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LinnCo LLC (LinnCo LLC) Momentum Rank : 0 (As of Jun. 06, 2024)


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What is LinnCo LLC Momentum Rank?

LinnCo LLC has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


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LinnCo LLC (LinnCo LLC) Business Description

Traded in Other Exchanges
N/A
Address
LinnCo LLC is a Delaware limited liability company formed on April 30, 2012, under the Delaware Limited Liability Company Act. The Company owns interests in Linn Energy, LLC. It had no significant assets or operations other than those related to its interest in LINN Energy. LINN Energy is an independent oil and natural gas company. Its properties, including those acquired in the Berry acquisition, are located in seven operating regions in the U.S. are Rockies, which includes properties located in Wyoming (Green River Basin and Powder River Basin), Utah (Uinta Basin), North Dakota (Williston Basin) and Colorado (Piceance Basin); Mid-Continent, which includes properties in Oklahoma, Louisiana and the eastern portion of the Texas Panhandle (including the Granite Wash and Cleveland horizontal plays); Hugoton Basin, which includes properties located in Kansas and the Shallow Texas Panhandle; California, which includes the San Joaquin Valley Basin and the Los Angeles Basin; Permian Basin, which includes areas in west Texas and southeast New Mexico; Michigan/Illinois, which includes the Antrim Shale formation in the northern part of Michigan and oil properties in southern Illinois; and East Texas, which includes properties located in east Texas.
Executives
Stephen J Hadden director 3 SUMMIT PARK DRIVE, SUITE 700, INDEPENDENCE OH 44131
Mark E Ellis director, officer: Chairman, President and CEO 717 TEXAS AVENUE, SUITE 2100, HOUSTON TX 77002
Michael C Linn director 650 WASHINGTON ROAD, 8TH FLOOR, PITTSBURGH PA 15228
David D Dunlap other: Former Director 3003 SWISS AVE HOUSTON TX 75204
George A Alcorn director P O BOX 4362, HOUSTON TX 77210-4362
Jeffrey C Swoveland director C/O PETROLEUM DEVELOPMENT CORP, 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203

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