Is Laredo Petroleum a good buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Laredo Petroleum Inc stock to perform well in the short-term.
Does Laredo Petroleum pay dividends?
LAREDO PETROLEUM (NYSE: LPI) does not pay a dividend. Is LAREDO PETROLEUM’s dividend stable? LAREDO PETROLEUM (NYSE: LPI) does not pay a dividend.
What does Laredo Petroleum do?
Laredo Petroleum, Inc. is an independent energy company with headquarters in Tulsa, Oklahoma. Laredo’s business strategy is focused on the acquisition, exploration and development of oil and natural gas properties, and midstream and marketing services, primarily in the Permian Basin of West Texas.
What happened Laredo Petroleum?
On December 20, 2011, the company became a public company via an initial public offering. In May 2013, the company sold its assets in the Anadarko Basin in western Oklahoma and Texas to affiliates of EnerVest Ltd for $438 million to raise capital for its drilling activities in the Permian Basin.
Where is Laredo Petroleum located?
Tulsa, Oklahoma
Laredo Petroleum, Inc. is an independent energy company with headquarters in Tulsa, Oklahoma.
What does WPX Energy do?
WPX Energy Inc. is an independent energy producer with core positions in the Permian and Williston basins. WPX’s production is approximately 80% oil/liquids and 20% natural gas. The company also has an infrastructure portfolio in the Permian Basin.
What happened to WPX stocks?
In accordance with the merger agreement, WPX shareholders received a fixed exchange of 0.5165 shares of Devon common stock for each share of WPX common stock owned. WPX common stock will no longer be listed for trading on the NYSE.
Who bought Wpx?
Devon Energy
Devon Energy has completed its acquisition of rival WPX Energy, creating one of the nation’s largest shale players with a dominant position in West Texas. S&P Global Platts valued the transaction at $5.8 billion.
Who owns Wpx?
Devon EnergyWPX Energy / Parent organization
What happened WPX stock?
Who is Devon merging with?
WPX Energy, Inc.
Calling it a “merger of equals,” Oklahoma City-based Devon Energy Corp. (NYSE: DVN) and Tulsa-based WPX Energy, Inc. (NYSE: WPX) reported Thursday that they have completed their all-stock combination. Under the deal, WPX shareholders received 0.5165 shares of Devon common stock for each WPX common stock share owned.
Who bought WPX?