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Laredo Petroleum -18% on Q1 earnings miss, scrapping of Shell deal

Retrieved on: 2018-05-03 03:52:30

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<div><b>Laredo Petroleum</b> (LPI -17.8%) plunges after reporting weaker than expected Q1 earnings and Royal Dutch Shell's (RDS.A, RDS.B) termination of a crude oil purchase agreement with the company. LPI says the Shell contract is under litigation but the termination will reduce aggregate Q2 forecast crude ...</div>

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