More on Linn Energy (LINE): The company announces a 5% distribution increase to $2.90/unit,...

|About: Linn Energy, LLC (LINEQ)|By:, SA News Editor

More on Linn Energy (LINE): The company announces a 5% distribution increase to $2.90/unit, still maintaining a coverage ratio of 1.14X (1.15 a year ago). Natural gas production is 100% hedged through 2017. Average realized price for hedged natural gas in Q1 of $6.33/Mcf vs. $3.16 for unhedged. Shares -0.7% premarket. (PR)