Thu, Apr 17, 2014, 3:46 AM EDT - U.S. Markets open in 5 hrs 44 mins


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

Linn Energy, LLC (LINE) Message Board

  • raman_ds raman_ds Jun 17, 2013 10:24 AM Flag

    latest from BOA- Merill Lynch on LINN - Addressing controversy - facts

    Price Objective

    Hedging: not as opaque as it looks From our review of the issue, LINE has
    not defied any accounting rules nor has it tried to conceal the issue; LINE management has attempted to address the controversy and has committed to avoid this hedging strategy in the future simply
    because ensuing controversies have weighed on its cost of capital and turned the
    tailwind into a headwind. Our analysis suggests that absent the ‘puts’, future
    distributions will still be safe. If we remove the ‘put’ gains from our projected cash
    flow – which is fully paid – our analysis suggests LINE would still achieve a 3 yr
    average distribution coverage ratio of 1.0x for 2013-2015

    SortNewest  |  Oldest  |  Most Replied Expand all replies
28.53+0.18(+0.63%)Apr 16 4:00 PMEDT

Trending Tickers

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.
Google Inc.
NasdaqGSWed, Apr 16, 2014 4:00 PM EDT
Google Inc.
NasdaqGSWed, Apr 16, 2014 4:00 PM EDT