Terry Rathert sold 14,646 shares of the stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $33.85, for a total transaction of $495,767.10. Following the completion of the sale, the executive vice president now directly owns 138,888 shares in the company, valued at approximately $4,701,359. Newfield Exploration Co. (NYSE:NFX) shares advanced 0.18% in last trading session and ended the day on $33.75. NFX Gross Margin is 73.80% and its return on assets is 4.80%. Newfield Exploration Co. (NYSE:NFX) quarterly performance is 39.93%.
Chesapeake Energy Corporation (NYSE:CHK) announced the expiration and final results of its previously announced cash tender offer (the “Tender Offer”) for any and all of its 9.50% Senior Notes due 2015 (the “Notes”). The Tender Offer expired at 11:59 p.m., New York City time, on May 7, 2014 (the “Expiration Date”). The full terms and conditions of the Tender Offer are set forth in the Offer to Purchase and the related Letter of Transmittal, each dated April 10, 2014. Chesapeake Energy Corporation (NYSE:CHK) shares moved up 2.30% in last trading session and was closed at $29.81, while trading in range of $29.01 – $29.86. Chesapeake Energy Corporation (NYSE:CHK) year to date (YTD) performance is 10.57%.
LinnCo LLC (NASDAQ:LNCO) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report issued on Tuesday, StockRatingsNetwork.com reports. They currently have a $26.30 price objective on the stock. Zacks‘s price target would indicate a potential downside of 6.34% from the company’s current price. LinnCo LLC (NASDAQ:LNCO) ended the last trading day at $27.43. Company weekly volatility is calculated as 1.55% and price to cash ratio as 3524.76. LinnCo LLC (NASDAQ:LNCO) showed a positive weekly performance of 0.92%.