Laredo Petroleum (LPI) Tops Q1 EPS by 5c
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Go back to Laredo Petroleum (LPI) Tops Q1 EPS by 5c
February 22, 2022 4:10 PM EST
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...
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February 22, 2022 4:10 PM EST
Plan expected to deliver >$300 million of Free Cash Flow1 in 2022
Company expects to achieve deleveraging targets ahead of schedule
TULSA, OK, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced its capital budget and production guidance for full-year 2022.
Highlights
Allocates capital to highest-return opportunities, prioritizing the generation of Free Cash Flow1 and leverage reductionMaintains capital discipline with flat activity levels versus 2021, with...
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