Linn Energy swings to Q2 loss

Output aims: Linn ramps up production but books net losses on derivatives

Houston’s Linn Energy swung to a net loss in the second quarter on non-cash derivative losses during a period in which the explorer signed a string of still-pending large acquisition and divestment deals.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login