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home / news releases / LPI - Laredo Petroleum: Exactly What Is Going On Here


LPI - Laredo Petroleum: Exactly What Is Going On Here

  • Management increased the free cash flow projection and initiated a share repurchase program.
  • The hedging program remains a concern. But management has promised a riskier program in the future as financial strength improves.
  • The oil percentage of production will increase.
  • Generally, the market views hedging as a zero-sum game.
  • The goal of increasing company profitability and cash flow through a greater percentage of oil production is beginning to get through to the market.

For further details see:

Laredo Petroleum: Exactly What Is Going On Here
Stock Information

Company Name: Laredo Petroleum Inc.
Stock Symbol: LPI
Market: NYSE
Website: laredopetro.com

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