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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.

Tags: to cent cuts petroleum

 
 

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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