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Linn Energy, LLC (LINE) Message Board

  • opinionsarelike33 opinionsarelike33 Jan 14, 2013 2:23 PM Flag

    Hays Mabry said in a email to me this morning

    That LINE dosen't hedge any of their NGL's because it is not practical to hedge out the NGL's. As well he stated that they canonly hegde out 12-18 months in advance for you have to take a 20% haircut from the current price. Which is extrenely difficult to do over a 5 year period. Therefore it is not practical to hedge out our NGL's. If the market becomes more fluid we will lokk nto the hedging. As far NG and Oil they are hedged out 100% till 2016.

    So sand and norris have NO IDEA what they are talking about as usual.

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LINE
10.14+0.69(+7.30%)Jan 26 4:00 PMEST

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