Laredo Petroleum (LPI) Tops Q1 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/14/2026
- S&P 500 and Nasdaq set to open higher as CPI, bank earnings take focus; IBM tumbles
- IBM plunges 19% as memory capex squeeze derails Q2 earnings
- SK Hynix’s record plunge drags down global chip stocks
- Software stocks tumble: High memory prices cannibalize enterprise tech capex
- Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
- IBM misses Q2 targets as mainframe and software sales disappoint
- Goldman Sachs Upgrades NIO (NIO) to Buy
- BofA Securities on AppLovin: 'Current valuation appears reasonable'
- Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop
- YPF Energía Eléctrica S.A. files for proposed NYSE IPO
Laredo Petroleum Announces 2016 First-Quarter Financial and Operating Results
May 4, 2016 5:02 PM EDTTULSA, OK, May 04, 2016 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) (Laredo or the Company) today announced its 2016 first-quarter results, reporting a net loss attributable to common stockholders of $180.4 million, or $0.85 per diluted share, which includes a pre-tax, non-cash full cost ceiling impairment charge of $161.1 million. Adjusted Net Income, a non-GAAP financial measure, for the first quarter of 2016 was $17.3 million, or $0.08 per diluted share. Adjusted EBITDA, a non-GAAP financial measure, for the first quarter of 2016 was $96.1 million.
2016 First-Quarter Highlights
Produced 46,202 barrels of oil equivalent ("BOE") per day,... More