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Re: None

Friday, 12/31/2021 12:57:33 AM

Friday, December 31, 2021 12:57:33 AM

Post# of 185
LPI $61+, sometimes looking back is good

before looking ahead...


https://www.fool.com/earnings/call-transcripts/2021/11/03/laredo-petroleum-lpi-q3-2021-earnings-call-transcr/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article


LPI recently forecast to start

having positive free cash flow in

the 4th quarter of 2021...


Forecast of about $300 million

of free cash flow in 2022 comes

from a projected oil price...


LPI is well hedged if that oil

price falls Well short of that...


So, in the times that start to

look a little dimmer, you may

reflect on one of your big gripes

about the past year of hedges...


Higher oil production percentage...

Lower debt cost per dollar borrowed...


And hope the process continues

to benefit as prices average out

as time rolls on...


So we watch...LJ



Gee Beav, rithmatic isn't usually this hard to read!

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