Mark Ellis

Shares of Linn Energy LLC (NASDAQ: LINE) plunged more than 50 percent on Friday and hit a new 52-week low of $0.47 after the company announced on Thursday it has initiated a process to explore strategic alternatives. Linn Energy noted in its press release that management is in the process of...

Shares of Linn Energy LLC (NASDAQ: LINE) and LinnCo LLC (NASDAQ: LNCO) were both trading lower by more than 7 percent in Friday's pre-market session after the companies Board of Directors approved a 2015 budget that includes a 53 percent reduction in oil and natural gas capital...