Laredo Petroleum, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 464.11 million compared to USD 379.25 million a year ago. Net income was USD 337.52 million compared to USD 136.83 million a year ago. Basic earnings per share from continuing operations was USD 20.27 compared to USD 8.68 a year ago. Diluted earnings per share from continuing operations was USD 20.08 compared to USD 8.56 a year ago.
For the nine months, revenue was USD 1,556.67 million compared to USD 923.85 million a year ago. Net income was USD 513.29 million compared to net loss of USD 71.27 million a year ago. Basic earnings per share from continuing operations was USD 30.64 compared to basic loss per share from continuing operations of USD 5.29 a year ago. Diluted earnings per share from continuing operations was USD 30.26 compared to diluted loss per share from continuing operations of USD 5.29 a year ago.