Laredo Petroleum

Laredo Petroleum is an independent energy company with headquarters in Tulsa, Oklahoma. Laredo's business strategy is focused on the exploration, development and acquisition of oil and natural gas properties in the Permian region of the United States.
Company Growth (employees)
Type
Public
HQ
Tulsa, US
Founded
2006
Size (employees)
324 (est)
Laredo Petroleum was founded in 2006 and is headquartered in Tulsa, US

Laredo Petroleum Office Locations

Laredo Petroleum has offices in Tulsa and Midland
Tulsa, US (HQ)
900 Bank of America Center 15 W 6th St

Laredo Petroleum Data and Metrics

Laredo Petroleum Financial Metrics

Laredo Petroleum's revenue was reported to be $189 m in Q1, 2017
USD

Revenue (Q1, 2017)

189 m

Net income (Q1, 2017)

68.3 m

EBIT (Q1, 2017)

51.3 m

Market capitalization (19-Sep-2017)

3.1 b

Cash (31-Mar-2017)

30.4 m
Laredo Petroleum's current market capitalization is $3.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

665.3 m793.9 m606.6 m597.4 m

Revenue growth, %

19%(24%)(2%)

Sales and marketing expense

75.3 b

General and administrative expense

91.8 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

183 m200.2 m150.7 m182.3 m150.3 m106.6 m146.8 m159.7 m189 m

Sales and marketing expense

20.2 m25.2 m32.4 m29.2 m25.1 m20.5 m19.2 m18.2 m17 m

General and administrative expense

29.6 m27.1 m21.9 m23.2 m22.9 m19.5 m20.5 m26.1 m25.6 m

Operating expense total

49.7 m52.2 m54.2 m52.4 m48 m40 m39.7 m44.3 m42.6 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

198.2 m29.3 m31.2 m32.7 m

Accounts Receivable

77.3 m126.9 m87.7 m86.9 m

Current Assets

307.6 m365.3 m332.2 m154.8 m

PP&E

1.2 b1.4 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

399.5 m55.8 m569.1 m57.6 m76.4 m12.1 m19.3 m30.4 m30.4 m

Accounts Receivable

95.7 m103.8 m110 m110.3 m100.7 m85.2 m88.5 m81.2 m78.9 m

Current Assets

530.6 m190.5 m901.6 m314.7 m375.4 m280.9 m211.3 m190.4 m152.6 m

PP&E

42.5 m1.1 b1.3 b1.4 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

118 m265.6 m(2.2 b)(260.7 m)

Accounts Receivable

6.8 m(50 m)39 m832 k

Accounts Payable

(32.6 m)23 m(24.8 m)873 k

Cash From Operating Activities

364.7 m498.3 m315.9 m356.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(19.1 m)64.3 m(472 k)(397.5 m)(1.2 b)(180.4 m)(251.8 m)(242.3 m)68.3 m

Accounts Receivable

(18.4 m)(26.4 m)16.9 m16.6 m26.1 m2.5 m(844 k)6.5 m8 m

Accounts Payable

2.4 m39.5 m(15.7 m)(15.4 m)9.2 m319 k5.9 m9.7 m

Cash From Operating Activities

240.1 m376.3 m26.9 m114.3 m225.5 m56.5 m138.6 m245.5 m63.8 m
USDY, 2017

Revenue/Employee

583.4 k

Financial Leverage

7.2 x
Show all financial metrics

Laredo Petroleum Market Value History

Traffic Overview of Laredo Petroleum

Laredo Petroleum News and Updates

BRIEF-Laredo Petroleum acquires bolt-on Midland basin acreage

* In early July, company hedged 2,007,500 barrels of oil for 2017

Laredo Petroleum Company Life and Culture

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