Thu, Apr 17, 2014, 5:52 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Linn Energy, LLC (LINE) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • birdluck1 birdluck1 Nov 4, 2009 10:54 AM Flag

    thoughts on earnings

    Earnings are down because of higher oil prices which result in hedging losses that lower earnings. What mattters is that cash flow was higher than guidance, and so was distribution coverage. We also have to remember that the distribution was paid on more units as a result of the recent offering, but the recent acquisition did not yet contribute much to the third quarter cash flow. This will improve in the 4th quarter and the DCF will increase.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I thought the same thing as I had prviously been concerned the increased units would cause coverage and cash flow per unit to be negatively impacted. I was pleased with results. With strong hedging, this firm is geared to steady cash flow and not surges of cash / earnings when prices rise. We have to think that way or go to some firm that has no hedges if we want to shoot for the moon.

 
LINE
29.02+0.49(+1.72%)Apr 17 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.