Dicker and Link: Linn, Noble Energy Are Among the Stock Picks in the Energy Patch
NEW YORK (TheStreet) -- I was talking to Stephanie Link today about some interesting moves in the oil patch and where we might still find some value in some exploration and production names.
One interesting move comes in the swap of assets between Linn Energy
Both accomplished their goals with this move. Linn has also benefited from a recent similar swap of assets with Exxon
In addition, Noble looks to have found a new partner to aid in the development of its assets in the Levant: Chinese mega cap CNOOC
For bond lovers out there, Anadarko
I talk more about some interesting oil patch ideas with Stephanie in the video above.
At the time of publication the author had a position in NBL. Action Alerts PLUS has a position in Anadarko.
This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.
TheStreet Ratings team rates LINN ENERGY LLC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate LINN ENERGY LLC (LINE) a HOLD. The primary factors that have impacted our rating are mixed ? some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. You can view the full analysis from the report here: LINE Ratings Report