
Linn Energy Is a Buy


| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
| Sales | 581.69M | 512.92M | 879.51M | 358.41M |
| Cost of Sales | 210.17M | 235.80M | 218.92M | 134.17M |
| Gross Operating Profit | 371.52M | 277.12M | 660.58M | 224.24M |
| Selling, General, and Administrative Expenses | 118.24M | 68.48M | 53.33M | 39.71M |
| Research & Development | 81.32M | 82.70M | 86.22M | 63.27M |
| Operating Income before D & A (EBITDA) | 171.96M | 125.94M | 521.03M | 121.26M |
| Depreciation & Amortization | 88.96M | 18.82M | 121.32M | 36.14M |
| Interest Income | 1.09M | 1.15M | 1.04M | 753.00K |
| Other Income - Net | -138.00K | -2.59M | -315.00K | 57.00K |
| Special Income / Charges | 0.00 | -7.51M | -6.38M | -14.70M |
| Total Income Before Interest Expenses (EBIT) | 83.94M | 98.17M | 394.05M | 71.22M |
| Interest Expense | 632.00K | 157.00K | 167.00K | 246.00K |
| Pre-Tax Income | 83.31M | 98.01M | 393.88M | 70.98M |
| Income Taxes | 27.44M | 32.62M | 143.52M | 21.01M |
| Minority Interest | 0.00 | -97.00K | -60.00K | -90.00K |
| Net Income From Continuing Operations | 55.87M | 65.50M | 250.42M | 50.06M |
| Net Income From Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Total Operations | 55.87M | 65.50M | 250.42M | 50.06M |
| 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 | 55.87M | 65.50M | 250.42M | 50.06M |
| Normalized Income (Net Income From Continuing Operations, Ex. Special Income / Charge) |
55.87M | 73.00M | 256.80M | 64.76M |
| Preferred Dividends | ||||
|---|---|---|---|---|
| Net Income Available To Common | 55.87M | 65.50M | 250.42M | 50.06M |
| Basic EPS from Continuing Ops. | 0.85 | 1.02 | 4.04 | 0.83 |
| Basic EPS from Discontinued Ops. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Total Operations | 0.85 | 1.02 | 4.04 | 0.83 |
| 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 | 0.85 | 1.02 | 4.04 | 0.83 |
| Basic Normalized Net Income/Share | 0.85 | 1.14 | 4.14 | 1.07 |
| EPS fr Continuing Ops. | 0.82 | 0.97 | 3.82 | 0.82 |
| EPS fr Discontinued Ops | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Total Ops. | 0.82 | 0.97 | 3.82 | 0.82 |
| 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 | 0.00 | 0.00 |
| EPS, Total | 0.82 | 0.97 | 3.82 | 0.82 |
| Diluted Normalized Net Inc/Shr (Net Income From Continuing Operations, Ex. Special Income / Charge) |
0.82 | 1.08 | 3.92 | 1.06 |
| Dividends Paid per Share | 0.00 | 0.00 | 0.00 | 0.00 |