National Securities Maintains Buy Rating on Linn Energy

National Securities has maintained its Buy rating on Linn Energy LINE in a research report out today. In the report, National Securities writes, "Q4'11 adjusted net income per share was $0.51. The Company may drill for more oil above the Granite Wash formation (Hogshooter interval) in the Texas Panhandle. LINE also expects lower leasing operating expenses (LOE) in 2012. We maintain our BUY rating due to a conservative NGL price guidance and higher potential oil production." Shares of Linn Energy are currently trading at $37.26, up 0.75% from yesterday's close.