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On the surface, that report looked just fine. Laredo reported adjusted net income of $33.1 million, or $0.13 per share, which matched analysts’ expectations. Further, the oil driller noted that.
Laredo Petroleum (NYSE:LPI) recently reported less-than-stellar second-quarter results as the company only met expectations while most of its peers exceeded analysts’ estimates. That said, the company.
The interesting thing about this move today with regards to Laredo Petroleum is that it has no "dog" in the Canadian oil production fight. Nearly all of the company’s oil and gas production takes.
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"But that covers from Nuevo Laredo to tierra del fuego," Amstutz says. "I’m not sure how proficient I was at teaching her," says petroleum broker Michael Ayers. "I’m not sure who is more to blame.
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