Linn Energy books Q3 loss

Houston’s Linn Energy has reported a quarterly net loss of $4 million despite ramping up production and sales as a large impairment on closing its Midland sub-basin divestiture to ExxonMobil swallowed up increased revenues.

Production push: Linn Energy raises output by 51% from much-altered portfolio in Q3
Production push: Linn Energy raises output by 51% from much-altered portfolio in Q3
Published 4 November 2014, 12:25Updated 11 October 2016, 16:23
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