TULSA, OK, July 14, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum Inc., a Delaware corporation (NYSE:LPI) (“Laredo” or the “Company”), announced today the pricing of an upsized underwritten public offering of 13,000,000 shares of its common stock for total gross proceeds (before underwriting commissions and estimated offering expenses) of approximately $139.1 million. The Company has also granted the [...]
TULSA, OK, July 14, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum Inc., a Delaware corporation (NYSE:LPI) (“Laredo” or the “Company”), announced today the commencement of an underwritten public offering of 12,000,000 shares of its common stock, subject to market and other conditions. The Company expects to grant the underwriters a 30-day option to purchase up to 1,800,000 additional shares of the [...]
TULSA, OK, July 14, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum Inc. (NYSE:LPI) (“Laredo” or the “Company”) today announced that it has signed a purchase and sale agreement for additional acreage within the Company's existing footprint in the Midland Basin for $125 million, subject to customary closing price adjustments. The acquisition secures additional rights to the Spraberry interval, enables the [...]
TULSA, OK, June 13, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum Inc. (NYSE:LPI) (“Laredo” or the “Company”), will host an investor meeting today in Midland, TX to update current activities, including the successful application of the Earth Model to the Company's drilling program and the positive impact of infrastructure investments on operating expenses. Update Highlights Increased production [...]
TULSA, OK, June 08, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum Inc. (NYSE:LPI) (“Laredo” or the “Company”), will host an investor meeting on June 13 in Midland, TX. The meeting will provide an update on current activities and will feature presentations by Company executives, including Chairman and Chief Executive Officer, Randy Foutch. The meeting for institutional investors and sell-side analysts [...]
TULSA, OK, May 16, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum Inc., a Delaware corporation (NYSE:LPI) (“Laredo” or the “Company”), announced today the closing of the underwritten public offering of 10,925,000 shares of its common stock, including all 1,425,000 shares of common stock that were subject to the underwriters’ option to purchase additional shares. The Company has used the net [...]
Increases Estimated 2016 Production to 16.1 - 16.4 million BOE TULSA, OK, May 10, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum Inc. (NYSE:LPI) (“Laredo” or the “Company”) today announced it has updated its 2016 capital budget and estimated production. Revised 2016 Capital Budget Laredo today announced that its Board of Directors has approved a revised capital budget of $420 million for 2016, excluding [...]
TULSA, OK, May 10, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum Inc., a Delaware corporation (NYSE:LPI) (“Laredo” or the “Company”), announced today the pricing of an underwritten public offering of 9,500,000 shares of its common stock for total gross proceeds (before underwriting commissions and estimated offering expenses) of approximately $105.9 million. The Company has also granted the [...]
TULSA, OK, May 10, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum Inc., a Delaware corporation (NYSE:LPI) (“Laredo” or the “Company”), announced today the commencement of an underwritten public offering of 9,500,000 shares of its common stock, subject to market and other conditions. The Company expects to grant the underwriters a 30-day option to purchase up to 1,425,000 additional shares of the [...]
TULSA, OK, May 04, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum Inc. (NYSE:LPI) (“Laredo” or “the Company”) today announced its 2016 first-quarter results, reporting a net loss attributable to common stockholders of $180.4 million, or $0.85 per diluted share, which includes a pre-tax, non-cash full cost ceiling impairment charge of $161.1 million. Adjusted Net Income, a non-GAAP financial measure, for [...]
First-Quarter 2016 Conference Call Thursday, May 5, 2016 7:00 a.m. CT (8:00 a.m. ET) Dial-in number: 877.930.8286 International dial-in number: 253.336.8309 Conference Code: 94358441 TULSA, OK, April 19, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum Inc. (NYSE:LPI) (“Laredo” or the “Company”) will host a conference call on Thursday, May 5, 2016 at 7:00 a.m. CT (8:00 a.m. ET) to discuss its [...]
TULSA, OK, Feb. 23, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum Inc. (NYSE:LPI) (“Laredo” or the “Company”), announced today that Randy A. Foutch, Chairman and Chief Executive Officer, will present at the Raymond James Institutional Investors Conference in Orlando, FL. Mr. Foutch’s presentation will be Tuesday, March 8, 2016 at 3:25 p.m. Eastern Time at the JW Marriott Orlando Grande Lakes [...]