RRB, granted that I may be way off base here, but your tone seems negatively tinged. Were you expecting anything different? And do you think it would have been a sound idea had Linn raised the distribution at this time? (I should add that I'm pleased with the dist. and have serious doubts about whether it should be raised at all this year.)
I totally agree. Why increase the dividend when you have "things" to do with that same money. The increase in stock price makes up for the difference! They will increase the dividend when its appropriate. This is one of the best management teams out there, period.
I am in accord with your thoughts. Of course, we don't have the benefit of seeing the books until they are released. My feelings are that we will see materially lower coverage ratio than last Q. I also think we see some impact from the drop in NGL prices.
Of course, we also will get a chance to see if the Hogshooter was enough to overcome low NGL prices.