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home / news releases / OXY - Laredo Petroleum's Strategy Looks Successful

OXY - Laredo Petroleum's Strategy Looks Successful

Occidental Petroleum Corporation
  • Laredo Petroleum is a $1.5 billion market cap oil and gas company focused in the Midland sub-basin of the Texas Permian. It does not pay a dividend.
  • The company survived oil’s dog days of 2020-early 2021 with private equity backing, hedges, and a high-rate bond.
  • It enhanced the oil-weighting of its reserves and production via selective divestitures and acquisitions.

For further details see:

Laredo Petroleum's Strategy Looks Successful
Stock Information
Company Name: Occidental Petroleum Corporation
Stock Symbol: OXY
Market: NYSE
Website: oxy.com
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