LINN Energy Mergers and Acquisitions Summary

Oil/gas ExplorationCompany

LINN Energy has acquired 4 companies. A total of 2 acquisitions came from private equity firms. It has also divested 4 assets.

LINN Energy’s largest acquisition to date was in 2013, when it acquired Berry Petroleum Company for $4.3B. It’s largest disclosed sale occurred in 2008, when it sold Linn Energy - Appalachian Properties to XTO Energy for $600M. LINN Energy has acquired in 3 different US states. The Company’s most targeted sectors include oil/gas exploration (100%).

Join Mergr and gain access to LINN Energy’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the oil/gas exploration sector.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity3
    • M&A Sell Activity4
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 8
  • M&A Advisors 1

LINN Energy LLC

600 Travis, Suite 5100,
Houston, Texas 77002
United States,
(281) 840-4000
www.linnenergy.com

LINN Energy acquires, develops and maximizes cash flow from a portfolio of oil and natural gas assets. LINN Energy is an independent oil and natural gas company with properties located in the United States. LINN's portfolio includes assets in the Hugoton Basin, the Rockies, California, east Texas and north Louisiana, the Mid-Continent, Michigan/Illinois, the Permian Basin, and south Texas. LINN Energy was formed in 2003 and is based in Houston, Texas. On May 11, 2016, LINN Energy filed for bankruptcy.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.0/yr) # 3 - - - - - 3
vol $5.3B $5.3B
Sell (0.0/yr) # 4 - - - - - 4
vol $1.4B $1.4B
  7

Most Recent M&A

Company Date Value Type
LINN Energy LLC - Williston Basin 2017-12-06 - Divestiture
, United States
LINN Energy - Jonah & Pinedale Fields 2017-05-02 580M USD Divestiture
, United States
Berry Petroleum Company LLC 2013-02-21 4.3B USD Add-on Acquisition
Houston, Texas · www.bry.com
Linn Energy LLC - Verden Assets 2008-08-15 185M USD Divestiture
, Oklahoma
Linn Energy LLC - Appalachian Properties 2008-07-01 600M USD Divestiture
, Texas
Lamamco Drilling - Oil and Gas properties 2008-01-31 552M USD Divestiture
, United States
Blacksand Energy LLC 2006-07-24 416M USD Add-on Acquisition
Denver, Colorado
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 3 (100%) 5.3B (100%) 4 (100%) 1.4B (100%)
Total 3 $5.3B 4 $1.4B

By Geo

State/Country Buy Value Sell Value
United States 3 5.3B 4 1.4B
  Texas 1 4.3B 1 600M
  Colorado 1 416M - -
  Oklahoma - - 1 185M
Total 3 $5.3B 4 $1.4B

Top M&A Advisors

Legal Deals
Latham & Watkins
 1

Deal Values

buy # Total
> $1B 1 $4.3B
$100M to $1B 2 $968M
TOTAL $5.3B
Largest Berry Petroleum Company LLC
$4.3B (2013-02-21)
sell # Total
$100M to $1B 3 $1.4B
TOTAL $1.4B
Largest Linn Energy LLC - Appalachian Properties
$600M (2008-07-01)

M&A Connections

Deals
Acquired from
Investor(s)
33%
1 (33%)
Strategic(s)
33%
1 (33%)
Divested to
Strategic(s)
100%
4 (100%)

Company Summary

SECTOR

Oil/Gas Exploration

Revenue

1,827   52% 2015
3,777   76% 2014
2,153   22% 2013
1,774   2012
(millions of USD) Show More Show Less

Employees

1,800

Established

2003

 Subscribe to unlock this and 197,042
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 188K M&A Transactions
  • 193K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 74K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for LINN Energy LLC

Texas Companies , Oil/Gas Exploration Companies , United States Companies , Texas Oil/Gas Exploration Companies , Texas Oil/Gas Exploration with Acquisitions , Texas Oil/Gas Exploration with Divestitures

Related Lists for Texas Companies

Largest Texas Companies , Acquisitive Texas Companies , Recently Acquired Texas Companies , Recently Sold Texas Companies , Private Texas Companies , Public Texas Companies , Acquired Texas Companies , PE Backed Texas Companies

Related Lists for Oil/Gas Exploration Companies

Largest Oil/Gas Exploration Companies , Acquisitive Oil/Gas Exploration Companies , Recently Acquired Oil/Gas Exploration Companies , Recently Sold Oil/Gas Exploration Companies , Private Oil/Gas Exploration Companies , Public Oil/Gas Exploration Companies , Acquired Oil/Gas Exploration Companies , PE Backed Oil/Gas Exploration Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal