TULSA, OK - April 13, 2015 - Laredo Petroleum Inc. (NYSE: LPI) ("Laredo" or the "Company") will host an investor meeting today in Houston, TX to discuss the Company's business strategies, details on key projects and plans for growth. Update Highlights Announced preliminary production volumes of 4.27 million barrels of oil equivalent ("MMBOE") for the first quarter of 2015, a Company record and an increase of [...]
TULSA, OK - March 23, 2015 - Laredo Petroleum Inc. (NYSE: LPI) ("Laredo" or the "Company"), announced today that Randy A. Foutch, Chairman and Chief Executive Officer, will present at the Independent Petroleum Association of America's ("IPAA") Oil and Gas Investment Symposium ("OGIS") in New York, NY. Mr. Foutch's presentation will be Monday, April 20, 2015 at 1:35 p.m. Eastern Time at the Sheraton NY Hotel. The [...]
TULSA, OK - March 9, 2015 - Laredo Petroleum Inc. (NYSE: LPI) ("Laredo" or the "Company"), today announced it will host an investor meeting on Monday, April 13, 2015 to discuss the Company's business strategies, details on key projects and plans for growth. The meeting will feature presentations by Laredo Petroleum executives, including Chairman and Chief Executive Officer Randy Foutch. The meeting will be held at the [...]
TULSA, OK - March 5, 2015 - Laredo Petroleum Inc., a Delaware corporation (NYSE: LPI) ("Laredo" or the "Company"), announced today the closing of the underwritten public offering of 69,000,000 shares of its common stock at a price to the public of $11.05 per share, including all 9,000,000 shares of common stock that were subject to the underwriter's option to purchase additional shares. The Company intends to use the net [...]
TspanLSA, OK - March 4, 2015 - Laredo Petrolespanm Inc., a Delaware corporation (NYSE: LPI) ("Laredo" or the "Company"), annospannced today the pricing of $350 million in aggregate principal amospannt of 6 1/4% senior notes dspane 2023. Interest is payable on March 15 and September 15 of each year. The first interest payment will be made on September 15, 2015, and will consist of interest from closing to that date. The [...]
TULSA, OK - March 4, 2015 - Laredo Petroleum Inc., a Delaware corporation (NYSE: LPI) ("Laredo" or the "Company"), announced today that it intends, subject to market conditions, to publicly offer $350 million in aggregate principal amount of senior unsecured notes due 2023 in a registered underwritten offering. The Company intends to use the net proceeds of the offering, if completed, together with a portion of the net [...]
TULSA, OK - March 2, 2015 - Laredo Petroleum Inc., a Delaware corporation (NYSE: LPI) ("Laredo" or the "Company"), announced today the pricing of an upsized underwritten public offering of 60,000,000 shares of its common stock for total gross proceeds (before underwriter's fees and estimated expenses) of approximately $663.0 million. The Company has also granted the underwriter a 30-day option to purchase up to 9,000,000 [...]
TULSA, OK - March 2, 2015 - Laredo Petroleum Inc., a Delaware corporation (NYSE: LPI) ("Laredo" or the "Company"), announced today the commencement of an underwritten public offering of 50,000,000 shares of its common stock, subject to market and other conditions. The Company expects to grant the underwriter a 30-day option to purchase up to 7,500,000 additional shares of the Company's common stock. The Company intends [...]
TULSA, OK - February 26, 2015 - Laredo Petroleum Inc. (NYSE: LPI) ("Laredo" or "the Company"), today announced its 2014 fourth-quarter and full-year results. For the fourth quarter of 2014, the Company reported net income attributable to common stockholders of $201.3 million, or $1.40 per diluted share. Adjusted Net Income, a non-GAAP financial measure, for the fourth quarter of 2014 was $21.5 million, or $0.15 per [...]
TULSA, OK - January 29, 2015 - Laredo Petroleum Inc. (NYSE: LPI) ("Laredo" or "the Company"), today announced proved reserves (developed and undeveloped) and preliminary operating results for year-end 2014, preliminary results for its commodity derivatives for the fourth quarter of 2014 and basic and diluted weighted-average shares outstanding. Proved Reserves and Operating Results Highlights Produced 11.7 million [...]
Total Production Expected to Grow More Than 12% TULSA, OK - December 16, 2014 - Laredo Petroleum Inc. (NYSE: LPI) ("Laredo" or "Company") today announced its capital budget, anticipated production growth and updated commodity derivative positions for 2015. 2015 Capital Budget Laredo today announced that its Board of Directors has approved a $525 million capital budget for 2015. The budget includes approximately $430 [...]
TULSA, OK - December 1, 2014 - Laredo Petroleum Inc. (NYSE: LPI) ("Laredo" or "Company"), today announced updates on guidance for fourth-quarter 2014 production and horizontal well completions, fourth-quarter 2014 hedges and its potential transaction and investor meeting. Production Guidance Laredo today increased fourth-quarter 2014 production guidance to 3.4 to 3.6 million barrels of oil equivalent ("MMBOE") from the [...]