Laredo Petroleum disclosed selected preliminary third-quarter 2022 financial and operating results. The Company plans to announce complete third-quarter 2022 financial and operating results after the market close on Thursday, November 3, 2022, with a conference call planned for the following day. Details can be found within this release. Third-Quarter 2022 Selected Preliminary Financial and Operating Results Production [...]
Laredo Petroleum Inc. will report third-quarter 2022 financial and operating results after the market close on Thursday, November 3, 2022, and will host a conference call and webcast on Friday, November 4, 2022, at 7:30 a.m. CT to discuss the results. To participate on the call, dial 800.715.9871, using conference code 1804797 or listen to the call via the Company's website at www.laredopetro.com, under the tab for [...]
Laredo Petroleum Inc. today announced its first-quarter 2022 financial and operating results. A conference call and webcast to discuss the results is planned for 7:30 a.m. CT, Thursday, May 5, 2022. Complete details can be found within this release. First-Quarter 2022 Highlights Reported a net loss of $86.8 million and cash flows from operating activities of $170.9 million, generating Adjusted EBITDA1 of $222.1 million [...]
Laredo Petroleum Inc. will report first-quarter 2022 financial and operating results after the market close on Wednesday, May 4, 2022, and will host a conference call on Thursday, May 5, 2022, at 7:30 a.m. CT to discuss the results. To participate on the call, dial 877.930.8286 , using conference code 1653949 or listen to the call via the Company's website at www.laredopetro.com, under the tab for "Investor Relations." A [...]
Laredo Petroleum Inc. today announced its capital budget and production guidance for full-year 2022. Highlights Allocates capital to highest-return opportunities, prioritizing the generation of Free Cash Flow1 and leverage reduction Maintains capital discipline with flat activity levels versus 2021, with expected total capital expenditures of ~$520 million, including ~$20 million for non-operated activity and ~$10 million [...]
Laredo Petroleum Inc. today announced its fourth-quarter and full-year 2021 financial and operating results. Under a separate press release, the Company today also issued its 2022 outlook. A conference call and webcast to discuss the Company's financial and operating results and its 2022 outlook is planned for 7:30 a.m. CT, Wednesday, February, 23, 2022. Complete details can be found within this release. 2021 Highlights [...]
Laredo Petroleum Inc. will report fourth-quarter 2021 financial and operating results after the market close on Tuesday, February 22, 2022, and will host a conference call on Wednesday, February 23, 2022, at 7:30 a.m. CT to discuss the results. To participate on the call, dial 877.930.8286 , using conference code 3342479 or listen to the call via the Company's website at www.laredopetro.com, under the tab for "Investor [...]
Laredo Petroleum Inc. today announced its third-quarter 2021 financial and operating results. Third-Quarter 2021 Highlights Announced second significant acquisition of 2021, agreeing to purchase ~20,000 net acres in western Glasscock County, extending the Company's high-margin, oil-weighted development runway to approximately seven years at current activity levels Closed the purchase of the assets of Sabalo Energy, LLC in [...]
Laredo Petroleum Inc. will report third-quarter 2021 financial and operating results after the market close on Tuesday, November 2, 2021, and will host a conference call on Wednesday, November 3, 2021, at 7:30 a.m. CT to discuss the results. To participate on the call, dial 877.930.8286 , using conference code 4653617 or listen to the call via the Company's website at www.laredopetro.com, under the tab for "Investor [...]
Laredo Petroleum Inc. today published its 2021 ESG and Climate Risk Report, disclosing key performance data for 2020 operations. The report significantly enhances the Company's prior disclosures with the inclusion of Scope 3 emissions estimates, insight into the integration of climate risk scenarios into its financial and business planning, and third-party limited assurance data verification. The report and data tables [...]
Sabalo Energy II, LLC today announced the closing of a $300 million equity commitment from EnCap Investments L.P. , a leading provider of growth capital to the independent sector of the U.S. energy industry. Sabalo, led by President Barry K. Clark, is an upstream exploration and production company focused on the acquisition and development of large-scale unconventional oil and gas assets. The company's objective is to [...]
Laredo Petroleum Inc. today announced the signing of a purchase and sale agreement to acquire approximately 20,000 net acres in western Glasscock County from Pioneer Natural Resources Company for approximately $230 million, subject to customary closing price adjustments. This is Laredo's second significant acquisition in 2021, as the Company continues to execute its transformational strategy and expand its high-margin [...]
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