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Linn energy $LINE

Posted on 6/17/13 at 1:38 pm
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12575 posts
Posted on 6/17/13 at 1:38 pm
Someone know why the stock has been tanking?? Something to do with the buy out of berry??
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 6/17/13 at 1:40 pm to
The yield is 10% now wow
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12575 posts
Posted on 6/17/13 at 2:23 pm to
Just a ratio to the price chsnge
Posted by Duck
Member since Dec 2006
361 posts
Posted on 6/17/13 at 2:48 pm to
There have been a series of Barron's articles and some negative comments about the "staying power" of their production.
Posted by ynlvr
Rocket City
Member since Feb 2009
4583 posts
Posted on 6/17/13 at 2:55 pm to
Barron's story questioned their accounting for financial derivative hedging activity. Management refutes but the story is still out there.
This post was edited on 6/17/13 at 2:56 pm
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12575 posts
Posted on 6/17/13 at 8:14 pm to
Know what the conference call is all about tomorrow?
Posted by sneakytiger
Member since Oct 2007
2471 posts
Posted on 6/17/13 at 8:47 pm to
Interesting stuff; haven't kept up with these guys. It seems like less of an accounting issue and more with the partnership agreement and the calculation of distributable cash. I know they aren't your standard MLP, but it seems weird that they don't provide a direct reconciliation to the distribution so it's hard to see their coverage.
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12575 posts
Posted on 6/18/13 at 12:27 pm to
I'm buying
Posted by Reel Tiger
Fishing Camp
Member since Dec 2007
124 posts
Posted on 6/19/13 at 11:19 am to
Their distribution yield is adjusting for the recent rising interest rates .... hence the drop in unit price.
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