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Linn Energy, LLC (LINE) Message Board

navkram 6 posts  |  Last Activity: Oct 2, 2014 1:57 PM Member since: Sep 3, 1999
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  • Reply to

    Who on earth is selling a 10% secure yield?

    by goskiing99 Oct 1, 2014 5:55 PM
    navkram navkram Oct 2, 2014 12:25 PM Flag

    I think the program traders found a bunch of "stop loss" orders. If you look at trade today the sells have been way too fast to be human. The other point is that a big portion of the sellers likely did not own shares. The direction of the group is down hard so the programs put on a short position -across all shares. The thing they miss is that LINE is the most hedged production there is.

    All I can say is buy the yield because it is solid and don't use stop loss orders if you don't want to get burned.

  • Reply to

    Support

    by lordofdoggtown Oct 2, 2014 11:43 AM
    navkram navkram Oct 2, 2014 12:38 PM Flag

    Go to the site and read! Line is the most hedged producer on the continent, if not the world. Last I looked they were fully hedged through 2017. I am not sure about recent purchases and trades but they can't be less than 90% hedged based on volume.

  • Reply to

    Pick up some shares

    by the_spaniard_ii Oct 2, 2014 11:07 AM
    navkram navkram Oct 2, 2014 12:49 PM Flag

    Germany is not "the problem" Germany is the only positive Europe has so when Germany can't hold Europe up or bail it out Europe TANKS!

  • Oil in the $80s cuts off the most expensive producers.
    -oil sands -particularly sensitive if nat gas does not fall
    -deep water drilling
    -unstable governments
    -remote locations -expensive to ship
    -high decline wells -even if they are profitable

    There is a lot of production that will be cut at ~$80

    LINE is none of these and has the longest and largest hedge book. LINE should be vastly outperforming the sector on fundamentals. Short term under-performance is due to LINE's thinner trade vol/ float.

  • Reply to

    Linn is officially Wall Street's whipping boy

    by wall.street13 Oct 2, 2014 12:45 PM
    navkram navkram Oct 2, 2014 1:18 PM Flag

    I support management. Kinder takes a pile of money from the till every quarter so he can afford the lawyers. LINE management delivers and make their money from the same class of shares we own. LINE is getting big enough that analysts should do the defending.

  • Reply to

    What happens if oil drops?

    by navkram Oct 2, 2014 1:03 PM
    navkram navkram Oct 2, 2014 1:57 PM Flag

    Nat gas 100% hedged through 2017 -majority of production
    60% hedged oil for 2015 at $96+
    50% 2016 and looks like ~25% of oil hedged in 2017 (by eyeball if no production increase).
    See LINE presentation. It looks like they backed off buying hedges as out year prices dropped.
    The point is that LINE profit does not drop with oil or gas price. Lots of BS posts about div cut need to be countered.

LINE
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