Last €11.14 EUR
Change Today +0.69 / 6.60%
Volume 605.0
LI8 On Other Exchanges
Symbol
Exchange
Frankfurt
As of 11:46 AM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

linn energy llc-units (LI8) Snapshot

Open
€10.54
Previous Close
€10.45
Day High
€11.15
Day Low
€10.52
52 Week High
09/5/14 - €24.88
52 Week Low
12/16/14 - €7.41
Market Cap
3.7B
Average Volume 10 Days
1.2K
EPS TTM
--
Shares Outstanding
335.6M
EX-Date
03/10/15
P/E TM
--
Dividend
€1.25
Dividend Yield
18.02%
Current Stock Chart for LINN ENERGY LLC-UNITS (LI8)

linn energy llc-units (LI8) Related Businessweek News

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linn energy llc-units (LI8) Details

Linn Energy, LLC, an independent oil and natural gas company, acquires and develops oil and natural gas properties in the Unites States. Its properties are located in the Rockies, the Hugoton Basin, California, east Texas and north Louisiana, the Mid-Continent, the Permian Basin, Michigan/Illinois, and south Texas. As of December 31, 2014, the company had proved reserves of 7,304 billion cubic feet equivalent; and operated 19,591 gross productive wells. Linn Energy, LLC was founded in 2003 and is headquartered in Houston, Texas.

1,800 Employees
Last Reported Date: 02/19/15
Founded in 2003

linn energy llc-units (LI8) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $850.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $475.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $475.0K
Chief Accounting Officer and Executive Vice P...
Total Annual Compensation: $425.0K
Compensation as of Fiscal Year 2013.

linn energy llc-units (LI8) Key Developments

LINN Energy, LLC Declares Monthly Cash Distribution, Payable on March 17, 2015

LINN Energy, LLC declared a monthly cash distribution of $0.1042 per unit, or $1.25 per unit on an annualized basis, for all of its outstanding units. The distribution will be payable on March 17, 2015, to unit holders of record as of the close of business on March 12, 2015.

Linn Energy, LLC Announces Earnings and Production Results for the Fourth Quarter and Year Ended December 31, 2014; Revised Production and Capital Budget Guidance for the Full Year of 2015; Reports Non-Cash Impairment Charges for the Fourth Quarter of 2014

Linn Energy, LLC announced earnings and production results for the fourth quarter and year ended December 31, 2014. Total revenues and other were approximately $2.2 billion for the fourth quarter 2014, compared to $629 million for the fourth quarter 2013, which includes gains and (losses) related to non-cash changes in fair value of unsettled commodity derivatives of approximately $1.2 billion and loss of $44 million, respectively. For the fourth quarter 2014, the company reported a net loss of approximately $155 million, or $0.47 per unit, which includes non-cash impairment charges of approximately $1.7 billion, or $5.16 per unit, and non-cash gains related to changes in fair value of unsettled commodity derivatives of approximately $1.2 billion, or $3.70 per unit. For the fourth quarter 2013, the company reported a net loss of approximately $785 million, or $3.15 per unit, which includes non-cash impairment charges of approximately $790 million, or $3.16 per unit, and non-cash losses related to changes in fair value of unsettled commodity derivatives of approximately $44 million, or $0.18 per unit. Net cash provided by operating activities was $276,080,000 compared with $225,701,000 for the same period a year ago. Total revenues and other were approximately $5.0 billion for the year ended December 31, 2014, compared to $2.3 billion for the year ended December 31, 2013, which includes gains and (losses) related to non-cash changes in fair value of unsettled commodity derivatives of approximately $1.0 billion and loss of $60 million, respectively. For the year ended December 31, 2014, the company reported a net loss of approximately $452 million, or $1.40 per unit, which includes non-cash impairment charges of approximately $2.3 billion, or $7.00 per unit, and non-cash gains related to changes in fair value of unsettled commodity derivatives of approximately $1.0 billion, or $3.13 per unit. The non-cash impairment charges for the year ended December 31, 2014, were primarily related to lower commodity prices at year-end as described above. For the year ended December 31, 2013, the company reported a net loss of approximately $691 million, or $2.94 per unit, which includes non-cash impairment charges of approximately $828 million, or $3.49 per unit, and non-cash losses related to changes in fair value of unsettled commodity derivatives of approximately $60 million, or $0.25 per unit. Net cash provided by operating activities was $1,711,890,000 compared with $1,166,212,000 for the same period a year ago. Production increased 53% to 1,358 MMcfe/d for the fourth quarter 2014, compared to 889 MMcfe/d for the fourth quarter 2013. This increase is primarily attributable to acquisitions as well as results from the Company's capital program. Production increased 47% to 1,210 MMcfe/d for the year ended December 31, 2014, compared to 822 MMcfe/d for the year ended December 31, 2013. This increase is primarily attributable to acquisitions as well as results from the company's capital program. The company revised production and capital budget guidance for the full year of 2015. The company has further revised its 2015 oil and natural gas capital budget to approximately $520 million, which is approximately 29% lower than the previously announced level of $730 million and approximately 65% lower than the amount spent in 2014. After a significant reduction in capital expenditures, LINN expects only a modest decline in production during the year as a result of the stable character of its asset base. The company also plans to spend approximately $80 million on plant, pipeline and other projects during the year. The company expects to fully fund its 2015 oil and natural gas capital expenditures of approximately $520 million, along with the distribution of approximately $417 million, from internally generated cash flow. Assuming the targeted cost savings described below, the company expects to live within cash flow for the year while funding its entire $600 million capital budget. Average annual production of 1,090 to 1,200 MMcfe/d. The company expects production to average approximately 1.12 to 1.24 Bcfe per day for the first quarter of 2015. For the fourth quarter of 2014, the company recorded non-cash impairment charges of approximately $1.7 billion.

Linn Energy, LLC Presents at Credit Suisse Energy Summit 2015, Feb-23-2015

Linn Energy, LLC Presents at Credit Suisse Energy Summit 2015, Feb-23-2015 . Venue: Vail Cascade Resort & Spa, 1300 Westhaven Drive, Vail, Colorado, United States. Speakers: Kolja Rockov, Chief Financial Officer and Executive Vice President, Mark E. Ellis, Chairman of the Board, Chief Executive Officer, President, President of Linn Energy Holdings, LLC and President of Linn Operating, Inc.

 

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Price/Sales 1.1x
Price/Book 0.9x
Price/Cash Flow 2.9x
TEV/Sales NM Not Meaningful
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