Laredo Petroleum
How we got $1.95B
Based on SEC filings (FY2024).
What we know
What they do
Crescent Energy is an investor and operator in the energy sector, focused on returns-driven growth by acquisition and free cash flow generation. Its operations are focused in the Eagle Ford, Permian and Uinta basins.
From the company's website. Industry: Manufacturing.
Employees over time
▲ 58% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 255 | $127.5M |
| 2021 | Form 5500 | 264 | $132.0M |
| 2022 | Form 5500 | 290 | $145.0M |
| 2023 | Form 5500 | 324 | $162.0M |
| 2024 | Form 5500 | 402 | $201.0M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Laredo Petroleum this business | $1.95B | — |
| Serac Llc Tulsa | $3.0M | 0.0 mi |
| Eerie Abbey Ales Tulsa | $7.0M | 0.1 mi |
| KIM & PARK FOOD CORP Tulsa · 1 employees | $716K | 0.1 mi |
| Midcon Investors Tulsa | $3.0M | 0.2 mi |
| SUNRAY BAKERY CAFE LLC Tulsa · 2 employees | $322K | 0.4 mi |
| NEFF Brewing Tulsa | $3.5M | 0.4 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
These are the business's own reported figures, from its SEC annual report (10-K), not an estimate.
| Revenue range | $1.85B – $2.05B |
| EBITDA range | $683.4M – $755.4M |
| Industry (NAICS) | Manufacturing (31) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: approximate sector default. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
People & advisors
Leadership
- KHKim HardingSigned for the company · 2024 retirement-plan filing (Form 5500)
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Laredo Petroleum
Laredo Petroleum is a manufacturing company in Tulsa, Oklahoma, in business since 2006. Its reported annual revenue is about $1.95B, with roughly $719.4M of EBITDA. It has about 402 employees.
Common questions
- Who owns Laredo Petroleum?
- The owner of Laredo Petroleum isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Laredo Petroleum make?
- Laredo Petroleum reported revenue of about $1.95B.
- How many employees does Laredo Petroleum have?
- About 402, from its 2024 retirement-plan filing.
- When was Laredo Petroleum founded?
- Laredo Petroleum has been in business since 2006.