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.
Type
Public
HQ
Tulsa, US
Founded
2006
Size (employees)
324 (est)-4%
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 $597.4 m in FY, 2016 which is a 2% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

597.4 m

Revenue growth (FY, 2015 - FY, 2016), %

(2%)

Net income (FY, 2016)

(260.7 m)

EBIT (FY, 2016)

(88 b)

Market capitalization (26-May-2017)

3 b

Closing share price (26-May-2017)

12.5

Cash (31-Dec-2016)

32.7 m
Laredo Petroleum's current market capitalization is $3 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

665.3 m793.9 m606.6 m597.4 m

Revenue growth, %

19%(24%)(2%)

Operating expense total

450.9 m567.5 m3.1 b685.3 b

EBIT

214.4 m226.4 m(2.5 b)(88 b)

EBIT margin, %

32%29%(409%)(14725%)

Interest expense

(100.3 m)(121.2 m)(103.2 m)(93.3 b)

Pre tax profit

191.1 m429.9 m(2.4 b)(260.7 b)

Income tax expense

(74.5 m)(164.3 m)

Net Income

118 m265.6 m(2.2 b)(260.7 m)
Numbers are in $, 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

Inventories

Current Assets

307.6 m365.3 m332.2 m154.8 m

PP&E

1.2 b1.4 b

Total Assets

2.6 b3.9 b1.8 b1.8 b

Accounts Payable

16 m39 m14.2 m15.1 m

Current Liabilities

254 m425 m216.8 m187.9 m

Additional Paid-in Capital

1.3 b1.3 b2.1 b2.4 b

Retained Earnings

(13 m)252.6 m(2 b)(2.2 b)

Total Equity

1.3 b1.6 b131.4 m180.6 m

Financial Leverage

2.1 x2.5 x13.8 x9.9 x
Numbers are in $, 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

Inventories

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

Cash From Investing Activities

(329.9 m)(1.4 b)(667.5 m)(564.4 m)

Long-term Borrowings

(395 m)

Cash From Financing Activities

130.1 m739.9 m353.4 m209.6 m
Numbers are in $, USDY, 2016

Revenue/Employee

1.8 m

Financial Leverage

9.9 x

Laredo Petroleum Market Value History

Laredo Petroleum Job Categories

Laredo Petroleum News and Updates

Laredo Petroleum Company Life and Culture

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