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Laredo Petroleum, Inc. (LPI)

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Laredo Petroleum, Inc.

15 West Sixth Street
Suite 900
Tulsa, OK 74119
United States
918-513-4570
http://www.laredopetro.com

SectorBasic Materials
IndustryIndependent Oil & Gas
Full Time Employees324

Key Executives

NameTitlePayExercisedAge
Mr. Randy A. FoutchFounder, Chairman and Chief Exec. Officer2.45MN/A65
Mr. Richard C. ButerbaughChief Financial Officer and Exec. VP1.14MN/A62
Mr. Daniel C. SchooleySr. VP of Operations914.33kN/A61
Mr. Kenneth E. DornblaserSr. VP, Gen. Counsel and Corp. Sec.828.41kN/A62
Mr. Patrick J. CurthSr. VP of Exploration and Land908.03kN/A65
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Laredo Petroleum, Inc. operates as an independent energy company in the United States. It operates through two segments, Exploration and Production of Oil and Natural Gas Properties; and Midstream and Marketing. It focuses on the acquisition, exploration, and development of oil and natural gas properties; and the transportation of oil and natural gas primarily in the Permian Basin in West Texas, as well as rig fuel, natural gas lift, and water delivery and takeaway services. As of December 31, 2016, it had assembled 127,847 net acres in the Permian Basin; and had total proved reserves of 167,100 thousand barrels of oil equivalent. The company was formerly known as Laredo Petroleum Holdings, Inc. and changed its name to Laredo Petroleum, Inc. in December 2013. Laredo Petroleum, Inc. was founded in 2006 and is headquartered in Tulsa, Oklahoma.

Corporate Governance

Laredo Petroleum, Inc.’s ISS Governance QualityScore as of August 1, 2017 is 7. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 8; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.