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Tag: petroleum
Laredo Petroleum Replaces CFO, Further Cuts Personnel Costs
2020-06-18 00:00:00| OGI
Laredo Petroleum named Bryan Lemmerman, formerly with Chesapeake Energy, as CFO, replacing Michael Beyer, who left the Permian Basin-focused shale producer effective immediately.
Tags: costs
personnel
cuts
petroleum
Occidental Petroleum Cuts Dividend Again, Now to 1 Cent
2020-05-29 20:59:10| OGI
The companys shares were down 5% after the news and have lost nearly 70% of their value this year.
Occidental Petroleum Sued by Investors over Anadarko Merger
2020-05-27 20:25:00| OGI
Occidental Petroleum has been sued by investors who claim they suffered billions of dollars of losses because the heavily indebted company concealed its inability to weather plunging oil prices.
Tags: investors
petroleum
merger
occidental
Laredo Petroleum Names Bill Albrecht as Independent Chairman
2020-05-18 19:00:00| OGI
William (Bill) Albrecht succeeds Laredo Petroleums founder, Randy Foutch, who decided to not stand for re-election to the board.
Tags: names
bill
independent
chairman
Laredo Petroleum Board Approves Reverse Stock Split
2020-05-15 11:10:00| OGI
Other U.S. shale producers have taken similar measures this year in hopes of boosting its share price to avoid delisting, including Callon Petroleum and Chesapeake Energy.
Tags: board
stock
split
reverse
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