LPI News and Press, Laredo Petroleum Inc. From 05/16/22

Over the past month, energy commodity prices built on year-to-date gains. However, not all energy equities participated, and the laggards could surprise market observers. Brent oil (CO1:COM) rose 2% over the past month and is up ~46% ytd. US natural gas (NG1:COM) prices rose 9% over the past ...

The following slide deck was published by Laredo Petroleum, Inc. in conjunction with their 2022 Q1 earnings call. For further details see: Laredo Petroleum, Inc. 2022 Q1 - Results - Earnings Call Presentation

In 2022, energy investors have been largely spared from broader equity market (SPY) weakness, as US energy companies (NYSEARCA:XLE) rallied ~50% on the year, through Friday's close. However, in early trading Monday the sector led the market lower. The broad index of energy stocks (XLE) f...

Natural gas (NG1:COM) for June delivery brushed up against $9.00 Friday morning; however, as equities collapsed Thursday, natural gas for December delivery reached $9.14. A perfect storm that lifted prices to $8.00 earlier in the week, shows no sign of abating. Demand for gas is not part...

Gainers: Hudson Technologies (HDSN) +22%. Hycroft Mining Holding (HYMC) +19%. Dorian LPG (LPG) +10%. Valhi (VHI) +8%. Barnwell Industries (BRN) +8%. Losers: Flotek Industries (FTK) -20%. Intrepid Potash (IPI) -13%. TimkenSteel (TMST) -13%. Nine Energy Service (NINE) -12%. Laredo Pet...

Image source: The Motley Fool. Laredo Petroleum (NYSE: LPI) Q1 2022 Earnings Call May 05, 2022 , 8:30 a.m. ET Operator Continue reading For further details see: Laredo Petroleum (LPI) Q1 2022 Earnings Call Transcript

Laredo Petroleum, Inc. (LPI) Q1 2022 Earnings Conference Call May 5, 2022, 8:30 AM ET Company Participants Jason Pigott – President and Chief Executive Officer Ronald Hagood – Vice President, Investor Relations Karen Chandler – Senior Vice President and Chief Operations O...

Drilling prospects have increased on the acquired acreage. This points to a reason why reserve reports often increase even though oil is produced every year. As long as technology in the industry advances, then reserve reports for acreage are likely to increase long term for the f...

Laredo is projected to generate $365 million in positive cash flow in 2022. It may be able to generate $600+ million in positive cash flow in 2023 at current strip due to reduced hedges. This would bring Laredo's net debt to around $400 million by the end of 2023 and allow it to r...

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 ...