On the surface, Linn Energy’s swap of red-hot shale acreage for mature assets seems to not make any sense. It’s when one understands the nature of master limited partnerships that this deal makes great sense for both ExxonMobil and Linn Energy.
On the surface, Linn Energy’s swap of red-hot shale acreage for mature assets seems to not make any sense. It’s when one understands the nature of master limited partnerships that this deal makes great sense for both ExxonMobil and Linn Energy.