Free Trial
Notice: This company has been marked as potentially delisted and may not be actively trading.
NYSE:LPI

Laredo Petroleum (LPI) Stock Price, News & Analysis

Laredo Petroleum logo

About Laredo Petroleum Stock (NYSE:LPI)

Key Stats

Today's Range
N/A
50-Day Range
$47.55
$68.94
52-Week Range
N/A
Volume
678,100 shs
Average Volume
672,250 shs
Market Capitalization
$808.59 million
P/E Ratio
1.11
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Laredo Petroleum, Inc., an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company sells oil, natural gas liquids, and natural gas. As of December 31, 2021, it had assembled 166,064 net acres in the Permian Basin; and had total proved undeveloped reserves of 86,592 thousand barrels of oil equivalent. The company was formerly known as Laredo Petroleum Holdings, Inc. and changed its name to Laredo Petroleum, Inc. in December 2013. Laredo Petroleum, Inc. was incorporated in 2006 and is headquartered in Tulsa, Oklahoma.

Receive LPI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Laredo Petroleum and its competitors with MarketBeat's FREE daily newsletter.

LPI Stock News Headlines

Piper Sandler Reaffirms Their Hold Rating on Vital Energy (VTLE)
625,000% Gain
Imagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.
Truist Financial Issues a Buy Rating on Vital Energy (VTLE)
Laredo Oil, Inc. (LRDC)
Laredo Oil Inc (LRDC)
See More Headlines

LPI Stock Analysis - Frequently Asked Questions

Laredo Petroleum, Inc. (NYSE:LPI) announced its earnings results on Tuesday, November, 2nd. The oil and gas producer reported $1.84 earnings per share for the quarter, missing the consensus estimate of $2.90 by $1.06. The oil and gas producer earned $379.25 million during the quarter, compared to analysts' expectations of $261.71 million. Laredo Petroleum had a net margin of 35.99% and a trailing twelve-month return on equity of 55.37%.

Laredo Petroleum shares reverse split on the morning of Monday, June 1st 2020. The 1-20 reverse split was announced on Thursday, May 14th 2020. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 29th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some other companies that Laredo Petroleum investors own include Teekay Tankers (TNK), Advanced Micro Devices (AMD), ConocoPhillips (COP), Cenovus Energy (CVE), Tesla (TSLA), Ford Motor (F) and Meta Platforms (META).

Company Calendar

Last Earnings
11/02/2021
Today
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
51680610
Employees
273
Year Founded
N/A

Profitability

Net Income
$145.01 million
Pretax Margin
36.27%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Book Value
$30.10 per share

Miscellaneous

Free Float
16,444,000
Market Cap
$808.59 million
Optionable
Optionable
Beta
3.31

Social Links

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.

Get This Free Report

This page (NYSE:LPI) was last updated on 11/12/2024 by MarketBeat.com Staff
From Our Partners