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Linn Energy, LLC (LINE) Message Board

  • norrishappy norrishappy Jan 13, 2013 10:25 PM Flag

    Sand - The NGLs that are hedged

    No reply button.

    Nope Sand, even if you told them they would probably run around making gibberish about the different products. They might still remember the Lisxa silliness about treating ngls as a whole barrel. Then management has still not disclosed their plan for the processing facility or even utilization.

    I think better to wait until RLPs ego gets the better of it and tries to explain what it does not understand. Then correct.

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    • okay....but only part of them are hedged......from when they did the $1.2 billion BP Hugoton deal.....but still quite a bit. They used natural gas hedges (puts) for the NGL hedging.

      ...a hint for those who are curious....

      The NGLs that are hedged, are for 2013-2015 at one specific quantity each year (the same quantity for each year of 2013, 2014, & 2015) ....and, the NGL hedges for 2016 are slightly different.

      But, I guess he just missed note #2 on the bottom of the Linn presentation(s) slide.

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