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Laredo Petroleum Inc (LPI.N)

LPI.N on New York Stock Exchange

12.86USD
28 Apr 2017
Change (% chg)

$-0.01 (-0.08%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Laredo Petroleum says Q1 earnings conf. call on May 4 and provides commodity derivatives update
Monday, 17 Apr 2017 04:42pm EDT 

April 17 (Reuters) - Laredo Petroleum Inc ::Laredo Petroleum schedules first-quarter 2017 earnings conference call for may 4 and provides commodity derivatives update.Laredo Petroleum Inc - for three months ended march 31, 2017, Laredo expects to report a gain on derivatives of approximately $36.7 million.Laredo Petroleum Inc - at march 31, 2017, for 2018, company had hedged 3,458,375 barrels of oil at a weighted-average floor price of $53.71 per barrel.  Full Article

Laredo Petroleum to report qtrly loss on derivatives of about $68.5 mln
Wednesday, 20 Jul 2016 04:30pm EDT 

Laredo Petroleum Inc : At june 30, 2016, for 2017, company had hedged 3,677,375 barrels of oil at a weighted-average floor price of $60.00 per barrel . At june 30, 2016, for 2018, company had hedged 2,144,375 barrels of oil at a weighted-average floor price of $55.98 per barrel . At june 30, 2016, had hedges in place for remaining 2 qtrs of 2016 for 3.7 million barrels of oil at a weighted-average floor price of $67.13/barrel . Schedules Second-Quarter 2016 earnings conference call for august 4 and provides commodity derivatives update .For three months ended june 30, 2016, laredo expects to report a loss on derivatives of approximately $68.5 million.  Full Article

Laredo petroleum files to offer 12 mln shares - SEC filing
Thursday, 14 Jul 2016 06:48am EDT 

Laredo Petroleum Inc : Files to offer 12 million shares of its common stock - SEC filing .Says intends to use the net proceeds from the offering to repay borrowings under its senior secured credit facility.  Full Article

Laredo Petroleum acquires bolt-on Midland basin acreage
Thursday, 14 Jul 2016 06:29am EDT 

Laredo Petroleum Inc : Laredo Petroleum acquires bolt-on Midland basin acreage . Says deal valued at $125 million . Acquisition adds approximately 9,200 net acres . In early July, company hedged 2,007,500 barrels of oil for 2017 . Purchase includes about 300 net barrels of oil equivalent per day of Laredo-operated production from existing vertical wells .Hedged 444,000 barrels of ethane for 2017 at $11.24 per barrel and 375,000 barrels of propane for 2017 at $22.26 per barrel..  Full Article

Laredo Petroleum raises 2016 production outlook to 16.1 - 16.4 mln BOE
Tuesday, 10 May 2016 10:08pm EDT 

Laredo Petroleum : Board of directors has approved a revised capital budget of $420 million for 2016 . Increases estimated 2016 production to 16.1 - 16.4 million boe . Expects to operate three horizontal rigs for entirety of 2016, anticipates drilling approximately 45 to 49 gross horizontal wells . Earth model combined with optimized completions on all wells in 2016 .Laredo Petroleum increases 2016 full-year capital budget and production guidance.  Full Article

Laredo Petroleum prices offering of common stock
Tuesday, 10 May 2016 09:50pm EDT 

Laredo Petroleum Inc : Pricing of underwritten public offering of 9.5 million shares of common stock for total gross proceeds of about$105.9 million .Laredo petroleum prices offering of common stock.  Full Article

Laredo Petroleum announces 9.5 mln stock offering
Tuesday, 10 May 2016 04:10pm EDT 

Laredo Petroleum Inc : Commencement of an underwritten public offering of 9,500,000 shares of its common stock . To use net proceeds from sale of shares of common stock to repay borrowings under its senior secured credit facility .Laredo petroleum announces offering of common stock.  Full Article

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BRIEF-Laredo Petroleum says Q1 earnings conf. call on May 4 and provides commodity derivatives update

* Laredo Petroleum schedules first-quarter 2017 earnings conference call for may 4 and provides commodity derivatives update