Impairments send Linn into red

Houston’s Linn Energy slumped to a fourth quarter and full year loss in 2014 as steep impairment charges on long-lived assets wiped out the proceeds of higher production and derivative gains.

Red result: Linn posts $452m loss in 2014
Red result: Linn posts $452m loss in 2014
Published 19 February 2015, 16:04Updated 19 February 2015, 16:09
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