Home › Linn Energy Slashes Dividend, Capital Spending
 

Keywords :   


Linn Energy Slashes Dividend, Capital Spending

2015-01-03 04:54:48| Energy - Topix.net

Linn Energy LLC said Friday that it will cut its payouts to shareholders by more than half as the oil and natural-gas producer slashes capital spending to weather lower oil prices. The move marks the first time Linn has cut its dividend-like payments since going public in 2006, and comes after its stock fell 69% over the last six months of 2014.

Tags: capital energy spending dividend

Category:Energy and Environment

Latest from this category

All news
03.07Call2Recycle Launches Battery Recycling Program in Nova Scotia, Canada
03.07Hydrovolt Set to Open Battery Recycling Facility in Frances Battery Valley
03.07Eastmans Announces Molecular Recycling Facility Using Thermal Battery Tech in Texas
03.07EPAs PFAS Hazardous Substance Rule on the Horizon
03.07This Month in Waste: Top Stories for June 2024
02.07Greyparrot and VAN DYK Bring AI to MRFs Across the U.S.
02.07Grove Collaborative Announces New Sustainability Goals, Recommits to Moving the Industry Beyond Plastic
02.07Aldi Chops Off Pineapple Crowns in a New Trial to Save 1,400 Tonnes of Food Waste
Energy and Environment »
06.07Tropical Storm Beryl Forecast Discussion Number 30
06.07Summary for Tropical Storm Beryl (AT2/AL022024)
06.07Tropical Storm Beryl Forecast Advisory Number 30
06.07Post-Tropical Cyclone Aletta Graphics
06.07Post-Tropical Cyclone Aletta Wind Speed Probabilities Number 7
06.07Post-Tropical Cyclone Aletta Forecast Advisory Number 7
06.07Post-Tropical Cyclone Aletta Public Advisory Number 7
06.07Summary for Post-Tropical Cyclone Aletta (EP1/EP012024)
More »