It is now my pleasure to introduce Mr. Ron Hagood, vice president, investor relations. Joining me today are Jason Pigott, president and chief executive officer; Karen Chandler, senior vice president and chief operating officer; and Bryan Lemmerman, senior vice president and chief financial officer; as well as additional members of our management team.
Laredo Petroleum (LPI) delivered earnings and revenue surprises of -20.58% and 40.96%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
TULSA, OK, May 04, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced its first-quarter 2022 financial and operating results. A conference call and webcast to discuss the results is planned for 7:30 a.m. CT, Thursday, May 5, 2022. Complete details can be found within this release. First-Quarter 2022 Highlights Reported a net loss of $86.8 million and cash flows from operating activities of $170.9 million, generating Adjusted EBITDA1 of $222.1