Laredo Petroleum Company Culture
Laredo Petroleum Culture
This score is derived from employee ratings & reviews3.5/5
Laredo Petroleum's Overall Culture is rated C+
Top Rated Culture Dimensions
Compensation
BEnvironment
B-Happiness
B-Perks & Benefits
B-Retention
B-Laredo Petroleum CEO
Bottom 5%Bottom 5% of Similar Size Companies on Comparably
Randy Foutch
44 /100
See More
Diversity at Laredo Petroleum
Bottom 35%Bottom 35% of Similar Size Companies on Comparably
C-
Diverse employees at Laredo Petroleum have rated Perks And Benefits, Environment, and Retention as the highest categories they have scored
Women at Laredo Petroleum
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterLaredo Petroleum eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 50%Top 50% of Similar Size Companies on Comparably
Recommend to a Friend?
0
Laredo Petroleum employees are 0% more likely to recommend Laredo Petroleum as a great place to work
| 50% | Promoters |
|---|---|
| 0% | Passives |
| 50% | Detractors |
Working at Laredo Petroleum
Working at Laredo Petroleum is rated average by 5 employees, across various culture dimensions. Laredo Petroleum employees are most satisfied about Compensation, Environment, and Happiness categories, putting Laredo Petroleum’s culture in the Top 50% compared to similar sized companies on Comparably and in the Bottom 45% compared to other companies in Tulsa, OK. See below in detail how working at Laredo Petroleum was rated by employees.
Overall Company Culture at Laredo Petroleum
C+
Overall Company Culture at Laredo Petroleum is rated C+
Last updated months ago
Top
50%
Laredo Petroleum ranks in the Top 50% of other companies on Comparably with 501-1,000 Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterLaredo Petroleum Employee Reviews
Out of 2 Laredo Petroleum employee reviews, 50% were positive. The remaining 50% were constructive reviews with the goal of helping Laredo Petroleum improve their work culture.
| Positive Reviews | 50% |
|---|---|
| Constructive Feedback | 50% |
Positive Reviews From Laredo Petroleum Employees
- What are some of the best things about your team?i work with fun, yet serious people
Constructive Feedback From Laredo Petroleum Employees
- What's going wrong and how can it be improved?more days off, yet same pay compensation
Laredo Petroleum Company Information
Laredo Petroleum Company Overview
An independent energy company
Laredo Petroleum Mission, Vision & Values
Laredo Petroleum Mission & Values
Laredo Petroleum, Inc. is an independent energy company with headquarters in Tulsa, Oklahoma. Laredo’s business strategy is focused on the acquisition, exploration and development of oil and natural gas properties and the gathering of oil and liquids-rich natural gas from such properties, primarily in the Permian Basin of West Texas.
| Headquarter | 15 W. 6th Street, Suite 1800 Tulsa, OK United States of America |
|---|---|
| Website | www.laredopetro.com/ |
| Founding Date | 2006 |
| Tel | +1 918-513-4570 |
| Company Status | Public |
| Stock | LPI |
Laredo Petroleum Competitors
Laredo Petroleum competitors include Parsley Energy and Concho Resources. Laredo Petroleum ranks 3rd in Overall Culture Score on Comparably vs its competitors. See below how Laredo Petroleum compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Laredo Petroleum Employees
5 employees at Laredo Petroleum have reviewed Laredo Petroleum across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 5 Laredo Petroleum employees give their leadership a grade of D, or Bottom 20% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Laredo Petroleum are generally satisfied with their total compensation at Laredo Petroleum, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Laredo Petroleum are generally satisfied with their team. 5 Participants grade the quality of their coworkers a C. The majority believe the meetings at Laredo Petroleum are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Laredo Petroleum believe the environment at Laredo Petroleum is positive. Most Participants believe the pace of work at Laredo Petroleum is extremely fast. About 50% of the employees at Laredo Petroleum work 8 hours or less, while 25% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Laredo Petroleum are not very happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining Laredo Petroleum - Employee Onboarding
The prevailing opinion from Comparably users in Tulsa, OK about their company is that it was prepared on their first day. Tulsa, OK employees concluded that their overall onboarding experience was positive. 67% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Laredo Petroleum KPIs and OKRs
Employees’ understanding of Laredo Petroleum's KPIs and OKRs is essential for its success. Out of 2 Laredo Petroleum employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Laredo Petroleum CEO & Leadership
Laredo Petroleum CEO - Randy Foutch
44 /100
Randy’s approval rate is lower compared to CEOs at similar sized companies, putting Randy in the Bottom 5% of all CEOs of similar-sized companies on Comparably, and in the Bottom 5% compared to CEOs of all other companies in Tulsa, OK. Randy Foutch’s employees rank Laredo Petroleum in the Top 35% for Compensation, in the Top 40% for Environment, and in the Top 40% for Happiness. When compared to Laredo Petroleum’s competitors, Randy Foutch ranks below both Concho Resources CEO Timothy Leach and Parsley Energy CEO Bryan Sheffield.
Laredo Petroleum Leadership
The Laredo Petroleum Executive Team is rated a “C+” and led by CEO Randy Foutch, Chief Financial Officer and Executive Vice President Richard C. Buterbaugh, and Senior Vice President of Operations Daniel C. Schooley
Randy Foutch CEO / President
Mr. Randy A. Foutch Founded Laredo Petroleum, LLC (alternate name Laredo Petroleum Holdings, Inc.) in October 2006 and... read more
Richard C. Buterbaugh Chief Financial Officer and Executive Vice President
Mr. Richard C. Buterbaugh, also known as Rick, has been the Chief Financial Officer and Executive Vice President of... read more
Daniel C. Schooley Senior Vice President of Operations
Mr. Daniel C. Schooley, also known as Dan, has been an Senior Vice President of Operations at Laredo Petroleum, Inc.... read more
Kenneth E. Dornblaser Senior Vice President, General Counsel and Corporate Secretary
Mr. Kenneth E. Dornblaser, also known as Ken, has been a Senior Vice President and General Counsel of Laredo Petroleum,... read more
Patrick J. Curth Senior Vice President of Exploration and Land
Mr. Patrick J. Curth, also known as Pat, has been a Senior Vice President of Exploration and Land of Laredo Petroleum,... read more
Pamela S. Pierce Independent Director
Mrs. Pamela S. Pierce, also known as Pam, served as Vice President of Business Development of Vastar Resources, Inc.... read more
Michael T. Beyer Chief Accounting Officer and Vice President
Mr. Michael T. Beyer has been the Chief Accounting Officer and Vice President at Laredo Petroleum, Inc. since April 2014... read more
Lars P. Crotwell Chief Information Officer and Vice President
Mr. Lars P. Crotwell has been Chief Information Officer and Vice President at Laredo Petroleum, Inc. since December... read more
Laredo Petroleum Salaries
How much does Laredo Petroleum pay?
How much do people at Laredo Petroleum get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Laredo Petroleum is $112,435, or $54 per hour, while the estimated median salary is $113,221, or $54 per hour.
At Laredo Petroleum, the highest paid job is a General Counsel at $221,692 annually and the lowest is a SysAdmin at $45,000 annually. Average Laredo Petroleum salaries by department include: Engineering at $130,019, Customer Support at $62,282, Finance at $77,592, and Operations at $90,254. Half of Laredo Petroleum salaries are above $113,221.
4 employees at Laredo Petroleum rank their Compensation in the Top 35% of similar sized companies in the US (based on 12 ratings) while 4 employees at Laredo Petroleum rank their Perks And Benefits in the Top 40% of similar sized companies in the US (based on 6 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $66k | $66k | 1st Percentile |
17th Percentile $88k | $88k | 17th Percentile |
33rd Percentile $113k | $113k | 33rd Percentile |
50th Percentile $162k | $162k | 50th Percentile |
67th Percentile $208k | $208k | 67th Percentile |
83rd Percentile $263k | $263k | 83rd Percentile |
100th Percentile $268k | $268k | 100th Percentile |
$112,435*
Average Compensation
$113,221*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Laredo Petroleum Salaries by Department
Diversity & Inclusion at Laredo Petroleum
Diverse employees at Laredo Petroleum score the company 64/100 across various culture categories, placing Laredo Petroleum in the Bottom 35% of companies on Comparably with 501-1,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Laredo Petroleum across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Laredo Petroleum Perks & Benefits
Health & Wellness
- Health Insurance
Paid Time Off
- PTO / Vacation Policy
Laredo Petroleum PTO
Laredo Petroleum's PTO and Vacation policy typically gives unlimited days off a year. Laredo Petroleum's benefits and PTO Package averages to represent a less than $500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Laredo Petroleum Careers
Laredo Petroleum Jobs
No Recent Jobs found for Laredo Petroleum on Comparably
Mark that you are interested and we will alert you when there are new positions available listed on Comparably
Let Laredo Petroleum Know You Want To Work There
Overview of Candidates Interested in Laredo Petroleum on Comparably
Candidates By Department
All Industries | 100% |
|---|
Candidates By Location
Jenks | 100% |
|---|
Frequently Asked Questions regarding Laredo Petroleum
What is Laredo Petroleum address?
Laredo Petroleum location is at 15 W. 6th Street, Suite 1800
Who is the CEO of Laredo Petroleum?
Laredo Petroleum CEO is Randy Foutch, their score by employees is 44
What is Laredo Petroleum revenue?
Laredo Petroleum revenue is $822M
What is the salary for Office Manager in Laredo Petroleum?
Office Manager average salary in the US is 66k
What are the salaries in the Engineering in Laredo Petroleum?
The average salaries for Engineering in Laredo Petroleum is 130k
×