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Linn Energy, LLC (LINE) Message Board

sandonthebeach47 149 posts  |  Last Activity: Apr 4, 2014 4:06 PM Member since: May 23, 2010
  • Reply to

    LINE is for smart long term investors

    by bearnobull Mar 19, 2014 8:07 PM
    sandonthebeach47 sandonthebeach47 Mar 19, 2014 8:23 PM Flag

    bearnobull
    just curious, where did you find this?

    " Line has been paying divvy's for over 15 years with "

  • sandonthebeach47 sandonthebeach47 Mar 19, 2014 4:32 PM Flag

    whbog, now that is a pretty funny post ....and, oh, oh, What if the sky is falling too?

    This part seems to be just made up ...["There is doubt about their ability to pay the distribution".]....so, who doubts it.......you?

    ...........since they published otherwise in the Linn presentations.

    ...LOOK at bottom line of SLIDE #5 in the March 4, 2014 Linn presentation.....what does it specifically say?

    You might also want to re-read the Feb. 27, 2014 Linn news release since that post seems a bit detached from reality.

    oh,....I think some of your other comments [in your message history] about "dogshit" were also pretty funny.

    What, no "dogshit" name calling?

  • Reply to

    half think the divi will be cut...

    by barc37000 Mar 18, 2014 2:07 PM
    sandonthebeach47 sandonthebeach47 Mar 18, 2014 4:21 PM Flag

    Ops, I suggest you stop pasting your same post over and over.

    I answered your question.....your problem is that you did not like the answer or that I had already answered it before.....and you either did not read it or just skipped over it.

    And as far as "when"

    ....it is discussed at the 24 min mark in the last call.....if you really do want to know what was said...just go listen.

  • Reply to

    half think the divi will be cut...

    by barc37000 Mar 18, 2014 2:07 PM
    sandonthebeach47 sandonthebeach47 Mar 18, 2014 2:33 PM Flag

    barc37000
    That is probably incorrect and here is why I think so:

    First,
    see slides # 30 in the Feb. 12, 2014 Linn presentation.

    And,
    then check the language that was used in the Feb. 27, 2014 Linn news release.

    With specific attention to what they said:
    "All potential options are targeted to increase cash available for distribution "

    .
    "All potential options are targeted to increase cash available for distribution and will also have the potential to lower the Company's overall decline rate and capital intensity. LINN believes its Midland Basin position has tremendous value and is very focused on a thorough process of evaluation in order to fully maximize its value potential."
    .
    .

  • Reply to

    Hey Sand,

    by norrishappy Mar 17, 2014 5:11 PM
    sandonthebeach47 sandonthebeach47 Mar 17, 2014 6:50 PM Flag

    cruzin......confused again?

    It was ops who said goodbye....[that did not last long, did it?]....

    .......maybe he missed your thoughtful posts just too much to stay away?

    "Actually I am out with a profit. So bite me.
    And hey keep reading those kinder garden charts.
    I won't hang around like Mrphill does with NO shares.
    Ahhhhhhhhh so much better."

    Did you forget part of his post from last week?

  • Reply to

    Quite pleased with today's LINE performance

    by lesspheus Mar 13, 2014 4:58 PM
    sandonthebeach47 sandonthebeach47 Mar 14, 2014 6:16 PM Flag

    ronharv, I do not believe you. Why would anyone if you post gibberish that is contrary to what the management states?
    ...that part is correct, So it is clear....I do not believe you. Your post is pure nonsense....for example:
    "Are you receiving some secret cash from Linn that's being denied to the rest of us? "
    And where did you find this:
    "Linn will not increase the distribution at all in 2014. "

    Just make it up?
    As far as what else there might be....you left out the needed details about the 8 Permian basin packages and just how they said that they will increase cash available for distribution.

    Do you not want to say what was said during the conference call for some reason?
    Do you need the time location posted for you or do you need the text of what Mr. Ellis said?

    As far as the rest of your post, I suggest that you first listen to the conference call and then read the Feb. 27, 2014 news release, & in your particular case, you may want to read it twice.

    Here is a brief summary below of what was already a reply to your post, that you again post.

    So, Here is a copy for you:

    "ops, there are two more weeks to that quarter immediately following the closing......right?
    But, I doubt that it will happen as originally expected ("in the quarter immediately following the closing") mentioned by Linn back in Feb 2013....because the actual closing did not happen until about 6 months after they anticipated....It was not in June 2013 as that original news release had mentioned but on Dec. 16, 2013.

    Did you forget again?

    But,
    the recent Feb. 27, 2014 Linn news release does seem to confirm that the increase in cash available for distribution will happen.....maybe you can let us all know exactly when that will be.
    Oh, and also please tell ronharv.

    from the 2/27/14 news release on their website in the news section.
    The relevant part:
    "All potential options are targeted to increase cash available for distribution "
    .
    Oh, and also please tell ronharv.
    Oh, and also please tell ronhar

  • Reply to

    Quite pleased with today's LINE performance

    by lesspheus Mar 13, 2014 4:58 PM
    sandonthebeach47 sandonthebeach47 Mar 14, 2014 11:51 AM Flag

    ops-the misinformer......just making what you posted more obvious to everyone?
    ...LOL

    so now you hope to change the point....typical.

    Sure there is plenty of time.
    That is not what the issue is.

    You keep posting that "immediately" ........as if it means that it should have happened on Dec. 16, 2013 in the afternoon sometime after closing of the BRY deal....and that is NOT WHAT THEY POSTED....and you know it.

    And you prefer your own meaning of "immediately" instead of what they actual clearly said:
    ""in the quarter immediately following the closing""

    Now, I expect more of your usual twisted nonsense...so please proceed.....have a good time.

    Good job ops.

  • Reply to

    Quite pleased with today's LINE performance

    by lesspheus Mar 13, 2014 4:58 PM
    sandonthebeach47 sandonthebeach47 Mar 14, 2014 11:22 AM Flag

    ops....why not try to post your twisted nonsense a few more times so if anyone did not see what you posted then it will become more obvious....

    So you want this "The word immediately"

    instead of what they actually said
    which was this:

    "in the quarter immediately following the closing"

    And you expect readers here to just be fooled by your obvious foolishness?

    ops-the-mis-informer..... again?

    you posted this:
    "The deal closed on 12/16/13. And "immediately" after the deal closed for BRY, an increase was supposed to happen."

    What is the difference with what you posted and this:
    "("in the quarter immediately following the closing") "

    Well...to you, it seems that you would like to change what Linn actually posted in Feb 2013...into your own version of meaning....we are familiar with it already, you know, what you usually try to twist....same old ops-routine.

    Good job ops.

  • Reply to

    Quite pleased with today's LINE performance

    by lesspheus Mar 13, 2014 4:58 PM
    sandonthebeach47 sandonthebeach47 Mar 13, 2014 7:57 PM Flag

    ops, there are two more weeks to that quarter immediately following the closing......right?

    But, I doubt that it will happen as originally expected ("in the quarter immediately following the closing") mentioned by Linn back in Feb 2013....because the actual closing did not happen until about 6 months after they anticipated....It was not in June 2013 as that original news release had mentioned but on Dec. 16, 2013.

    Did you forget again?

    But,
    the recent Feb. 27, 2014 Linn news release does seem to confirm that the increase in cash available for distribution will happen.....maybe you can let us all know exactly when that will be.

    Oh, and also please tell ronharv.

    from the 2/27/14 news release on their website in the news section.
    The relevant part:
    "All potential options are targeted to increase cash available for distribution "

  • Reply to

    Quite pleased with today's LINE performance

    by lesspheus Mar 13, 2014 4:58 PM
    sandonthebeach47 sandonthebeach47 Mar 13, 2014 5:44 PM Flag

    ronharv,
    when you look at the Linn news release from Feb. 21, 2013......everyone was told that there would be an increase "in the quarter immediately following the closing " and there was nothing to negate that expectation....was there?

    .....which you already know.....right?

    This part was from that news release:
    "The recommended increase is anticipated to take effect in the quarter immediately following the closing of the transaction,"

    Please feel free to check. It is on the Linn website in the news section.

    Now we all know that I posted about it before, right?

    ....so have you simply forgotten or did you just tell a fib by leaving just it out?

    Hmmm?

    Oops

  • Reply to

    Cramer Misreprepresented

    by jimygibb Mar 12, 2014 2:32 PM
    sandonthebeach47 sandonthebeach47 Mar 13, 2014 1:45 PM Flag

    ronharv, did just you all alone figure that out?
    "I think that the BRY deal synergies have already been figured out as an overall bad deal. It's not accretive and shows minimum capacity for meaningful growth."

    Great stuff......oh, so just assume, and don't bother to explain specifically why? LOL

    No mention of 8 Permian "packages" ready to deal? Are they going to be a bad deal also?
    No mention of the pending Diamondback results for the horizontal drilling?
    No detail as to why you think that you are correct and the comments by management are not?

    It is starting to sound like lots of old-reruns over and over....right?

    From another reply to your similar post:
    "ronharv, you said this before:
    "Right now I'm confident that 2014 will offer no dist. increase (nor should it) and have my doubts about 2015."

    You are "confident" based on what? Merely how you feel?

    and,
    now you say it again....but as was already pointed out... that is not what Linn management actually said...right?

    ....specifically in this:
    "February 27, 2014,
    LINN Energy Announces Fourth Quarter and Full-Year 2013 Results and 2014 Outlook"

    Why don't you read what they posted ?

    SPECIFICALLY this part:
    "All potential options are targeted to increase cash available for distribution"

    And, It is in this part:
    "Permian Basin Strategic Alternatives"

    When you re-read it, please do not forget to read about just how they will do it, and the current work now in the " Wolfcamp B zone ."

    So, since Linn says otherwise.... no surprise (again)... I will believe management....not you....
    Here is a part of heir posted info:

    "All potential options are targeted to increase cash available for distribution and will also have the potential to lower the Company's overall decline rate and capital intensity. LINN believes its Midland Basin position has tremendous value and is very focused on a thorough process of evaluation in order to fully maximize its value potential."

  • Reply to

    You All Live On A Yellow Submarine.......

    by crusnthrulife05 Mar 12, 2014 10:09 AM
    sandonthebeach47 sandonthebeach47 Mar 13, 2014 11:20 AM Flag

    cruzin, is that you again?
    What a nice surprise.

    The more I read, the more I think that Linn management are a group of pretty smart guys.

    And,
    I would be watching for some info from them maybe starting with the Diamondback stuff, then followed by Permian basin 8 "packages" etc.......you think maybe sometime in the next 2 weeks?

    Cruzin,did you re-read these yet?

    "Linn Energy Sticks A Dagger In The Vocal Short Seller Crowd
    Feb. 22, 2013 6:39 AM ET by Tim Plaehn "

    “Linn Energy LLC Blows Up The Short Sellers
    Feb. 26, 2013 10:48 AM ET, by Elliot Gue”

    From the Linn website:
    LINN Energy Response to Another Round of Short Seller Comments, April 1, 2013

    LINN’s Hedging Strategy and Response To Inaccurate Statements Made By An Anonymous Short Seller, Feb. 15, 2013
    .

    .

  • Reply to

    Cramer Misreprepresented

    by jimygibb Mar 12, 2014 2:32 PM
    sandonthebeach47 sandonthebeach47 Mar 12, 2014 6:53 PM Flag

    Norris ...but they are so funny....how can you not read the posts?

    I really like some of them like this one.

    "The "dividend" is not safe. Management tells you it is safe. Basically they borrow money or issues shares to buy assets (or companies) which ostensibly have cash flows, and then pay a huge dividend without any regard for how profitable they are. DCF (or its nameless LINE variant) is the biggest scam on the market. They pay out the capital of the company while building up debt to the moon. "

    Did you notice that there is no mention of the stated company strategy which is to grow by buying assets/companies & also by organic growth and it is posted on the website (so it seems like he just blamed them for what is obviously their business model). ... Very funny stuff.

    Did you notice that there is no mention of the Linn proven reserves now at 1.1 billion barrels....the same as PXD has posted in their presentation....what does he think Linn gets when they buy assets....only some cash flow?....."which ostensibly have cash flows"

    How about stacked plays, added target zones, added proven reserves, existing production, sometimes some nice surprises like when they bought the Bakken for what seemed like lots at the time (~17K/acre) .....then later on USGS also included the Three Forks in their recoverable reserve estimate when they updated their own 2008 estimate and before the Continental resources estimates,...so, in 2013 someone already paid ~40K/acre in North Dakota.

    The only scam I see are the posts that are so obviously misinformation.

  • sandonthebeach47 sandonthebeach47 Mar 12, 2014 6:16 PM Flag

    ronharv, you said this before:
    "Right now I'm confident that 2014 will offer no dist. increase (nor should it) and have my doubts about 2015."

    You are "confident" based on what? Merely how you feel?

    and,
    now you say it again....but as was already pointed out... that is not what Linn management actually said...right?
    In specifically in this:
    "February 27, 2014,
    LINN Energy Announces Fourth Quarter and Full-Year 2013 Results and 2014 Outlook"

    Why don't you read what they posted ?

    SPECIFICALLY this part:
    "All potential options are targeted to increase cash available for distribution"

    It is in this part:
    "Permian Basin Strategic Alternatives"

    When you re-read it, please do not forget to read about just how they will do it, and the current work now in the " Wolfcamp B zone ."

    So, since Linn says otherwise.... no surprise... I will believe management....not you.

    Here is a part of heir posted info:

    "All potential options are targeted to increase cash available for distribution and will also have the potential to lower the Company's overall decline rate and capital intensity. LINN believes its Midland Basin position has tremendous value and is very focused on a thorough process of evaluation in order to fully maximize its value potential."

  • sandonthebeach47 sandonthebeach47 Mar 12, 2014 4:42 PM Flag

    sure, just sounds like more old-re-runs.....did you read these yet?

    "Linn Energy Sticks A Dagger In The Vocal Short Seller Crowd
    Feb. 22, 2013 6:39 AM ET by Tim Plaehn "

    “Linn Energy LLC Blows Up The Short Sellers
    Feb. 26, 2013 10:48 AM ET, by Elliot Gue”

    From the Linn website:
    LINN Energy Response to Another Round of Short Seller Comments April 1, 2013

    Maybe you should consider it.

  • Reply to

    You All Live On A Yellow Submarine.......

    by crusnthrulife05 Mar 12, 2014 10:09 AM
    sandonthebeach47 sandonthebeach47 Mar 12, 2014 10:20 AM Flag

    cruzin, you can keep hiding & ignoring what they write but those Seeking Alpha authors just seem to keep on writing....

    .....you miss that one below too?

    "Linn Energy LLC Blows Up The Short Sellers
    Feb. 26, 2013 10:48 AM ET, by Elliot Gue "

  • Reply to

    Not So Great Expectations

    by fredrickson01 Mar 11, 2014 1:19 PM
    sandonthebeach47 sandonthebeach47 Mar 11, 2014 5:13 PM Flag

    rrb....more incorrect stories that you like to make up.....lots of nonsense...but at least you show your true colors.

    As far as the Hogshooter....Linn posted the results of the Oklahoma hogshooters at an average IP rate of 3,800 boe/day....and also discussed them in the last call as ranging from 1,000 boe/day to 5,400 boe/day.....so while you continue to post gibberish, most here do know about the shift from the Texas Hogshooters to the Mayfield Oklahoma Hogshooters.

    But we see that you still get a bit confused.

    And on this sarcastic nonsense:
    "I still can't help but chuckle about how Linn bond isn't at $40"

    Well it did get to $42.59....not only $40. Please feel free to check....and that was before all of the new BRY assets.

    On this other gibberish:
    "In short, you are a cheerleader with rose colored glasses"

    Nope, you are just a noisy basher....but I am not a cheerleader and they do not need one.

    ....but I do like the company and the management and their assets and the innovations in financing acquisitions including the 8 Permian packages.

    ....and I expect them increase distributions in 2014, to do between $5.5 billion & 10.5 Billion in acquisitions in 2014 which is based on their slide that lists the last 4 years of acquisitions totals.

    So when you take a break from your story-time....see if you can find it and then read the top section.

  • Reply to

    Not So Great Expectations

    by fredrickson01 Mar 11, 2014 1:19 PM
    sandonthebeach47 sandonthebeach47 Mar 11, 2014 1:36 PM Flag

    nope....
    on this:
    "It is also troubling that the acquisition path toward production and distribution growth would appear hampered by a weak stock price coupled with a high yield. This makes for a weak currency for buying more companies..."

    Why?

    ...was pretty clearly explained in the last CC.....[would you need the time-location in the conference call?].....or you can just ask Norris to explain why the Permian was sectioned into 8 "packages".

  • sandonthebeach47 sandonthebeach47 Mar 9, 2014 9:39 PM Flag

    Well, it looks like finviz seems to agree with your uptrend prediction.

    But I think that the div % will not be as much of a driver to higher unit prices as will the acquisitions and oily-production numbers and other fundamentals.

    This for example was some interesting stuff:

    "Chesapeake Energy Corp. is expanding its drilling objectives in the Anadarko Basin to oilier formations with three rigs at work in the Tonkawa Sands, six in the Cleveland sands, and up to 11 targeting various Granite Wash objectives, including a two- to four-rig program focusing on the Hogshooter Wash portion of the Granite Wash.

    Houston-based Linn Energy also encountered lower than expected results from the Hogshooter Granite Wash interval in Wheeler County, Texas, where the company has drilled 28 horizontal wells. The MLP is shifting 2013 drilling efforts east across the Oklahoma border.

    Of the four initial Hogshooter Wash wells drilled near Mayfield, Okla., Linn reported average IP rates of 3,375 Boepd, 72% liquids. Linn is running four rigs in the Oklahoma portion of the Granite Wash in 2013 and will drill 60 Hogshooter locations on its 25,000 net acres. The company will spend less capital in 2013 because of a lower average working interest in its Oklahoma acreage, but is evaluating shallower oil-bearing intervals as part of its Oklahoma Hogshooter effort. Meanwhile, Linn is temporarily suspending its Granite Wash program in Wheeler County, Texas, while it re-evaluates geologic data from the area.

    Elsewhere, Newfield Exploration Inc. is experimenting with stacked horizontal laterals in the Granite Wash targeting the Marmaton Redford, and Cherokee Wash intervals."

    And,

    in the last conference call Mr. Ellis mentioned the updated Mayfield Hogshooter well results for those who want to hear the details....when he gives a range from 1,000 boe/day to 5,400 boe/day IP rates for the Oklahoma Hogshooter wells .

  • Reply to

    Somebody must know Something!

    by sandra888us Mar 6, 2014 7:22 PM
    sandonthebeach47 sandonthebeach47 Mar 7, 2014 12:54 PM Flag

    rrb,

    Why not just read a little about it?

    David White wrote an interesting SA article on the Hogshooter....did you miss that one too?

    "The Hogshooter May Be Hotter Than The Bakken And The Eagle Ford"

    Or,
    maybe you also missed some of the other reports from industry too?

    Here:
    "Chesapeake Energy Corporation Announces Significant New Discovery in the Hogshooter Play of the Texas Panhandle and Western Oklahoma


    Exploratory Hogshooter Well Has Produced an Average of Approximately 7,350 Boe per Day During Its First Eight Days of Stabilized Production

    Company Believes It Will Drill Approximately 65 Additional Wells in the Play During the Next Few Years"

    Some of the detail from that news release:

    "Chesapeake Energy Corporation (NYSE: CHK) today announced a significant new discovery in the Hogshooter play in the Anadarko Basin of the Texas Panhandle and western Oklahoma. Chesapeake owns approximately 30,000 net acres in the play, which are more than 90% held by production (HBP) from its legacy deeper Granite Wash production.

    Chesapeake has completed two horizontal wells in the Hogshooter formation to date. The Thurman Horn 406H well was drilled to a vertical depth of approximately 10,000 feet with a lateral section of approximately 4,900 feet. This successful exploratory well was drilled more than five miles from established Hogshooter production, but in a section of land where three wells had already been drilled to other formations. During its first eight days of stabilized production, the well averaged daily production of 5,400 barrels (bbls) of oil, 1,200 bbls of natural gas liquids (NGL) and 4.6 million cubic feet of natural gas (mmcf), or approximately 7,350 bbls of oil equivalent (boe) per day. Total cumulative production, which includes five days of flowback testing, is 68,400 boe. Current daily production is approximately 7,000 boe."

    Hope that is all the help you need for now.

LINE
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