Laredo update

Post Reply
Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

Laredo update

Post by Fraser921 »

https://investor.laredopetro.com/static ... 5324207eab

Big miss, way off q4 numbers and higher cap ex

stock down 7 % after hours

No wonder the COO left!

Major redo in model as q 4 production will be down 9 %

Cap Ex higher
Cost higher &
Production 9 % lower in q4
Bought stock back $10 higher than current price , wasting 2.5 m
Oh, and crap hedges
Post Reply