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: $12.61
  • 50 Day Moving Average: $11.01
  • 200 Day Moving Average: $9.89
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 36.03
  • P/E Growth: 1.04
  • Market Cap: $2.81B
  • Outstanding Shares: 223,035,000
  • Beta: 1.36
Additional Links:
Companies Related to Laredo Petroleum:

Analyst Ratings

Consensus Ratings for Laredo Petroleum (NYSE:LPI) (?)
Ratings Breakdown: 3 Sell Ratings, 9 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $11.36 (9.90% downside)

Analysts' Ratings History for Laredo Petroleum (NYSE:LPI)
DateFirmActionRatingPrice TargetDetails
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
3/31/2016Seaport Global SecuritiesDowngradeNeutral -> Sell$5.00View Rating Details
3/30/2016Citigroup Inc.DowngradeSell$5.00View Rating Details
3/14/2016KLR GroupDowngradeAccumulate -> Hold$7.00View Rating Details
2/18/2016Raymond James Financial Inc.Lower Price Target$10.00 -> $8.00View 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 8/28/2014 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: $0.46 EPS
Next Year EPS Consensus Estimate: $0.35 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20168($0.01)$0.07$0.04
Q2 20165$0.11$0.11$0.11
Q3 20165$0.12$0.14$0.13
Q4 20165$0.12$0.15$0.13
Q1 20174$0.05$0.10$0.08
Q2 20174$0.06$0.11$0.08
Q3 20174$0.07$0.12$0.10
Q4 20174$0.08$0.15$0.10
Q1 20181$0.16$0.16$0.16
Q2 20181$0.17$0.17$0.17
(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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 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
News IconEarnings Estimates & Analyst Opinion on Laredo Petroleum Inc (NYSE:LPI) - The Voice Registrar (NYSE:LPI) - July 27 at 8:56 AM logo3 Things to Watch When Vanguard Natural Resources, LLC Reports (NYSE:LPI) - July 25 at 10:00 AM logoAnalyst Ratings Worth Mentioning Today: TCF Financial Corporation (NYSE:TCB), Laredo Petroleum Inc (NYSE:LPI) - Review Fortune (NYSE:LPI) - July 23 at 9:57 AM logoStocks on Trader's Radar: Laredo Petroleum (LPI), Exelon (EXC), Sarepta Therapeutics (SRPT) - iStreetWire (NYSE:LPI) - July 22 at 8:58 AM logoNew Broker Ratings For Laredo Petroleum, Inc. (NYSE:LPI) - FTSE News (NYSE:LPI) - July 22 at 8:58 AM
News IconLaredo Petroleum, Inc. (NYSE:LPI): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:LPI) - July 22 at 8:58 AM logoBroker Outlook For Laredo Petroleum, Inc. (NYSE:LPI) - Fiscal Standard (NYSE:LPI) - July 22 at 8:58 AM
News IconUnited Continental Holdings (NYSE:UAL) & Laredo Petroleum Inc (NYSE:LPI) Stock's Buzzers - Money News (press release) (NYSE:LPI) - July 22 at 8:58 AM logoLaredo Petroleum, Inc. (NYSE:LPI): Updated Analyst Ratings - Review Fortune (NYSE:LPI) - July 22 at 8:58 AM logoLAREDO PETROLEUM, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, F (NYSE:LPI) - July 20 at 4:37 PM logo4:32 pm Laredo Petroleum expects to report a loss on derivatives of ~$68.5 million, including ~$45.0 million net cash received on settlements of matured derivatives, net of deferred premiums paid (NYSE:LPI) - July 20 at 4:32 PM logoLaredo Petroleum Schedules Second-Quarter 2016 Earnings Conference Call for August 4 and Provides Commodity Derivatives Update (NYSE:LPI) - July 20 at 4:30 PM logoMomentum Stocks in Focus: Plug Power Inc. (PLUG) Laredo Petroleum, Inc. (LPI) CBRE Group, Inc. (CBG) - iStreetWire (NYSE:LPI) - July 19 at 12:04 PM
News IconLaredo Petroleum, Inc. (NYSE:LPI) Wall Street Analyst Recommendation Outlook - TGP (NYSE:LPI) - July 18 at 6:08 PM
News IconTrading Performance and Target Watch for Laredo Petroleum, Inc. (NYSE:LPI) - Press Telegraph (NYSE:LPI) - July 18 at 6:08 PM logoLAREDO PETROLEUM, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure, Fina (NYSE:LPI) - July 18 at 5:04 PM
News IconLaredo Petroleum acquires bolt-on Midland Basin acreage at USD 125 million (NYSE:LPI) - July 18 at 11:18 AM
News IconShares Moving Down on the Week: Laredo Petroleum, Inc. (NYSE:LPI) - Engelwood Daily (NYSE:LPI) - July 17 at 5:29 PM
News IconShare Performance Summary for: Laredo Petroleum, Inc. (NYSE:LPI) - Press Telegraph (NYSE:LPI) - July 17 at 5:29 PM logoLaredo Petroleum Inc. (LPI) is Trading Lower on Unusual Volume for July 14 - (NYSE:LPI) - July 17 at 5:29 PM


Laredo Petroleum (NYSE:LPI) Chart for Sunday, August, 28, 2016

Last Updated on 8/28/2016 by Staff