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.
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 (21-Jul-2017)

3 b

Cash (31-Dec-2016)

32.7 m
Laredo Petroleum's current market capitalization is $3 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

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)
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

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

Total Liabilities

1.6 b

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
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

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
USDY, 2016

Revenue/Employee

1.8 m

Financial Leverage

9.9 x

Laredo Petroleum Market Value History

Laredo Petroleum News and Updates

Laredo Petroleum Company Life and Culture

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