Skip to main content Supplemental Q3 2014 Financial and Operational Results – Linn Energy, Llc Investor Presentation | Shale Experts
Loading...
Pm

Supplemental Q3 2014 Financial and Operational Results – Linn Energy, Llc

Linn Energy, Llc · Nov 4, 2014 · 11 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Supplemental Q3 2014 Financial and Operational Results – Linn Energy, Llc – slide 1
    Supplemental Q3 2014 Financial and Operational Results November 4, 2014
  2. Supplemental Q3 2014 Financial and Operational Results – Linn Energy, Llc – slide 2
    Commodity Hedge Positions Natural Gas Positions 600 550 4.51 5.12 4.48 500 5.14 5.00 5.00 450 4.88 Volumes (MMcf/d) 5.00 400 38% 38% 36% 350 300 45% 250 200 5.19 4.20 4.26 150 5.25 5.00 100 50 - Oct-Dec 2014…
  3. Supplemental Q3 2014 Financial and Operational Results – Linn Energy, Llc – slide 3
    Excess (Shortfall) of Net Cash (6) Three Months Ended Nine Months Ended September 30, September 30, 2014 2013 2014 2013 (in thousands) Net cash provided by operating activities 520,175 379,155 1,435,810 940,511 Distributions to…
  4. Supplemental Q3 2014 Financial and Operational Results – Linn Energy, Llc – slide 4
    Statements of Operations Three Months Ended Nine Months Ended September 30, September 30, 2014 2013 2014 2013 (Unaudited) (in thousands, except per unit amounts) Revenues and other: Oil, natural gas and natural gas liquids sales…
  5. Supplemental Q3 2014 Financial and Operational Results – Linn Energy, Llc – slide 5
    Operating Statistics Three Months Ended September 30, 2014 2013 Average daily production Natural gas (MMcf/d) 600 458 Oil (MBbls/d) 74.0 32.4 NGL (MBbls/d) 33.5 28.4 Total (MMcfe/d) 1,245 823 Weighted average prices: (1)…
  6. Supplemental Q3 2014 Financial and Operational Results – Linn Energy, Llc – slide 6
    Additional Financial Data Selected Balance Sheet Data September 30, December 31, 2014 2013 (Unaudited) (in thousands) Assets: Total current assets 2,949,590 815,940 Oil and natural gas properties, net 15,036,848 14,342,275 Other…
  7. Supplemental Q3 2014 Financial and Operational Results – Linn Energy, Llc – slide 7
    Guidance Table Q4 2014E FY 2014E Net Production (1) Natural gas (MMcf/d) 718 - 747 572 - 583 Oil (Bbls/d) 71,130 - 74,000 72,300 - 73,800 NGL (Bbls/d) 34,200 - 35,700 32,870 - 33,540 Total (MMcfe/d) 1,350 - 1,405 1,203 - 1,227…
  8. Supplemental Q3 2014 Financial and Operational Results – Linn Energy, Llc – slide 8
    Guidance Table (Continued) Commodity Hedge Positions Q4 2014E Natural gas positions: Fixed price swaps (NYMEX Henry Hub): Hedged volume (MMMBtu) 24,550 Average price (/MMBtu) 5.25 Put options (NYMEX Henry Hub): Hedged volume…
  9. Supplemental Q3 2014 Financial and Operational Results – Linn Energy, Llc – slide 9
    Guidance Table (Continued) Commodity Hedge Positions Q4 2014E (1) Natural gas basis differential positions: Panhandle basis swaps: Hedged volume (MMMBtu) 20,010 Hedged differential (/MMBtu) (0.33) NWPL Rockies basis swaps:…
  10. Supplemental Q3 2014 Financial and Operational Results – Linn Energy, Llc – slide 10
    Commodity Hedge Portfolio October 1 - December 31, 2014 2015 2016 2017 2018 Natural gas positions: Fixed price swaps (NYMEX Henry Hub): Hedged volume (MMMBtu) 24,550 118,041 121,841 120,122 36,500 Average price (/MMBtu) 5.25 5.19…
  11. Supplemental Q3 2014 Financial and Operational Results – Linn Energy, Llc – slide 11
    Commodity Hedge Portfolio (Continued) October 1 - December 31, 2014 2015 2016 2017 2018 (1) Natural gas basis differential positions: Panhandle basis swaps: Hedged volume (MMMBtu) 20,010 87,162 59,954 59,138 16,425 Hedged…

From the store

Browse maps, data & reports in the Shale Experts store