Name | Value |
---|---|
Revenues | 560.2M |
Cost of Revenue | 161.7M |
Gross Profit | 398.5M |
Operating Expense | 27.3M |
Operating I/L | 302.4M |
Other Income/Expense | -32.8M |
Interest Income | 0.0M |
Pretax | 269.6M |
Income Tax Expense | 7.1M |
Net Income/Loss | 262.5M |
Laredo Petroleum, Inc. is an independent energy company focused on the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas. The company generates revenue by selling oil, natural gas liquids, and natural gas. With 166,064 net acres in the Permian Basin and total proved undeveloped reserves of 86,592 thousand barrels of oil equivalent, Laredo Petroleum, Inc. is dedicated to the extraction and sale of energy resources in the United States.