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Linn Energy, LLC (LINE) Message Board

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  • lexpress56 lexpress56 Aug 5, 2009 10:36 AM Flag

    How LINE isn't 25 ++ is beyond me.

    Remnant: Line has a PE of 2 only because of the mark to market accounting rule applicable to hedges. Before prices peaked last summer, Line was losing big dollars on many of the same hedges. You need to look at operating earnings and DCF to evaluate Line, not reported earnings.

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