Press Releases
Laredo Petroleum Announces 2016 Fourth-Quarter and Full-Year Financial and Operating Results
February 15, 2017Laredo Petroleum Provides Preliminary Results of Commodity Derivatives For Fourth-Quarter and Full-Year 2016
January 30, 2017Laredo Petroleum Announces 2017 Capital Budget of $530 Million
January 17, 2017Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or “the Company”) announces
its 2017 capital budget and anticipated production growth and its conference call to discuss fourth-quarter and fullyear 2016 results.
Laredo Petroleum Helps Preserve West Texas Landmark
November 23, 2016Laredo Petroleum, Inc. continues to uphold its values of stewardship of the environment, by assisting the Nature Conservancy with the necessary funding to preserve one of the most scenic vistas in Texas – Sawtooth Mountain. Warburg Pincus, a global private equity firm, and some of their portfolio companies, which includes Laredo, came together to donate $1.2 million in funding to preserve the 2,500 acres in the Davis Mountains of West Texas. The safeguarding of this area will assist in keeping the diverse plant and animal life protected. “Laredo Petroleum is pleased to be a part of this important conservation initiative and we share The Nature Conservancy’s commitment to environmental sustainability,” said Randy A. Foutch, Chairman and Chief Executive Officer of Laredo Petroleum.
Read MoreLaredo Petroleum Announces 2016 Third-Quarter Financial and Operating Results
November 02, 2016Laredo Petroleum Schedules Third-Quarter 2016 Earnings Conference Call for November 3 and Provides Commodity Derivatives Update
October 12, 2016Laredo Petroleum to Present at Upcoming Conference
August 25, 2016Laredo Petroleum Announces 2016 Second-Quarter Financial and Operating Results
August 03, 2016Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or “the Company”) today announced its 2016 second-quarter results, reporting a net loss attributable to common stockholders of $71.4 million, or $0.33 per diluted share, which includes a net loss on derivatives of approximately $68.5 million. Adjusted Net Income, a non-GAAP financial measure, for the second quarter of 2016 was $28.2 million, or $0.13 per diluted share. Adjusted EBITDA, a non-GAAP financial measure, for the second quarter of 2016 was $107.8 million. Please see supplemental financial information at the end of this news release for reconciliations of non-GAAP financial measures.
Read MoreLaredo Petroleum Schedules Second-Quarter 2016 Earnings Conference Call for August 4 and Provides Commodity Derivatives Update
July 20, 2016Laredo Petroleum, Inc. (NYSE:LPI) (“Laredo” or the “Company”) will host a conference call on Thursday, August 4, 2016 to discuss its second-quarter 2016 financial and operating results. The Company also announces preliminary results for its commodity derivatives for second-quarter 2016 and its basic and diluted weighted-average shares outstanding.
Read MoreLaredo Petroleum Prices Upsized Offering of Common Stock
July 14, 2016Laredo Petroleum, Inc., a Delaware corporation (NYSE: LPI) (“Laredo” or the “Company”), announced today the pricing of an upsized underwritten public offering of 13,000,000 shares of its common stock for total gross proceeds (before underwriting commissions and estimated offering expenses) of approximately $139.1 million. The Company has also granted the underwriters a 30-day option to purchase up to 1,950,000 additional shares of the Company’s common stock.
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