Laredo Petroleum Company Profile (NYSE:LPI)

About Laredo Petroleum

Laredo Petroleum logoLaredo Petroleum, Inc. (Laredo) is an independent energy company focused on the acquisition, exploration and development of oil and natural gas properties, and the transportation of oil and natural gas from such properties primarily in the Permian Basin in West Texas. The Company's segments include Exploration and production, and Midstream and marketing. The exploration and production of oil and natural gas properties are conducted by the Company through the exploration and development of its acreage in the Permian Basin. It focuses on development activities in over four targets for horizontal drilling (Upper, Middle and Lower Wolfcamp and Cline formations). It has over 131,760 of the net acres in the Permian-Garden City area. The Midstream and marketing segment's operations are conducted by its subsidiary, Laredo Midstream Services, LLC, which buys, sells, gathers and transports oil, natural gas and water. This system gathers, transports and delivers over 69,000 barrels per day.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NYSE
  • Symbol: LPI
  • CUSIP: 51680610
Key Metrics:
  • Previous Close: $11.40
  • 50 Day Moving Average: $12.07
  • 200 Day Moving Average: $10.80
  • 52-Week Range: $223,035,000.00 - $3.90
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 30.81
  • P/E Growth: 0.96
  • Market Cap: $2.58B
  • Outstanding Shares: 223,035,000
  • Beta: 1.31
  • Net Margins: -391.74%
  • Return on Equity: 24.95%
  • Return on Assets: 3.74%
  • Debt-to-Equity Ratio: 152.06%
  • Current Ratio: 1.37%
  • Quick Ratio: 1.37%
Additional Links:
Companies Related to Laredo Petroleum:

Analyst Ratings

Consensus Ratings for Laredo Petroleum (NYSE:LPI) (?)
Ratings Breakdown: 1 Sell Rating, 11 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.32)
Consensus Price Target: $12.68 (11.18% upside)

Analysts' Ratings History for Laredo Petroleum (NYSE:LPI)
DateFirmActionRatingPrice TargetDetails
9/13/2016FBR & CoInitiated CoverageOutperform$14.00View Rating Details
9/8/2016KLR GroupBoost Price TargetHold$11.00 -> $13.00View Rating Details
9/8/2016Raymond James Financial Inc.Boost Price TargetOutperform$16.00 -> $17.00View Rating Details
8/30/2016Seaport Global SecuritiesUpgradeSell -> Neutral$8.00 -> $11.00View Rating Details
8/29/2016Williams CapitalInitiated CoverageHold$14.00View Rating Details
8/24/2016Capital One Financial Corp.UpgradeEqual Weight -> Overweight$15.00View Rating Details
8/5/2016Barclays PLCBoost Price TargetOverweight$14.00 -> $15.00View Rating Details
6/21/2016NomuraReiterated RatingNeutral$10.00 -> $11.00View Rating Details
6/16/2016Deutsche Bank AGReiterated RatingHold$9.00View Rating Details
6/15/2016BMO Capital MarketsReiterated RatingHold$12.00View Rating Details
6/14/2016Iberia CapitalUpgradeSector Perform -> Outperform$8.00 -> $14.00View Rating Details
5/26/2016Imperial CapitalInitiated CoverageIn -> In-Line$12.50View Rating Details
5/13/2016JPMorgan Chase & Co.UpgradeUnderweight -> Neutral$9.00 -> $12.00View Rating Details
5/11/2016Topeka Capital MarketsBoost Price TargetBuy$14.00 -> $15.00View Rating Details
5/9/2016Alembic Global AdvisorsUpgradeNeutral -> Overweight$7.00 -> $16.00View Rating Details
4/18/2016Cowen and CompanyDowngradeOutperform -> Market Perform$7.00 -> $8.00View Rating Details
3/30/2016Citigroup Inc.DowngradeSell$5.00View Rating Details
2/18/2016StephensDowngradeOverweight -> Equal WeightView Rating Details
2/5/2016Robert W. BairdLower Price Target$14.00 -> $8.00View Rating Details
11/10/2015SunTrust Banks Inc.Boost Price Target$9.00 -> $11.00View Rating Details
11/6/2015Tudor PickeringDowngradeAccumulate -> Hold$21.00View Rating Details
9/23/2015Bank of America Corp.DowngradeNeutral -> UnderperformView Rating Details
8/15/2015ScotiabankReiterated RatingSector Perform$12.00View Rating Details
8/14/2015Howard WeilDowngradeSector Outperform -> Sector Perform$16.00 -> $12.00View Rating Details
8/13/2015KeyCorpInitiated CoverageEqual Weight$65.00View Rating Details
8/12/2015Credit Suisse Group AGLower Price TargetNeutral$10.00 -> $9.00View Rating Details
8/7/2015Northland SecuritiesLower Price TargetMarket Perform$13.00 -> $10.00View Rating Details
5/29/2015Societe GeneraleReiterated RatingBuy$14.00 -> $16.00View Rating Details
5/18/2015Goldman Sachs Group Inc.UpgradeSell -> Neutral$9.00 -> $14.00View Rating Details
1/20/2015Credit Agricole SAUpgradeUnderperform -> OutperformView Rating Details
12/18/2014Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details
12/17/2014Canaccord GenuityLower Price TargetHold$14.00 -> $8.00View Rating Details
12/2/2014MizuhoDowngradeBuy -> Neutral$24.00 -> $10.00View Rating Details
11/12/2014SimmonsDowngradeOverweight -> Neutral$27.00 -> $24.00View Rating Details
(Data available from 9/26/2014 forward)


Earnings History for Laredo Petroleum (NYSE:LPI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2016Q2$0.10($0.33)$138.30 million$146.77 millionViewListenView Earnings Details
5/4/2016Q1$0.06$0.08$118.15 million$106.55 millionViewListenView Earnings Details
2/16/2016Q4$0.10$0.06$151.92 million$115.90 millionViewListenView Earnings Details
11/5/2015Q315$0.06$0.07$151.61 million$150.34 millionViewListenView Earnings Details
8/6/2015Q215$0.05$0.05$162.12 million$182.33 millionViewListenView Earnings Details
5/7/2015Q1$0.01$0.03$169.39 million$150.64 millionViewListenView Earnings Details
2/26/2015Q4$0.14$1.40$237.30 millionViewListenView Earnings Details
11/6/2014Q113$0.17$0.19$199.53 million$200.20 millionViewListenView Earnings Details
8/7/2014Q2$0.18$0.14$190.23 million$183.00 millionViewListenView Earnings Details
5/8/2014Q1$0.14$0.49$169.86 million$173.20 millionViewListenView Earnings Details
2/27/2014Q4$0.09$0.13$151.27 million$153.40 millionViewListenView Earnings Details
11/7/2013$0.15$0.15$169.99 million$170.80 millionViewListenView Earnings Details
8/8/2013Q2 2013$0.16$0.16ViewListenView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Laredo Petroleum (NYSE:LPI)
Current Year EPS Consensus Estimate: $0.47 EPS
Next Year EPS Consensus Estimate: $0.37 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20168($0.01)$0.07$0.04
Q2 20165$0.11$0.11$0.11
Q3 20167$0.10$0.17$0.13
Q4 20167$0.12$0.17$0.14
Q1 20175$0.05$0.10$0.08
Q2 20175$0.06$0.11$0.08
Q3 20175$0.08$0.12$0.10
Q4 20175$0.08$0.15$0.10
Q1 20182$0.11$0.16$0.14
Q2 20182$0.13$0.17$0.15
(Data provided by Zacks Investment Research)


Dividend History for Laredo Petroleum (NYSE:LPI)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Laredo Petroleum (NYSE:LPI)
Insider Ownership Percentage: 1.50%
Institutional Ownership Percentage: 98.78%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/29/2016Patrick J CurthVPSell17,000$12.57$213,690.00View SEC Filing  
2/19/2016Randy A FoutchCEOBuy22,072$4.52$99,765.44View SEC Filing  
2/19/2016Richard C ButerbaughCFOBuy25,000$4.18$104,500.00View SEC Filing  
5/11/2015Patrick J CurthVPSell15,200$13.47$204,744.00View SEC Filing  
3/26/2015Pincus Private Equity WarburgMajor ShareholderBuy42,153,744$11.05$465,798,871.20View SEC Filing  
8/14/2014L F Rooney IIIDirectorBuy20,882$23.50$490,727.00View SEC Filing  
6/11/2014Randy A FoutchCEOSell70,000$28.93$2,025,100.00View SEC Filing  
6/10/2014Patrick J CurthVPSell10,080$28.74$289,699.20View SEC Filing  
3/4/2014John MintonInsiderSell12,806$26.51$339,487.06View SEC Filing  
3/4/2014Patrick CurthVPSell12,850$27.23$349,905.50View SEC Filing  
2/25/2014Jerry SchuylerInsiderSell9,000$27.53$247,770.00View SEC Filing  
2/13/2014Jerry SchuylerInsiderSell7,000$26.63$186,410.00View SEC Filing  
1/31/2014Jerry SchuylerInsiderSell7,000$24.77$173,390.00View SEC Filing  
1/14/2014Jerry SchuylerInsiderSell7,000$23.93$167,510.00View SEC Filing  
1/10/2014John MintonInsiderSell22,284$24.34$542,392.56View SEC Filing  
12/27/2013Jerry SchuylerInsiderSell7,000$27.64$193,480.00View SEC Filing  
12/11/2013Jerry SchuylerInsiderSell7,000$25.46$178,220.00View SEC Filing  
11/26/2013Jerry SchuylerInsiderSell30,444$29.06$884,702.64View SEC Filing  
11/25/2013Jerry SchuylerInsiderSell136,506$28.99$3,957,308.94View SEC Filing  
11/14/2013Jerry SchuylerInsiderSell7,000$29.62$207,340.00View SEC Filing  
10/21/2013Jerry R SchuylerInsiderSell7,000$33.55$234,850.00View SEC Filing  
10/10/2013Jerry SchuylerInsiderSell7,000$30.47$213,290.00View SEC Filing  
9/26/2013Jerry SchuylerInsiderSell7,000$29.81$208,670.00View SEC Filing  
9/25/2013Jerry SchuylerInsiderSell50,000$29.35$1,467,500.00View SEC Filing  
9/10/2013Jerry R SchuylerInsiderSell7,000$26.76$187,320.00View SEC Filing  
8/27/2013Peter KaganDirectorSell1,577,583$22.98$36,252,857.34View SEC Filing  
8/26/2013Jerry SchuylerInsiderSell7,000$26.31$184,170.00View SEC Filing  
8/19/2013John MintonVPSell10,000$23.75$237,500.00View SEC Filing  
8/19/2013Peter KaganDirectorSell2,890,000$22.98$66,412,200.00View SEC Filing  
8/19/2013Randy FoutchCEOSell100,000$23.75$2,375,000.00View SEC Filing  
6/25/2013Jerry R SchuylerCOOSell20,000$20.25$405,000.00View SEC Filing  
6/20/2013Patrick J CurthVPSell15,000$20.40$306,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Laredo Petroleum (NYSE:LPI)
News IconIt's Earnings Time: What to Do with Laredo Petroleum, Inc. (NYSE ... - The Voice Registrar (NYSE:LPI) - September 23 at 5:37 PM logoWhy Laredo Petroleum (LPI) Stock Might be a Great Pick (NYSE:LPI) - September 22 at 5:44 PM
News IconStock's Buzzers: AbbVie Inc (NYSE:ABBV), Laredo Petroleum Inc (NYSE:LPI) - NYSE Journal (press release) (NYSE:LPI) - September 21 at 4:13 PM logoLaredo Petroleum, Inc. breached its 50 day moving average in a Bullish Manner : LPI-US : September 19, 2016 (NYSE:LPI) - September 19 at 10:32 AM
News IconConsensus Judgments in Focus About- Laredo Petroleum, Inc. (NYSE:LPI), PDC Energy, Inc. (NASDAQ:PDCE) - Seneca Globe (NYSE:LPI) - September 16 at 10:54 AM
News IconTwo Materials Stocks Are Just So Hot Right Now: Laredo Petroleum, Inc. (LPI), Occidental Petroleum Corporation (OXY) - National Daily Press (NYSE:LPI) - September 15 at 9:04 PM
News IconStock in the Trader's Radar- Laredo Petroleum, Inc.'s (LPI) - Hot Stocks Point (NYSE:LPI) - September 15 at 9:04 PM
News IconTwo Materials Stocks Are Just So Hot Right Now: Laredo Petroleum, Inc. (LPI), Occidental Petroleum Corporation (OXY) (NYSE:LPI) - September 15 at 3:58 PM logo3 Energy Stocks You May Be Overlooking (NYSE:LPI) - September 13 at 10:49 AM logoLAREDO PETROLEUM, INC. Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:LPI) - September 12 at 5:45 PM
News IconAnalysts Valuations For Two Stocks: Range Resources Corp. (NYSE:RRC), Laredo Petroleum Inc (NYSE:LPI) - The Voice Registrar (NYSE:LPI) - September 12 at 10:39 AM
News IconFY2016 Earnings Estimate for Laredo Petroleum Inc. (LPI) Issued By KeyCorp (NYSE:LPI) - September 11 at 10:09 AM logoRatings Watch: Laredo Petroleum, Inc. (NYSE:LPI) - Investor Newswire (NYSE:LPI) - September 10 at 10:21 AM
News IconConsensus Take: Laredo Petroleum, Inc. (NYSE:LPI) Earnings & Ratings Watch - Frisco Fastball (NYSE:LPI) - September 9 at 5:46 PM
News IconTraders Watch List: Laredo Petroleum Inc (NYSE:LPI), EXACT ... - NYSE Journal (press release) (NYSE:LPI) - September 7 at 9:30 AM logoUS Crude Oil Production Hinges on Rig Counts (NYSE:LPI) - September 6 at 10:44 AM
News IconAnalysts Valuations For Two Stocks: Laredo Petroleum Inc (NYSE:LPI), First Horizon National Corp (NYSE:FHN) - The Voice Registrar (NYSE:LPI) - September 5 at 5:24 PM
News IconSeaport Global Securities Upgrades Laredo Petroleum Inc. (LPI) to Neutral (NYSE:LPI) - September 1 at 9:03 AM
News IconStocks in the News: Laredo Petroleum Inc (NYSE:LPI), Vanda Pharmaceuticals Inc.(NASDAQ:VNDA), Uranium ... - NYSE Journal (press release) (NYSE:LPI) - August 30 at 9:17 AM logoLaredo Petroleum Shares Trading Near Williams Capital Price Target, Initiated At Hold (NYSE:LPI) - August 29 at 5:53 PM
News IconTrending Stocks: Mosaic Co (NYSE:MOS), Laredo Petroleum Inc (NYSE:LPI) - NYSE Journal (press release) (NYSE:LPI) - August 27 at 10:22 AM
News IconStocks to Keep Your Eyes on - Laredo Petroleum (NYSE:LPI), Edison International (NYSE:EIX) - Money News (press release) (NYSE:LPI) - August 27 at 10:22 AM logoLaredo Petroleum to Present at Upcoming Conference (NYSE:LPI) - August 25 at 5:58 PM logoLAREDO PETROLEUM, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:LPI) - August 25 at 5:58 PM
News IconRating and Recommendation Roundup: Laredo Petroleum Inc (NYSE:LPI) - Post Registrar (NYSE:LPI) - August 25 at 11:02 AM
News IconLaredo Petroleum Inc. (NYSE: LPI) Stock Upgraded at Capital One ... - BNB Daily (blog) (NYSE:LPI) - August 24 at 5:50 PM logoLaredo Petroleum upgraded by CapitalOne (NYSE:LPI) - August 24 at 5:50 PM logoUS Crude Oil Rig Count Rose for 8th Straight Week (NYSE:LPI) - August 23 at 10:24 AM logoLaredo Petroleum Reaches Analyst Target Price (NYSE:LPI) - August 20 at 10:08 AM logoLaredo Petroleum Reaches Analyst Target Price - Nasdaq (NYSE:LPI) - August 19 at 8:59 AM
News IconAnalysts Valuations For Two Stocks: Laredo Petroleum (NYSE:LPI ... - The Voice Registrar (NYSE:LPI) - August 12 at 6:06 PM logoLAREDO PETROLEUM, INC. Financials (NYSE:LPI) - August 12 at 6:06 PM
News IconAnalyst Ratings Outlook on Laredo Petroleum Inc (NYSE:LPI) - The Voice Registrar (NYSE:LPI) - August 11 at 9:10 AM logoLaredo Petroleum, Inc. :LPI-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:LPI) - August 8 at 6:14 PM logoETF’s with exposure to Laredo Petroleum, Inc. : August 8, 2016 (NYSE:LPI) - August 8 at 6:14 PM logoLaredo Petroleum's (LPI) CEO Randy Foutch on Q2 2016 - Earnings call Transcript (NYSE:LPI) - August 5 at 9:01 AM logoLAREDO PETROLEUM, INC. Files SEC form 10-Q, Quarterly Report (NYSE:LPI) - August 5 at 9:01 AM logoLaredo Petroleum, Inc. breached its 50 day moving average in a Bullish Manner : LPI-US : August 5, 2016 (NYSE:LPI) - August 5 at 9:01 AM
News IconActive Stocks on Frontline- Vodafone Group (NASDAQ:VOD), Laredo Petroleum (NYSE:LPI), New York (NYSE:NYRT) - Seneca Globe (NYSE:LPI) - August 4 at 6:19 PM logoNotable Analysts Ratings: Cobalt International Energy, Inc. (NYSE:CIE) , Laredo Petroleum, Inc. (NYSE:LPI) - Street Updates (NYSE:LPI) - August 4 at 6:19 PM
News IconWestern Digital Corp (NASDAQ:WDC) & Laredo Petroleum Inc (NYSE:LPI) Movers to Watch - Money News (press release) (NYSE:LPI) - August 4 at 6:19 PM logoTaser, El Pollo Loco, Wingstop Beat; EOG To Ramp Up Drilling (NYSE:LPI) - August 4 at 6:19 PM logoLaredo Petroleum Inc Earnings Call scheduled for 8:30 am ET today (NYSE:LPI) - August 4 at 9:07 AM logoLaredo Petroleum Announces 2016 Second-Quarter Financial and Operating Results (NYSE:LPI) - August 3 at 6:23 PM logoLaredo Petroleum Inc.: Laredo Petroleum Announces 2016 Second-Quarter Financial and Operating Results (NYSE:LPI) - August 3 at 6:23 PM logoLaredo Petroleum reports 2Q loss (NYSE:LPI) - August 3 at 6:23 PM logoLaredo Petroleum Inc Earnings Call (Q2 2016) (NYSE:LPI) - August 3 at 9:18 AM logoQ2 2016 Laredo Petroleum Inc Earnings Release - After Market Close (NYSE:LPI) - August 3 at 9:18 AM logoStocks Under Review: Hess Corporation (HES) Laredo Petroleum, Inc. (LPI) Weyerhaeuser Co. (WY) - iStreetWire (NYSE:LPI) - August 1 at 5:51 PM
News IconNotable Stock Broker Reports on Laredo Petroleum Inc (NYSE:LPI) - The Voice Registrar (NYSE:LPI) - July 29 at 8:57 AM


Laredo Petroleum (NYSE:LPI) Chart for Monday, September, 26, 2016

Last Updated on 9/26/2016 by Staff