Laredo Petroleum (LPI) Tops Q1 EPS by 4c, Revenues Beat

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Laredo Petroleum Announces 2019 First-Quarter Financial and Operating Results and Updates Full-Year 2019 Operating Plan

May 1, 2019 4:30 PM EDT

TULSA, OK, May 01, 2019 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or "the Company") today announced its 2019 first-quarter results, reporting a net loss attributable to common stockholders of $9.5 million, or $0.04 per diluted share. Adjusted Net Income, a non-GAAP financial measure, for the first quarter of 2019 was $27.9 million, or $0.12 per diluted share. Adjusted EBITDA, a non-GAAP financial measure, for the first quarter of 2019 was $122.9 million. Please see supplemental financial information at the end of this news release for reconciliations of non-GAAP financial measures.

2019 First-Quarter Highlights

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