Don't you think everyone has beaten this distribution percentage issue to death. Personally, I'm tired of hearing about it. Everyone knows what the historic facts are and I doubt anyone really knows the future. But even if LINE brings it's distribution down to $.20 a month to get in the hallowed ground of a distribution rate of more than 100%, that distribution still represents a premium to the market for stocks like this with very valuable assets. Again, I think the distribution ratio issue has been beaten to death by posters and commentators and its time for someone who knows something about current production trends to come forward and put a new topic on the table. GLTA
rlp2451 loves to latch onto anything negative. BRY shareholders are smart enough to know if they go ahead with the merger the LNCO share price will take care of itself. Linn`s short term problems will be worked out and both companys will be stronger and more valuable together.
1) he doesn't account for the one month deferral of distributions paid this year from the switchover to monthly distributions. This would raise the yearend DCF ratio to nearly 1
2) on his chart you can clearly see quarters where DCF exceeded distributions - so why does it matter if the company is paying a bit more now when it paid a bit less before. The average is certainly over one.