Linn Energy

LINN Energy’s mission is to acquire, develop and maximize cash flow from a growing portfolio of long-life oil and natural gas assets. Thanks to the steadfast commitment of our employees, LINN Energy has grown from a handful of natural gas wells in 2003 to a top-20 independent U.S. E&P company with approximately 7.3 Tcfe of proved reserves in producing U.S. basins as of December 31, 2014. LINN Energy became the first publicly traded independent oil and natural gas limited liability company (LLC) in January 2006. Since then, the Company has grown through 62 transactions totaling approximately $17 billion and to over 1,800 employees spread across the United States. Headquartered in Houston, Texas, the Company’s core focus areas are the Rockies, California, Hugoton Basin, Mid-Continent, Permian Basin, east Texas and north Louisiana (“TexLa”), Michigan, Illinois and South Texas.
Type
Public
HQ
Houston, US
Founded
2003
Size (employees)
1,760 (est)
Linn Energy was founded in 2003 and is headquartered in Houston, US

Linn Energy Office Locations

Linn Energy has an office in Houston
Houston, US (HQ)
5100 600 Travis St

Linn Energy Financials and Metrics

Linn Energy Financials

Linn Energy's revenue was reported to be $80.4 m in Q1, 2017
USD

Revenue (Q1, 2017)

80.4 m

Net income (Q1, 2017)

(7.3 m)

Cash (31-Mar-2017)

1.1 m
USDFY, 2016

Revenue

917.7 m

Sales and marketing expense

317 m

General and administrative expense

237.8 m

Operating expense total

554.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

597 m1.4 b916.5 m321.8 m998.3 m414.8 m155.4 m385.7 m80.4 m

Sales and marketing expense

184.9 m191.6 m173 m140.7 m154.1 m137.6 m115.5 m117.5 m27.2 m

General and administrative expense

66.9 m75.4 m79 m98.7 m60.1 m86.5 m59.6 m50.2 m10.4 m

Operating expense total

251.8 m267 m252 m239.3 m214.2 m224.2 m175.2 m167.7 m37.6 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

52.2 m1.8 m2.2 m694.9 m

Accounts Receivable

5 m

Current Assets

815.9 m1.7 b1.6 b1 b

Total Assets

16.5 b16.4 b10 b4.7 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

38.3 m59.2 m48.3 m3.9 m344.8 m1.1 b774.6 m800.5 m1.1 m

Current Assets

787.4 m2.9 b1.7 b1.5 b1.9 b2.4 b1.1 b1.1 b357.3 m

Total Assets

16.3 b18.9 b15.9 b15.5 b13.6 b9.4 b7.5 b7.4 b3.6 b

Accounts Payable

860.2 m827 m608.9 m579.3 m568.3 m368.1 m347.9 m363 m334.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(691.3 m)(451.8 m)(4.8 b)(2.2 b)

Depreciation and Amortization

829.3 m1.1 b805.8 m404.2 m

Cash From Operating Activities

1.2 b1.7 b1.2 b880.5 m

Cash From Investing Activities

(1.3 b)(1.9 b)(307.3 m)(235.8 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(207.9 m)(4.1 m)(339.2 m)(379.1 m)(1.6 b)(1.3 b)208.5 m(198.4 m)(7.3 m)

Depreciation and Amortization

274.4 m290.3 m215 m215.7 m207.2 m164.1 m143.2 m142.4 m21.4 m

Accounts Payable

860.2 m827 m608.9 m579.3 m568.3 m368.1 m347.9 m363 m334.2 m
USDY, 2017

Revenue/Employee

45.7 k
Show all financial metrics

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Linn Energy Company Life and Culture

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