LPI - Earnings announcements

TULSA, OK, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") today published its 2022 ESG and Climate Risk Report, which provides a comprehensive update on key ESG initiatives across the Company, as well as newly defined emissions reduction and water recycling targets. The report and data tables are available on the "Sustainability" page of the Company's website at www.laredopetro.com. Consistent with its goal to ensure everyone has access to the reliable, affordable energy resources needed to power their lives, Laredo will rebrand to Vital Energy on January 9, 2023, and will trade on the NYSE under the ticker "VTLE". 2022 ESG and Climate Ris

TULSA, OK, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") today announced its third-quarter 2022 financial and operating results. Supplemental slides have been posted to the Company's website and can be found at www.laredopetro.com. A conference call and webcast to discuss the results is planned for 7:30 a.m. CT, Friday, November 4, 2022. Complete details can be found within this release. Third-Quarter 2022 Highlights Reported net income of $337.5 million and cash flows from operating activities of $182.6 million, generating Adjusted EBITDA1 of $222.8 million and Free Cash Flow1 of $51.4 millionReduced Net Debt1/Consolidated EBITDAX1 ratio

TULSA, OK, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") today disclosed selected preliminary third-quarter 2022 financial and operating results. The Company plans to announce complete third-quarter 2022 financial and operating results after the market close on Thursday, November 3, 2022, with a conference call planned for the following day. Details can be found within this release. Third-Quarter 2022 Selected Preliminary Financial and Operating Results Production. The Company's third-quarter 2022 total production averaged ~79.5 thousand barrels of oil equivalent per day ("MBOEPD"), within guidance of 78.5 - 81.5 MBOEPD. Oil productio

TULSA, OK, Oct. 05, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") will report third-quarter 2022 financial and operating results after the market close on Thursday, November 3, 2022, and will host a conference call and webcast on Friday, November 4, 2022, at 7:30 a.m. CT to discuss the results. To participate on the call, dial 800.715.9871, using conference code 1804797 or listen to the call via the Company's website at www.laredopetro.com, under the tab for "Investor Relations | Event Calendar." A replay will be available following the call via the Company's website. About Laredo Laredo Petroleum, Inc. is an independent energy company with headq

TULSA, OK, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") today announced the signing of a purchase and sale agreement to divest certain non-operated properties in Howard County for $110 million, subject to customary closing price adjustments. The transaction is expected to close in October 2022, with an effective date of August 1, 2022. The non-operated assets comprise ~1,650 net acres and have expected full-year 2023 average net production of ~1,800 BOEPD (~72% oil). The Company plans to adjust production guidance post the closing of the transaction. The sale does not reduce the Company's eight-year inventory of operated, high-quality dri

TULSA, OK, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") today announced its second-quarter 2022 financial and operating results. Supplemental slides have been posted to the Company's website and can be found at www.laredopetro.com. A conference call and webcast to discuss the results is planned for 7:30 a.m. CT, Thursday, August 4, 2022. Complete details can be found within this release. Highlights Reported net income of $262.5 million and cash flows from operating activities of $368.1 million, generating Adjusted EBITDA1 of $278.4 million and Free Cash Flow1 of $110.5 millionProduced 40,553 barrels of oil per day ("BOPD") and 87,032

TULSA, OK, July 13, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") will report second-quarter 2022 financial and operating results after the market close on Wednesday, August 3, 2022, and will host a conference call on Thursday, August 4, 2022, at 7:30 a.m. CT to discuss the results. To participate on the call, dial 800.715.9871, using conference code 6923767 or listen to the call via the Company's website at www.laredopetro.com, under the tab for "Investor Relations." A replay will be available following the call via the Company's website. About Laredo Laredo Petroleum, Inc. is an independent energy company with headquarters in Tulsa, Oklah

TULSA, OK, May 31, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") today announced that its board of directors authorized a $200 million share repurchase program. The two-year program is authorized through May 27, 2024. Highlights: $200 million share repurchase program realizes the Company's commitment to begin returning significant cash to shareholders approximately nine months ahead of scheduleDebt repayment target updated to ~$700 million by year-end 2023On track to achieve targeted Net Debt1/Consolidated EBITDAX1 ratio target of 1.0x by first-quarter 2023Free Cash Flow1 for 2022-23 estimated at ~$900 million at current commodity prices "T

TULSA, OK, May 04, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") today announced its first-quarter 2022 financial and operating results. A conference call and webcast to discuss the results is planned for 7:30 a.m. CT, Thursday, May 5, 2022. Complete details can be found within this release. First-Quarter 2022 Highlights Reported a net loss of $86.8 million and cash flows from operating activities of $170.9 million, generating Adjusted EBITDA1 of $222.1 million and Free Cash Flow1 of $23.2 millionReduced Net Debt1/Consolidated EBITDAX1 ratio to 1.9xProduced 40,295 barrels of oil per day ("BOPD") and 85,118 barrels of oil equivalent per day ("BOEPD

TULSA, OK, April 04, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") will report first-quarter 2022 financial and operating results after the market close on Wednesday, May 4, 2022, and will host a conference call on Thursday, May 5, 2022, at 7:30 a.m. CT to discuss the results. To participate on the call, dial 877.930.8286 (international dial-in 253.336.8309), using conference code 1653949 or listen to the call via the Company's website at www.laredopetro.com, under the tab for "Investor Relations." A telephonic replay will be available approximately two hours after the call by dialing 855.859.2056, using conference code 1653949. About Laredo Lare

Updates oil-weighted inventory to ~460 locations, ~8 years of activity TULSA, OK, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") today announced its fourth-quarter and full-year 2021 financial and operating results. Under a separate press release, the Company today also issued its 2022 outlook. A conference call and webcast to discuss the Company's financial and operating results and its 2022 outlook is planned for 7:30 a.m. CT, Wednesday, February, 23, 2022. Complete details can be found within this release. 2021 Highlights Grew development inventory through acquisition of ~41,000 net acres in Howard and western Glasscock cou

TULSA, OK, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") will report fourth-quarter 2021 financial and operating results after the market close on Tuesday, February 22, 2022, and will host a conference call on Wednesday, February 23, 2022, at 7:30 a.m. CT to discuss the results. To participate on the call, dial 877.930.8286 (international dial-in 253.336.8309), using conference code 3342479 or listen to the call via the Company's website at www.laredopetro.com, under the tab for "Investor Relations." A telephonic replay will be available approximately two hours after the call by dialing 855.859.2056, using conference code 3342479. About L

TULSA, OK, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") today announced its third-quarter 2021 financial and operating results. Third-Quarter 2021 Highlights Announced second significant acquisition of 2021, agreeing to purchase ~20,000 net acres in western Glasscock County, extending the Company's high-margin, oil-weighted development runway to approximately seven years at current activity levelsClosed the purchase of the assets of Sabalo Energy, LLC ("Sabalo") in north Howard County and divestiture of 37.5% of the Company's legacy proved developed reserves on July 1, 2021Produced an average of 76,703 barrels of oil equivalent ("BOE") p

TULSA, OK, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") will report third-quarter 2021 financial and operating results after the market close on Tuesday, November 2, 2021, and will host a conference call on Wednesday, November 3, 2021, at 7:30 a.m. CT to discuss the results. To participate on the call, dial 877.930.8286 (international dial-in 253.336.8309), using conference code 4653617 or listen to the call via the Company's website at www.laredopetro.com, under the tab for "Investor Relations." A telephonic replay will be available approximately two hours after the call on Wednesday, November 2, 2021 through Wednesday, November 10, 2021

TULSA, OK, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or the "Company") today announced its second-quarter 2021 financial and operating results. Second-Quarter 2021 Highlights Announced agreements to purchase the assets of Sabalo Energy, LLC ("Sabalo") and divest of 37.5% of the Company's legacy proved developed producing reserves, transforming Laredo's expected future production mix and Free Cash Flow1 trajectoryIncurred capital expenditures of $95 million, excluding non-budgeted acquisitions and leasehold expenditures, and completed 16 wells during second-quarter 2021Completed and began flowing back the 13-well Davis package in Howard County, the