Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Linn Energy (LINE) slightly raises its FY2012 EBITDA outlook to ~$1.365B, up from $1.35B, and...

  • Thursday, September 27, 2012, 4:47 PM ET
    Linn Energy (LINE) slightly raises its FY2012 EBITDA outlook to ~$1.365B, up from $1.35B, and updates full-year total production guidance to 660-685 MMcfe/day. During Q3, LINE drilled nine new horizontal Hogshooter wells with an average initial production rate of 1,983 bbl/day of oil, 534 bbl/day of NGLs and 3.4 MMcf/day of natural gas per well.
Track new comments on this story

This news story has 8 comments:

  •  
    One great company with an exceptionally talented management team, in my opinion.
    27 Sep 2012, 05:50 PM Reply Like
  •  
    effect on div. +/- how much?
    27 Sep 2012, 06:07 PM Reply Like
  •  
    Those are some incredible IP results.
    27 Sep 2012, 06:55 PM Reply Like
  •  
    I am glad I own it.
    27 Sep 2012, 08:25 PM Reply Like
  •  
    buy more on any dip below $40...
    28 Sep 2012, 07:11 AM Reply Like
  •  
    Hogshooter - remember that name
    28 Sep 2012, 10:45 AM Reply Like
  •  
    Chesapeake has been very successful in this play and expanding their drilling activity.
    28 Sep 2012, 11:44 AM Reply Like
  •  
    This move over $40 (and now over $41) appears to have some strength to it. Now with this news, maybe the high $30s will become support and we some higher highs going into the winter.

    Just wish I'd bought more when I picked up some right under $35. We may not see that # again unless energy prices swoon.
    29 Sep 2012, 05:22 AM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Energy & Materials Articles
More Latest Articles »