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 Metrics

Linn Energy Financial Metrics

Cash (31-Dec-2015)

$2.2 m
FY, 2013FY, 2014FY, 2015

Cash

$52.2 m$1.8 m$2.2 m

Accounts Receivable

Inventories

Current Assets

$815.9 m$1.7 b$1.6 b

Total Assets

$16.5 b$16.4 b$10 b

Accounts Payable

$849.6 m$814.8 m$455.4 m

Current Liabilities

$1.3 b$982.5 m$4.3 b

Non-Current Liabilities

$9.4 b$10.9 b$6 b

Total Liabilities

$10.6 b$11.9 b$10.2 b

Retained Earnings

($852.2 m)($5.6 b)
FY, 2013FY, 2014FY, 2015

Net Income

($691.3 m)($451.8 m)($4.8 b)

Depreciation and Amortization

$829.3 m$1.1 b$805.8 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$1.2 b$1.7 b$1.2 b

Cash From Investing Activities

($1.3 b)($1.9 b)($307.3 m)

Long-term Borrowings

($1.4 b)($4.8 b)($2.2 b)

Cash From Financing Activities

$138 m$157.9 m($941.8 m)

Linn Energy Online Presence

Linn Energy News

Linn Energy Company Life

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