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Is Linn Energy's Distribution Cut The Result Of Bad Deals In 2014?

2015-01-04 14:51:43| Chemicals - Topix.net

The consensus is that Linn Energy and cut its distribution by more than 50% because it had insufficient hedges in place, and that to a certain extent a distribution cut is inevitable for an E&P MLP if the commodity price falls fast enough and far enough. Linn managed to successfully navigate the crash of 2008 without cutting or suspending its distribution.

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Category:Chemicals

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