LINN Energy Announces Second Quarter Earnings Release; Riviera Resources Investor Conference Call and Attendance at Investor Conferences; Provides Additional Information Regarding Anticipated Tax Treatment of Riviera Distribution
- Riviera Resources executive management team will host an Investor Conference Call on
August 23, 2018.
- Riviera Resources management will attend the Barclay’s and Johnson Rice Investor Conferences in September.
- The Company anticipates releasing a “reasonable estimate” of earnings and profits to applicable withholding agents in connection with the spin-off of Riviera of less than
Second Quarter Earnings Release / Form 10‑Q
The Company will release financial and operating results for the second quarter 2018 and file its second quarter form 10-Q with the
Riviera Resources Investor Conference Call
Riviera Resources will host a conference call
Investors and analysts are invited to participate in the call by dialing (844) 625-4392, or (409) 497-0988 for international calls using Conference ID: 2336839. Interested parties may also listen over the internet at www.RivieraResourcesInc.com.
A replay of the call will be available on Riviera’s website or by phone until
Presentation materials will be made available prior to the start of the call on Riviera’s website www.RivieraResourcesInc.com under the Investor Relations tab on the date of the events.
Riviera Resources Conference Attendances
Riviera Resources announces that members of senior management will be available for one-on-one meetings with investors in
Presentation materials will be available on Riviera Resource’s website at www.RivieraResourcesInc.com under the Investor Relations tab on the date of the events.
Taxable Distribution and Potential Tax Withholding
As indicated in a previous press release dated
As previously indicated, LINN expects that it will publish
LINN STOCKHOLDERS ARE ENCOURAGED TO CONSULT THEIR OWN TAX ADVISORS REGARDING THE PARTICULAR TAX CONSEQUENCES OF THE SPIN-OFF TO THEM.
Statements made in this press release that are not historical facts are “forward-looking statements.” These statements are based on certain assumptions and expectations made by the Company, which reflect management’s experience, estimates and perception of historical trends, current conditions and anticipated future developments. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or anticipated in the forward-looking statements. These include risks relating to uncertainties that may delay or negatively impact the Spin-Off or cause the Spin-Off to be delayed or to not occur at all, uncertainties related to the Company’s and Riviera' ability to realize the anticipated benefits of the Spin-Off, the potential negative effects of the Spin-Off, the availability of sufficient cash flow to execute our business plan, continued low or further declining commodity prices and demand for oil, natural gas and natural gas liquids, ability to hedge future production, ability to replace reserves and efficiently develop current reserves, the capacity and utilization of midstream facilities and the regulatory environment. These and other important factors could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Please read “Risk Factors” in the Company’s Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other public filings as well as the risk factors in Riviera’s Registration Statement on Form S-1. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information or future events.
Source: Linn Energy, Inc.