LINN Energy (LINE) Posts Q4 GAAP loss of $7.05/Share; Will Evaluate Alternatives
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LINN Energy Announces Fourth Quarter and Full-Year 2015 Results; Announces 2016 Outlook
March 15, 2016 6:45 AM EDTHOUSTON, March 15, 2016 (GLOBE NEWSWIRE) -- LINN Energy, LLC (NASDAQ: LINE) (LINN or the Company) and LinnCo, LLC (NASDAQ: LNCO) (LinnCo) announced today financial and operating results for the fourth quarter and year ended December 31, 2015, and outlook for 2016.
LINN Energy reported the following fourth quarter and full-year 2015 results:
Average daily production of approximately 1,134 MMcfe/d for the fourth quarter 2015 and full-year 2015 production of approximately 1,188 MMcfe/d;Total revenues of approximately $647 million for the fourth quarter 2015, which includes gains on oil and natural gas derivatives of... More