Wed, Jul 23, 2014, 7:25 PM EDT - U.S. Markets closed


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Linn Energy, LLC (LINE) Message Board

  • lexpress56 lexpress56 May 6, 2013 5:34 PM Flag

    Looks like BRY missed estimates

    The consensus earnings estimate on Yahoo was for .86 of earnings, whereas the earnings announced just a little while ago were .58 (or .67 with special items). Moreover, production was flat.

    Perhaps this can be explained away via winter weather, refinery plant maintenance, and 1st loaded capex (looks like they are drilling 50 steam injection wells in first 2 qtrs, so first half of year is loaded up a bit). It will be interesting to see how this impacts LINE and Lnco. (I sure wish it had been a beat vs a miss just to settle things down with the Barron's article). We shall see..... Lex

31.50+0.35(+1.12%)Jul 23 4:00 PMEDT

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