Laredo Petroleum

Overview

Laredo Petroleum: Fueling Excitement in the Oil and Gas Industry

When it comes to the oil and gas industry, Laredo Petroleum is a name that stands out. Founded in October 2006 by Chairman and Chief Executive Officer Randy A. Foutch, this dynamic corporation has been making waves in the Permian Basin and Mid-Continent regions. With a team of experienced professionals who have worked together for over a decade, Laredo Petroleum has a proven track record of success and a solid foundation for growth.

One of the key factors that sets Laredo Petroleum apart is their unwavering commitment to their fundamental business strategy. This strategy has been the driving force behind their impressive growth in cash flow, production, and reserves. With a focus on the same general areas where their founder's previous companies thrived, Laredo Petroleum has been able to build upon their past successes and create a thriving business.

In terms of financial success, Laredo Petroleum has a remarkable story to tell. Their previous companies had a total of approximately $547 million of debt and equity capital invested, and their cumulative sales proceeds were approximately $1.1 billion. This impressive financial track record is a testament to the expertise and strategic vision of the Laredo Petroleum team.

But it's not just about the numbers at Laredo Petroleum. This corporation is also dedicated to making a positive impact on the communities where they operate. They prioritize responsible and sustainable practices, ensuring that their operations have minimal impact on the environment. Additionally, Laredo Petroleum actively supports local initiatives and organizations, giving back to the communities that have supported their growth.

For employees, working at Laredo Petroleum can be an exciting and rewarding experience. The company's commitment to growth and success means that there are ample opportunities for professional development and advancement. With a team of experienced professionals at the helm, employees have the chance to learn from the best in the industry and gain valuable skills that will benefit their careers.

Laredo Petroleum also values their employees' well-being and offers a comprehensive benefits package. From competitive salaries to health insurance and retirement plans, they ensure that their employees are well taken care of. Additionally, the company fosters a positive and inclusive work environment, where collaboration and teamwork are encouraged. This creates a supportive atmosphere where employees can thrive and reach their full potential.

In conclusion, Laredo Petroleum is a corporation that is fueling excitement in the oil and gas industry. With a proven track record of success, a commitment to responsible practices, and a dedication to employee well-being, this company offers a truly rewarding work experience. Whether you're an experienced professional looking for new challenges or a recent graduate eager to make your mark in the industry, Laredo Petroleum is a company that can help you achieve your goals.