InvestorsHub Logo
Followers 145
Posts 33964
Boards Moderated 1
Alias Born 05/01/2004

Re: mick post# 10653

Wednesday, 05/04/2022 5:18:12 PM

Wednesday, May 04, 2022 5:18:12 PM

Post# of 14502
LPI $78, about $170 million of operating income

in 1st quarter 2022 versus about

$71 million of operating income

in 1st quarter 2021...


https://www.sec.gov/Archives/edgar/data/1528129/000152812922000087/a5422laredopetroleumannoun.htm

LPI paid out about $125 million

to settle hedge derivatives...

??, every 1st quarter of each year

sees big paper write off for the

unsettled hedge derivatives...

It is a line item that gripes me

when they pay and account for

hedge derivative costs each quarter...


1st quarter 2022 oil production at

about 40,295 barrels per day or

about 66% increase...


Noticed in investor presentation that

some natural gas hedges were added

for 2023 year...


So we watch...LJ

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

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.