
Linn Energy Is a Buy


| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
| Sales | 3.27B | 3.18B | 3.00B | 2.75B |
| Cost of Sales | 2.08B | 2.02B | 1.93B | 1.76B |
| Gross Operating Profit | 1.19B | 1.15B | 1.07B | 987.23M |
| Selling, General, and Administrative Expenses | 886.98M | 881.10M | 825.90M | 787.12M |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income before D & A (EBITDA) | 298.53M | 272.75M | 241.05M | 200.11M |
| Depreciation & Amortization | 39.78M | 40.75M | 44.96M | 44.45M |
| Interest Income | 564.00K | 429.00K | 601.00K | 343.00K |
| Other Income - Net | -18.63M | 0.00 | 0.00 | 0.00 |
| Special Income / Charges | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Income Before Interest Expenses (EBIT) | 240.68M | 232.43M | 196.69M | 156.00M |
| Interest Expense | 20.81M | 32.02M | 33.08M | 35.28M |
| Pre-Tax Income | 219.87M | 200.41M | 163.60M | 120.71M |
| Income Taxes | 83.37M | 77.34M | 65.04M | 48.14M |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing Operations | 136.50M | 123.07M | 98.56M | 72.58M |
| Net Income From Discontinued Operations | -5.82M | 0.00 | -39.00K | -90.00K |
| Net Income From Total Operations | 130.68M | 123.07M | 98.52M | 72.49M |
| Extraordinary Income/Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Cum. Effect of Acct. Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Gains / Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Net Income | 130.68M | 123.07M | 98.52M | 72.49M |
| Normalized Income (Net Income From Continuing Operations, Ex. Special Income / Charge) |
136.50M | 123.07M | 98.56M | 72.58M |
| Preferred Dividends | ||||
|---|---|---|---|---|
| Net Income Available To Common | 136.50M | 123.07M | 98.56M | 72.58M |
| Basic EPS from Continuing Ops. | 2.32 | 2.10 | 1.72 | 1.29 |
| Basic EPS from Discontinued Ops. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Total Operations | 2.32 | 2.10 | 1.72 | 1.29 |
| Basic EPS from Extraordinary Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Tax Loss Carryf'd. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Other Gains (Losses) | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS, Total | 2.32 | 2.10 | 1.72 | 1.29 |
| Basic Normalized Net Income/Share | 2.32 | 2.10 | 1.72 | 1.29 |
| EPS fr Continuing Ops. | 2.25 | 2.03 | 1.66 | 1.27 |
| EPS fr Discontinued Ops | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Total Ops. | 2.25 | 2.03 | 1.66 | 1.27 |
| EPS fr Extraord. Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Tax Loss Carfd. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Other Gains (L) | 0.00 | 0.00 | -0.01 | -0.01 |
| EPS, Total | 2.25 | 2.03 | 1.65 | 1.26 |
| Diluted Normalized Net Inc/Shr (Net Income From Continuing Operations, Ex. Special Income / Charge) |
2.25 | 2.03 | 1.66 | 1.27 |
| Dividends Paid per Share | 0.56 | 0.13 | 0.00 | 0.00 |