Linn Energy, LLC (LINE) Misses Q1 EPS by 66c

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LINN Energy Announces First Quarter 2014 Results

May 1, 2014 6:45 AM EDT

HOUSTON, May 1, 2014 (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 three months ended March 31, 2014, and the Company's outlook for the remainder of 2014.

LINN Energy reported the following first quarter 2014 results:

Increased average daily production 39 percent to approximately 1,104 MMcfe/d for the first quarter 2014, compared to 796 MMcfe/d for the first quarter 2013; Increased oil, natural gas and NGL sales 103 percent to approximately $939 million for the first quarter 2014, compared to $463... More