Laredo Petroleum (LPI) IPO Trades Higher
Tweet
Share
E-mailGet Alerts LPI Hot Sheet
Join SI Premium – FREE
The IPO for Laredo Petroleum Holdings (NYSE: LPI) opened for trading at $17.25 after pricing 17,500,000 shares at $17, below the expected $18-$20 range.
The offering was led by J.P. Morgan, Goldman, Sachs & Co., BofA Merrill Lynch, and Wells Fargo Securities.
Laredo Petroleum in an independent energy company focused on the exploration, development and acquisition of oil and natural gas in the Permian and Mid-Continent regions of the United States. The company's activities are primarily focused in the Wolfberry and deeper horizons of the Permian Basin in West Texas and the Anadarko Granite Wash in the Texas Panhandle and Western Oklahoma, where they have assembled 127,041 net acres and 37,740 net acres, respectively.
The offering was led by J.P. Morgan, Goldman, Sachs & Co., BofA Merrill Lynch, and Wells Fargo Securities.
Laredo Petroleum in an independent energy company focused on the exploration, development and acquisition of oil and natural gas in the Permian and Mid-Continent regions of the United States. The company's activities are primarily focused in the Wolfberry and deeper horizons of the Permian Basin in West Texas and the Anadarko Granite Wash in the Texas Panhandle and Western Oklahoma, where they have assembled 127,041 net acres and 37,740 net acres, respectively.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Dentsply Sirona names John Fortson as chief financial officer
- RMG ML Sports Holdings prices $200 million IPO at $10 per unit
- BofA Securities Double Upgrades Intel (INTC) to Buy
Create E-mail Alert Related Categories
IPOsRelated Entities
JPMorgan, Wells FargoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
