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LPI News and Press, Laredo Petroleum Inc. From 05/04/22

Stock Information

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

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LPI - Par Pacific Q1 results - messy quarter requires an explanation

Par Pacific (NYSE:PARR) reported Q1 earnings after the bell Wednesday, posting weak earnings, despite an improved operating environment and rosy outlook. While a major turnaround at the Company's Washington refinery was expected to weigh on results, falling gross margins in Hawaii are likely ...

LPI - Laredo Petroleum Non-GAAP EPS of $5.17 misses by $1.04, revenue of $532.4M beats by $34.45M

Laredo Petroleum press release (NYSE:LPI): Q1 Non-GAAP EPS of $5.17 misses by $1.04. Revenue of $532.4M beats by $34.45M. Shares -3.85%. For further details see: Laredo Petroleum Non-GAAP EPS of $5.17 misses by $1.04, revenue of $532.4M beats by $34.45M

LPI - Laredo Petroleum Announces First-Quarter 2022 Financial and Operating Results

TULSA, OK, May 04, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") 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. Complet...

LPI - Piper Sandler sees $100+ oil through 2025, upgrades BRY, CDEV, LPI, and MUR

Piper Sandler out with an exceedingly bullish oil note Thursday, upping the bank's oil price forecast to $100+ through 2025. Though several banks have called for $100+ oil in 2022, consensus overwhelmingly expects prices to fall back to double digits in coming years. Oil prices hitting record...

LPI - Laredo Petroleum Schedules First-Quarter 2022 Earnings Release and Conference Call

TULSA, OK, April 04, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") 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...

LPI - Laredo Petroleum Will Likely Continue Making Acquisitions

Laredo Petroleum's rapid transformational strategy is about to show some big benefits. The opportunistic acquisition of smaller lease positions is likely to continue. Smaller lease positions tend to sell at a considerable discount even in "hot" markets. Laredo's management pie...

LPI - Laredo Petroleum's Strategy Looks Successful

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...

LPI - Update: Oil prices rally on mixed headlines following a sharp selloff over the past week

Update: as equity markets closed Thursday, oil prices (USO) ended the day near their high, up ~9%. Devon (DVN) led the large caps higher, up 10%+, with Kosmos (KOS) up ~10%, and Occidental (OXY) up ~9% on the day. Oil prices (USO) traded higher by ~7% ahead of the US equity market open Thursd...

LPI - Oil prices rally on mixed headlines following a sharp selloff over the past week

Oil prices (USO) traded higher by ~7% ahead of the US equity market open Thursday, following a series of mixed headlines and $14 selloff since Friday's close. Diplomatic progress in Ukraine had removed much of the geopolitical risk premium from oil prices in recent days; however, when referri...

LPI - Brent oil prices below $100, geopolitical risk premium fading

Brent oil prices fell below $100/b ahead of the equity market open in the US Tuesday. European natural gas is down ~50% from week-ago levels, and seaborne thermal coal is down ~30% from recent highs. As prospects for a diplomatic solution in Ukraine rise, and energy commodities continue to fl...

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