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Laredo Petroleum Inc (LPI) USD0.01

Sell:$2.39 Buy:$2.40 Change: $0.08 (3.46%)
Market closed |  Prices as at close on 15 November 2019 | Switch to live prices |
Sell:$2.39
Buy:$2.40
Change: $0.08 (3.46%)
Market closed |  Prices as at close on 15 November 2019 | Switch to live prices |
Sell:$2.39
Buy:$2.40
Change: $0.08 (3.46%)
Market closed |  Prices as at close on 15 November 2019 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Laredo Petroleum, Inc. (Laredo) is an independent energy company. The Company is focused on the acquisition, exploration and development of oil and natural gas properties, and the transportation of oil and natural gas from such properties primarily in the Permian Basin in West Texas. It operates through two segments: Exploration and production of oil and natural gas properties, and Midstream and marketing. The exploration and production of oil and natural gas properties are conducted by it through the exploration and development of its acreage in the Permian Basin. As of December 31, 2016, it had assembled 127,847 net acres in the Permian Basin and had total proved reserves, presented on a three-stream basis, of 167,100 thousand of barrels of oil equivalent (MBOE). The Midstream and marketing segment's operations are conducted by its subsidiary, Laredo Midstream Services, LLC, which buys, sells, gathers and transports oil, natural gas and water primarily for the account of Laredo.

Contact details

Address:
15 W 6th St Ste 900
TULSA
74119-5415
United States
Telephone:
+1 (918) 5134570
Website:
www.laredopetro.com

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
LPI
ISIN:
US5168061068
Market cap:
$569.12 million
Shares in issue:
237.13 million
Sector:
Oil & Gas Exploration & Production
Exchange:
New York Stock Exchange
Country:
United States
Currency:
US dollar
Indices:
n/a

Key personnel

  • Mikell Pigott
    President, Chief Executive Officer
  • Michael Beyer
    Chief Financial Officer, Senior Vice President, Chief Accounting Officer, Controller
  • T. Karen Chandler
    Chief Operating Officer, Senior Vice President
  • Mark Denny
    Senior Vice President, General Counsel, Secretary

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.