There are many different types companies are available to produce the clean natural gas and the natural gas very convenient to use and also easy to transport to other areas for the purpose of industrial uses. The U.S natural gas industry is produced the large gas in all houses for lighting, heating and cooking by the people. The natural gas can be found in the earth’s crust but not only the gas is found on the earth surface and also oil can be found in the underground earth formation. The types of natural gas, natural gas liquids and petroleum gas can be manufactured in the Linn energy company. The Linn energy company is the public company and it is one of the petroleum industries company in Houston.
History of the Linn energy company
The Linn energy company can be founded in the year of two thousand and three and the founder name is Michael Linn. There are many different kinds of key people are present in the Linn energy company and it includes senior vice president, executive vice president and the director. This company product the two gas and such as natural gas and petroleum gas and this is one of the popular gas companies in the place of Texas. There are a number of employees are work in the Linn energy company and in the year of two thousand fifteen one thousand seven hundred employees are worked in the Linn company. The operating income of the company is thousand and five hundred billion dollars in the last year and the company got the revenue of two thousand and eight hundred billion dollars in the year of two thousand fifteen. The Linn energy company manages the gas and oil producing in the particular areas and it includes green river basin, premian basin, hugton natural gas area, East Texas oil field and power river basin.
Structure of the Linn energy company
Linn Energy Company is not popular in the year of two thousand and three and the company reached a good place in the year of two thousand and six and it became a public company in the same year. The stock price rate can be decreased or increase day by day and in the present rate of the Linn energy stock price is decreasing at two percent from the current price. The Linn energy stocks are shares in the share market and recently the share is down from four percent. The company is transactions only a few natural gas in the year of two thousand and three but today, there are dozens of transactions are present in the Linn Company. The Linn company is achieved a great level of the natural gas production and it is the top most gas production company in the place of U.S. the company can take the low risk of find the oil and but the oil and gas price is not good in rate and in recent times, the natural gas and oil gas prices are down in YTD.