Latest Laredo Petroleum Holdings Inc (LPI) Headlines
3 Energy Companies with Enormous Hidden Upside
Matt DiLallo, The Motley Fool - Motley Fool - Tue Mar 11, 8:40AM CDT
Energy investors need to know a lot of industry lingo in order to seriously invest in oil and gas stocks. One of the key words to know is proved reserves. This is the oil and gas in the ground that's controlled by an energy company that it is...
Why Laredo Petroleum Inc. Shares Plunged
Alex Planes, The Motley Fool - Motley Fool - Thu Feb 27, 3:47PM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Laredo Petroleum Inc. are trading 7%...
Laredo Petroleum (LPI) Falls Despite Earnings Beat
at The Street - Thu Feb 27, 11:37AM CST
Laredo Petroleum (LPI) is falling Thursday despite beating analysts' earnings and revenue estimates.
Laredo Petroleum Announces 2013 Fourth-Quarter and Full-Year Financial and Operating Results
Thomson Reuters ONE - Thu Feb 27, 6:01AM CST
TULSA, OK - February 27, 2014 - Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or "the Company"), today announced its 2013 fourth-quarter and full-year results. For the fourth quarter of 2013, the Company reported net income attributable to common stockholders of $68.2 million, or $0.48 per diluted share. Adjusted Net Income, a non-GAAP financial measure, for the fourth quarter of 2013 was $19.1 million, or $0.13 per diluted share. Adjusted EBITDA, a non-GAAP financial measure, for the fourth quarter of 2013 was $111.4 million. For the year ended December 31, 2013, the Company reported net income attributable to common stockholders of $118.0 million, or $0.88 per diluted share, Adjusted Net Income of $75.7 million, or $0.56 per diluted share, and Adjusted EBITDA of $472.2 million. (Please see supplemental financial information at the end of this news release for reconciliations of these non-GAAP financial measures.)
Our National Oil Boom isn't Benefiting Everyone Equally
Matt DiLallo, The Motley Fool - Motley Fool - Sun Feb 23, 12:15PM CST
Photo credit: Flickr/ Roy Luck Concho Resources is in the sweet spot of the Texas oil boom. Its Permian Basin acreage fueled a 20% jump in its production last year. It is also fueling a nice surge in the company's underlying earnings and cash...
Laredo Petroleum Names Dan C. Schooley Senior Vice President Midstream and Marketing
Thomson Reuters ONE - Thu Feb 20, 6:00AM CST
TULSA, OK - February 20, 2014 - Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or "the Company"), today announced the promotion of Dan C. Schooley to Senior Vice President Midstream and Marketing. In this new position, Mr. Schooley, who has been with the Company since 2007 as Vice President of Marketing, will be responsible for the activities of Laredo Midstream Services, LLC ("LMS", and formerly known as Laredo Gas Services), a wholly-owned subsidiary of Laredo.
How 185 Million Barrels of Oil Can Simply Vanish
Matt DiLallo, The Motley Fool - Motley Fool - Mon Feb 17, 10:31AM CST
Source: L.C. Nøttaasen on Flickr. Pioneer Natural Resources looks to be sitting on an unbelievable amount of oil and gas. The company now controls about 845 million barrels of oil equivalent, or BOE, proved reserves and thinks that...
Laredo Petroleum Announces Production and Record Year-End Proved Reserves For 2013
Thomson Reuters ONE - Tue Feb 11, 6:00AM CST
Permian Assets Achieve 27% Reserve Growth and 577% Production Replacement
This Oil Company Delivered Fantastic Results
Matt DiLallo, The Motley Fool - Motley Fool - Mon Feb 10, 9:21AM CST
Photo credit: Flickr/ Roy Luck . Permian Basin-focused oil and gas company Concho Resources had a great 2013. The company delivered fantastic gains on all of the metrics that matter. Let's take a closer look at Concho's latest operational...
Laredo Petroleum Schedules Fourth-Quarter and Full-Year 2013 Earnings Conference Call for February 27
Thomson Reuters ONE - Wed Jan 29, 6:00AM CST
Provides Preliminary Commodity Derivatives and Weighted-Average Share Details
Use Options For A Chance To Buy LPI At A 18% Discount
at The Street - Wed Jan 22, 10:42AM CST
Looking back to 163 days ago, Laredo Petroleum priced a 16,000,000 share secondary stock offering at $23.75 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the...
3 Oil Stocks That Could Emerge as Winners in 2014
Matt DiLallo, The Motley Fool - Motley Fool - Tue Jan 21, 12:00PM CST
America's oil boom is being fueled by production growth out of three key basins. While the easy money is gone, as this growth fueled remarkable gains in some stocks, there are still a few interesting names that have yet to emerge as companies...
Laredo Petroleum Prices Offering of $450 Million of Senior Notes
Thomson Reuters ONE - Mon Jan 13, 4:46PM CST
TULSA, OK - January 13, 2014 - Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company"), today announced the pricing of $450 million in aggregate principal amount of 5.625% senior notes due 2022. Interest is payable on January 15 and July 15 of each year. The first interest payment will be made on July 15, 2014, and will consist of interest from closing to that date. The offering is expected to close on January 23, 2014, subject to customary closing conditions. The Company will use the net proceeds of the offering, if completed, for general working capital purposes. The senior notes will be senior unsecured obligations of the Company and will be guaranteed on a senior unsecured basis by the Company's existing subsidiary and all of its future subsidiaries, with certain exceptions.
Laredo Petroleum Commences Offering of $350 Million of Senior Notes
Thomson Reuters ONE - Mon Jan 13, 7:23AM CST
TULSA, OK - January 13, 2014 - Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company"), today announced that it intends to offer $350 million in aggregate principal amount of senior notes due 2022 in a private placement to eligible purchasers. The Company will use the net proceeds of the offering, if completed, for general working capital purposes. The senior notes will be senior unsecured obligations of the Company and will be guaranteed on a senior unsecured basis by the Company's existing subsidiary and all of its future subsidiaries, with certain exceptions.
Laredo Petroleum Completes Previously Announced Simplification of Corporate Structure
Thomson Reuters ONE - Tue Dec 31, 10:00AM CST
TULSA, OK - December 31, 2013 - Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced the completion of its previously disclosed internal corporate reorganization that merged Laredo Petroleum, Inc., formerly a wholly-owned subsidiary, with and into Laredo Petroleum Holdings, Inc. (the "Parent"), with the Parent surviving the merger and changing its name to "Laredo Petroleum, Inc."
How to Invest in the Next Texas Oil Boom
Matt DiLallo, The Motley Fool - Motley Fool - Thu Dec 19, 9:50AM CST
Photo credit: Apache Corp. The Permian Basin has been fueling America since the 1920s. The legacy Texas oil basin has produced a stunning total of 29 billion barrels of oil in its lifetime -- an amount equal to the current total proved U.S. oil...
Energy Outlook Reports, Stock Price Updates, Capital Budgets, Divesture Agreements, and Quarterly Dividends - Research Report on ExxonMobil, Goodrich, Laredo, Talisman, and National Fuel
PR Newswire - Thu Dec 19, 7:00AM CST
Editor Note: For more information about this release, please scroll to bottom.
Form 144: Filing to Sell 15819 Shares of Vornado Realty Trust (VNO)
Vickers Stock Research - Thu Dec 19, 4:17AM CST
TULSA, OKLAHOMA December 18, 2012 - Laredo Petroleum Holdings, Inc. (NYSE: LPI) (the "Company"), today announced that its Board of Directors has appointed Richard C. Buterbaugh Executive Vice President and Chief Financial Officer of the Company. W. Mark Womble, who has served as Senior Vice President and Chief Financial Officer of Laredo since 2007, will retire the end of March 2013.
Form 4: Update Filing for Pantry Inc (PTRY)
Vickers Stock Research - Wed Dec 18, 7:00AM CST
Total Production Expected to Grow 15%; Oil Production Up 25%
Laredo Petroleum Updates 2013 Fourth-Quarter Production Guidance Following Severe Winter Weather
Thomson Reuters ONE - Wed Dec 18, 6:03AM CST
TULSA, OK - December 18, 2013 - Laredo Petroleum Holdings, Inc. (NYSE: LPI) ("Laredo" or "the Company"), today updated fourth-quarter production guidance following the previously announced severe winter weather in the Permian region that caused operational disruptions and power outages across its leasehold. Most of the wells that were affected have been returned to production and the Company does not anticipate any adverse effects on well performance due to the downtime. Drilling and completion activities have returned to normal and the Company expects the impact to the first quarter of 2014 to be minimal.
3 Energy Companies with Enormous Hidden Upside
Matt DiLallo, The Motley Fool - Motley Fool - Tue Mar 11, 8:40AM CDT
Energy investors need to know a lot of industry lingo in order to seriously invest in oil and gas stocks. One of the key words to know is proved reserves. This is the oil and gas in the ground that's controlled by an energy company that it is...
Why Laredo Petroleum Inc. Shares Plunged
Alex Planes, The Motley Fool - Motley Fool - Thu Feb 27, 3:47PM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Laredo Petroleum Inc. are trading 7%...
Laredo Petroleum (LPI) Falls Despite Earnings Beat
at The Street - Thu Feb 27, 11:37AM CST
Laredo Petroleum (LPI) is falling Thursday despite beating analysts' earnings and revenue estimates.
Laredo Petroleum Announces 2013 Fourth-Quarter and Full-Year Financial and Operating Results
Thomson Reuters ONE - Thu Feb 27, 6:01AM CST
TULSA, OK - February 27, 2014 - Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or "the Company"), today announced its 2013 fourth-quarter and full-year results. For the fourth quarter of 2013, the Company reported net income attributable to common stockholders of $68.2 million, or $0.48 per diluted share. Adjusted Net Income, a non-GAAP financial measure, for the fourth quarter of 2013 was $19.1 million, or $0.13 per diluted share. Adjusted EBITDA, a non-GAAP financial measure, for the fourth quarter of 2013 was $111.4 million. For the year ended December 31, 2013, the Company reported net income attributable to common stockholders of $118.0 million, or $0.88 per diluted share, Adjusted Net Income of $75.7 million, or $0.56 per diluted share, and Adjusted EBITDA of $472.2 million. (Please see supplemental financial information at the end of this news release for reconciliations of these non-GAAP financial measures.)
Our National Oil Boom isn't Benefiting Everyone Equally
Matt DiLallo, The Motley Fool - Motley Fool - Sun Feb 23, 12:15PM CST
Photo credit: Flickr/ Roy Luck Concho Resources is in the sweet spot of the Texas oil boom. Its Permian Basin acreage fueled a 20% jump in its production last year. It is also fueling a nice surge in the company's underlying earnings and cash...
Laredo Petroleum Names Dan C. Schooley Senior Vice President Midstream and Marketing
Thomson Reuters ONE - Thu Feb 20, 6:00AM CST
TULSA, OK - February 20, 2014 - Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or "the Company"), today announced the promotion of Dan C. Schooley to Senior Vice President Midstream and Marketing. In this new position, Mr. Schooley, who has been with the Company since 2007 as Vice President of Marketing, will be responsible for the activities of Laredo Midstream Services, LLC ("LMS", and formerly known as Laredo Gas Services), a wholly-owned subsidiary of Laredo.
How 185 Million Barrels of Oil Can Simply Vanish
Matt DiLallo, The Motley Fool - Motley Fool - Mon Feb 17, 10:31AM CST
Source: L.C. Nøttaasen on Flickr. Pioneer Natural Resources looks to be sitting on an unbelievable amount of oil and gas. The company now controls about 845 million barrels of oil equivalent, or BOE, proved reserves and thinks that...
Laredo Petroleum Announces Production and Record Year-End Proved Reserves For 2013
Thomson Reuters ONE - Tue Feb 11, 6:00AM CST
Permian Assets Achieve 27% Reserve Growth and 577% Production Replacement
This Oil Company Delivered Fantastic Results
Matt DiLallo, The Motley Fool - Motley Fool - Mon Feb 10, 9:21AM CST
Photo credit: Flickr/ Roy Luck . Permian Basin-focused oil and gas company Concho Resources had a great 2013. The company delivered fantastic gains on all of the metrics that matter. Let's take a closer look at Concho's latest operational...
Laredo Petroleum Schedules Fourth-Quarter and Full-Year 2013 Earnings Conference Call for February 27
Thomson Reuters ONE - Wed Jan 29, 6:00AM CST
Provides Preliminary Commodity Derivatives and Weighted-Average Share Details
Use Options For A Chance To Buy LPI At A 18% Discount
at The Street - Wed Jan 22, 10:42AM CST
Looking back to 163 days ago, Laredo Petroleum priced a 16,000,000 share secondary stock offering at $23.75 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the...
3 Oil Stocks That Could Emerge as Winners in 2014
Matt DiLallo, The Motley Fool - Motley Fool - Tue Jan 21, 12:00PM CST
America's oil boom is being fueled by production growth out of three key basins. While the easy money is gone, as this growth fueled remarkable gains in some stocks, there are still a few interesting names that have yet to emerge as companies...
Laredo Petroleum Prices Offering of $450 Million of Senior Notes
Thomson Reuters ONE - Mon Jan 13, 4:46PM CST
TULSA, OK - January 13, 2014 - Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company"), today announced the pricing of $450 million in aggregate principal amount of 5.625% senior notes due 2022. Interest is payable on January 15 and July 15 of each year. The first interest payment will be made on July 15, 2014, and will consist of interest from closing to that date. The offering is expected to close on January 23, 2014, subject to customary closing conditions. The Company will use the net proceeds of the offering, if completed, for general working capital purposes. The senior notes will be senior unsecured obligations of the Company and will be guaranteed on a senior unsecured basis by the Company's existing subsidiary and all of its future subsidiaries, with certain exceptions.
Laredo Petroleum Commences Offering of $350 Million of Senior Notes
Thomson Reuters ONE - Mon Jan 13, 7:23AM CST
TULSA, OK - January 13, 2014 - Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company"), today announced that it intends to offer $350 million in aggregate principal amount of senior notes due 2022 in a private placement to eligible purchasers. The Company will use the net proceeds of the offering, if completed, for general working capital purposes. The senior notes will be senior unsecured obligations of the Company and will be guaranteed on a senior unsecured basis by the Company's existing subsidiary and all of its future subsidiaries, with certain exceptions.
Laredo Petroleum Completes Previously Announced Simplification of Corporate Structure
Thomson Reuters ONE - Tue Dec 31, 10:00AM CST
TULSA, OK - December 31, 2013 - Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced the completion of its previously disclosed internal corporate reorganization that merged Laredo Petroleum, Inc., formerly a wholly-owned subsidiary, with and into Laredo Petroleum Holdings, Inc. (the "Parent"), with the Parent surviving the merger and changing its name to "Laredo Petroleum, Inc."
How to Invest in the Next Texas Oil Boom
Matt DiLallo, The Motley Fool - Motley Fool - Thu Dec 19, 9:50AM CST
Photo credit: Apache Corp. The Permian Basin has been fueling America since the 1920s. The legacy Texas oil basin has produced a stunning total of 29 billion barrels of oil in its lifetime -- an amount equal to the current total proved U.S. oil...
Energy Outlook Reports, Stock Price Updates, Capital Budgets, Divesture Agreements, and Quarterly Dividends - Research Report on ExxonMobil, Goodrich, Laredo, Talisman, and National Fuel
PR Newswire - Thu Dec 19, 7:00AM CST
Editor Note: For more information about this release, please scroll to bottom.
Form 144: Filing to Sell 15819 Shares of Vornado Realty Trust (VNO)
Vickers Stock Research - Thu Dec 19, 4:17AM CST
TULSA, OKLAHOMA December 18, 2012 - Laredo Petroleum Holdings, Inc. (NYSE: LPI) (the "Company"), today announced that its Board of Directors has appointed Richard C. Buterbaugh Executive Vice President and Chief Financial Officer of the Company. W. Mark Womble, who has served as Senior Vice President and Chief Financial Officer of Laredo since 2007, will retire the end of March 2013.
Form 4: Update Filing for Pantry Inc (PTRY)
Vickers Stock Research - Wed Dec 18, 7:00AM CST
Total Production Expected to Grow 15%; Oil Production Up 25%
Laredo Petroleum Updates 2013 Fourth-Quarter Production Guidance Following Severe Winter Weather
Thomson Reuters ONE - Wed Dec 18, 6:03AM CST
TULSA, OK - December 18, 2013 - Laredo Petroleum Holdings, Inc. (NYSE: LPI) ("Laredo" or "the Company"), today updated fourth-quarter production guidance following the previously announced severe winter weather in the Permian region that caused operational disruptions and power outages across its leasehold. Most of the wells that were affected have been returned to production and the Company does not anticipate any adverse effects on well performance due to the downtime. Drilling and completion activities have returned to normal and the Company expects the impact to the first quarter of 2014 to be minimal.
