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Last €2.99 EUR
Change Today -0.021 / -0.70%
Volume 0.0
LI8 On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 6:07 AM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

linn energy llc-units (LI8) Snapshot

Open
€3.00
Previous Close
€3.01
Day High
€3.00
Day Low
€2.99
52 Week High
09/5/14 - €24.88
52 Week Low
08/4/15 - €2.99
Market Cap
1.1B
Average Volume 10 Days
2.0K
EPS TTM
--
Shares Outstanding
355.2M
EX-Date
08/11/15
P/E TM
--
Dividend
€1.25
Dividend Yield
53.64%
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, Chief Executive Officer, President,...
Total Annual Compensation: $900.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $500.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $500.0K
Senior Vice President of Houston Division Ope...
Total Annual Compensation: $375.0K
Chief Accounting Officer and Executive Vice P...
Total Annual Compensation: $470.0K
Compensation as of Fiscal Year 2014.

linn energy llc-units (LI8) Key Developments

Linn Energy, LLC Announces Financial and Operating Results for the Second Quarter and Cash Flow Results for the Six Months Ended June 30, 2015; Provides Financial and Operating Guidance for the Full Year of 2015

LINN Energy, LLC announced financial and operating results for the second quarter ended June 30, 2015. Production increased 8% to an average of approximately 1,219 MMcfe/d for the second quarter 2015, compared to 1,131 MMcfe/d for the second quarter 2014. This increase was primarily attributable to operational outperformance from LINN's capital program and base optimization efforts. For the second quarter 2015, the company reported a net loss of approximately $379 million, or $1.12 per unit, which includes non-cash losses related to changes in fair value of unsettled commodity derivatives of approximately $455 million, or $1.33 per unit. For the second quarter 2014, the company reported a net loss of approximately $208 million, or $0.64 per unit, which includes non-cash losses related to changes in fair value of unsettled commodity derivatives of approximately $393 million, or $1.20 per unit. Net cash provided by operating activities was $298,779,000 against $481,153,000 a year ago. Total revenues of approximately $322 million for the second quarter 2015, which includes losses on oil and natural gas derivatives of approximately $191 million. For the six months, the company reported net cash provided by operating activities of $673,482,000 against $915,635,000 a year ago. The company increased full-year 2015 production guidance by approximately 4% and decreased lease operating expenses guidance by 6%. Current guidance for the full-year 2015 anticipates funding total oil and natural gas capital expenditures, along with distributions paid through September 2015, from internally generated cash flow with an excess of net cash after total oil and natural gas development costs of approximately $200 million.

Linn Energy, LLC Recommends Suspension of Distribution

At the end of the third quarter 2015, the LINN Energy, LLC intends to recommend to the board that it suspends further payment of the LINN distribution dividend of $1.25 per unit or common share, on an annualized basis. Management and the Board will continue to evaluate, on a quarterly basis, the appropriate level of cash reserve in determining a future distribution and dividend.

Linn Energy Declares Monthly Dividend, Payable on July 16

Linn Energy announced that it will distribute an unchanged monthly dividend of $0.1042 per share. Linn Energy will pay its monthly dividend on July 16 to holders of record on July 13.

 

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Price/Cash Flow 1.1x
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