Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
Laredo Petroleum, Inc.
Type
Public company
Traded as NYSE: LPI
Industry Petroleum industry
Founded 2006; 11 years ago (2006)
Founder Randy A. Foutch
Headquarters Tulsa, Oklahoma
Key people
Randy A. Foutch, Chairman & CEO
Richard C. Buterbaugh, CFO
Products Natural Gas
Petroleum
Production output
49 thousand barrels of oil equivalent (300,000 GJ) per day
Revenue Decrease $0.597 billion (2016)
Operating income
Increase -$0.087 billion (2016)
Net income
Increase -$0.260 billion (2016)
Total assets Decrease $1.782 billion (2016)
Total equity Increase $0.180 billion (2016)
Number of employees
324 (2016)
Website www.laredopetro.com

Laredo Petroleum, Inc. is a petroleum and natural gas exploration and production company headquartered in Tulsa, Oklahoma.

As of December 31, 2016, Warburg Pincus owned 36.2% of the company.

As of December 31, 2016, the company had 167 million barrels of oil equivalent (1.02×10 GJ) of estimated proved reserves, of which 38% was oil and 62% was natural gas. All of these reserves were in the Permian Basin. The company controlled 127,847 net acres in the Permian Basin, where it had 1,088 net producing wells. The company had average daily production in 2016 of 49 thousand barrels of oil equivalent (300,000 GJ).

The company drills almost all of its wells using what it calls the "earth model", which it claims increases efficiency.

The company was founded in October 2006 by Randy A. Foutch.

In July 2011, the company acquired Broad Oak Energy in a $1 billion transaction, which expanded its presence in the Permian Basin and the Cline Shale.

On December 20, 2011, the company became a public company via an initial public offering.

In May 2013, Laredo sold its assets in the Anadarko Basin in western Oklahoma and Texas to affiliates of EnerVest Ltd for $438 million to raise capital for its drilling activities in the Permian Basin.

In July 2016, the company acquired additional acreage in the Midland Basin for $125 million.

In 2017, the company sold its interest in the Medallion Pipeline.

Investment goal date:
Dividends reinvested
Laredo Petroleum, Inc. LPI report Q3 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q1 2018
2018-05-04
--
--
Q4 2017
2018-02-19
--
--
Q4 2017
2018-02-13
--
--
Q3 2017
2017-11-01
0.0000
0.0000
Q2 2017
2017-08-07
0.1000
0.2500
Q1 2017
2017-05-03
0.1000
0.2800
Q4 2016
2017-02-15
0.1600
-0.0800
Q3 2016
2016-11-02
0.1200
0.0400
Q2 2016
2016-08-03
0.1300
-0.3300
Q1 2016
2016-05-04
0.0800
-0.8500
Q4 2015
2016-02-16
0.0600
-4.5700
Q3 2015
2015-11-05
0.0700
-4.0100
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
BlackRock Inc.
7598973
BlackRock Institutional Trust Company, N.A.
4683323
Capital Research Global Investors
9398000
Invesco Ltd.
3709254
Point72 Asset Management, L.P.
3748400
SailingStone Capital Partners LLC
28219637
SPO ADVISORY CORP
14059005
STATE STREET CORP
5011171
VAN ECK ASSOCIATES CORP
8240421
Vanguard Group, Inc
14906724
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.
4635075
WADDELL & REED FINANCIAL INC
4126244
WARBURG PINCUS & CO.
87670127
WARBURG PINCUS LLC
77670146
WELLINGTON MANAGEMENT CO LLP
4311310
Major Shareholders
Name Relationship
Total Shares
Holding stocks
WARBURG PINCUS LLC
54.0700% (77726490)
FNGN / LPI / NPBC / WEX /
SEGNER EDMUND P III
0.0500% (75340)
BBG / EXLP / LPI / MEP /
ROONEY L F III
0.0500% (74058)
HP / LPI /
WOLF DONALD D
0.0600% (92958)
BBEP / LPI / MWE / QRE /
KAGAN PETER
0.0600% (84053)
AR / LPI / NGLS /
STILL JAY P
0.1000% (150362)
LPI / PXD /
SCHUYLER JERRY R
0.1600% (226027)
LPI / PVA / ROSE /
SCOGGINS MYLES W
0.0600% (85091)
CIE / LPI / QEP /
Pierce Pamela S
0.1100% (158152)
LPI /
Warburg Pincus Private Equity IX, L.P.
25.1900% (36215078)
BLDR / LPI / SYUT /
Buterbaugh Richard C
0.1800% (258856)
LPI /
Parker Billy Zane
0.1000% (149627)
LPI / WPZ /
Foutch Randy A
0.6300% (909312)
HP / LNG / LPI /
Warburg Pincus Private Equity X O&G, L.P.
60.9800% (87670127)
LPI /
Levy James R.
0.0800% (109309)
AR / LPI /
Minton John E
0.0400% (59558)
LPI /
Dornblaser Kenneth E
0.1100% (155359)
LPI /
Curth Patrick J
0.1500% (209599)
LPI /
Schooley Daniel C
0.1100% (154990)
LPI /
% ()