Laredo Petroleum (LPI) Issues 2022 Capital Budget and Outlook
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Laredo Petroleum Provides 2022 Capital Budget and Outlook
February 22, 2022 4:10 PM ESTPlan 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... More