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Linn Energy, Inc. was a hydrocarbon exploration company based in Houston.In 2018, the company split into Roan Resources and Riviera Resources. As of December 31, 2017, the company had 1.968 trillion cubic feet equivalent of estimated proved reserves, of which 8% were petroleum, 70% were natural gas, and 22% were natural gas liquids.
In 2004, the company was founded as Concho Equity Holdings Corporation by a group of businessmen headed by Timothy A. Leach. Also in 2004, the company acquired properties from Lowe Management for $117 million. In 2006, the company acquired assets from Chase Oil and formed Concho Resources Inc.
Retail, Food and Beverage, Petroleum 100% 2017/10/03 [64] $2.76 billion in 2017 for a 38.6% Pilot stake; $8.2bn in 2023 for an additional 41.4% Initially started with a 38.6% stake in 2017. [64] Became a full owner in January 2024. [65] Precision Castparts Corp. Aerospace and Defense 100% 2016/01/29 $37 Billion [66] Precision Steel Warehouse, Inc.
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
The stock declined 5% in 2023 after skyrocketing 119% in the prior year, when oil peaked, making it the best-performing equity of the S&P 500 that year. Since the start of 2024 shares are up more ...
Still, Trump's nomination of Scott Bessent to the top Treasury post raised hopes that tariffs will be more measured. And with only 21 trading days left in the year, analysts, investors, and market ...
Petroleum & Resources Corporation began trading on the New York Stock Exchange in January 1929 with a focus on investing primarily in energy and natural resources.Over time, the composition of the portfolio has evolved to reflect the changing dynamics of the global energy and natural resources markets.
Last but not least, buy Nu Holdings stock like there's no tomorrow simply because it's undervalued. Shares soared in 2023 and 2024, when many investors first began stumbling across this hidden gem ...