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: $12.90
  • 50 Day Moving Average: $12.62
  • 200 Day Moving Average: $11.61
  • 52-Week Range: $3.90 - $13.93
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 33.08
  • P/E Growth: 1.08
  • Market Cap: $2.88B
  • Outstanding Shares: 223,035,000
  • Beta: 1.29
  • 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: 2 Sell Ratings, 11 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $12.50 (3.10% downside)

Analysts' Ratings History for Laredo Petroleum (NYSE:LPI)
DateFirmActionRatingPrice TargetDetails
10/13/2016Credit Suisse Group AGDowngradeNeutral -> Underperform$9.00View Rating Details
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
8/7/2015Northland 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 10/27/2014 forward)


Earnings History for Laredo Petroleum (NYSE:LPI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016ListenView Earnings Details
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: $0.39 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$0.12$0.17$0.14
Q4 20167$0.12$0.17$0.14
Q1 20175$0.07$0.10$0.09
Q2 20175$0.07$0.11$0.09
Q3 20175$0.08$0.12$0.10
Q4 20175$0.08$0.15$0.11
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 IconShares Dipping Down Pre-Bell: Laredo Petroleum, Inc. (NYSE:LPI) - CSZ News (NYSE:LPI) - October 27 at 6:03 PM
News IconNews Review - Boston Scientific Corporation, (NYSE:BSX), Laredo Petroleum, (NYSE:LPI) - Money News (NYSE:LPI) - October 27 at 10:49 AM
News IconBasic Materials Worth Chasing: Murphy Oil Corporation (MUR), Laredo Petroleum, Inc. (LPI) - The Independent Republic (NYSE:LPI) - October 27 at 10:49 AM
News IconLaredo Petroleum Inc. (LPI) Position Maintained by Roanoke Asset Management Corp NY - DailyQuint (NYSE:LPI) - October 27 at 10:49 AM
News IconTraders Alert: Akamai Technologies, Inc. (NASDAQ:AKAM), Laredo Petroleum, Inc. (NYSE:LPI) - The Newburgh Press (NYSE:LPI) - October 26 at 9:21 AM
News IconPay Close Attention To These Analyst Ratings: Laredo Petroleum, Inc. (NYSE:LPI), Sprouts Farmers Market, Inc ... - The Voice Registrar (NYSE:LPI) - October 26 at 9:21 AM
News IconWorth Watching Stocks Under Consideration: Laredo Petroleum Inc ... - NYSE Journal (press release) (NYSE:LPI) - October 25 at 11:02 AM
News IconHistory of Laredo Petroleum, Inc. (NYSE:LPI) stock price after earnings - The Independent Republic (NYSE:LPI) - October 25 at 11:02 AM
News IconLaredo Petroleum, Inc. (NYSE:LPI) EPS Analysis - The Newburgh Press (NYSE:LPI) - October 20 at 11:42 AM
News IconLaredo Petroleum, Inc.'s (LPI): Trader's Focus - Hot Stocks Point (NYSE:LPI) - October 20 at 11:42 AM
News IconCommit To Buy Laredo Petroleum At $7, Earn 12.9% Using Options (NYSE:LPI) - October 17 at 5:54 PM
News IconUpdate on Laredo Petroleum, Inc. (NYSE:LPI) for the day (NYSE:LPI) - October 16 at 10:26 AM logoLaredo Petroleum, Inc. (NYSE:LPI) Files An 8-K - Market Exclusive (NYSE:LPI) - October 15 at 5:40 PM
News Icon2 Stocks Attracting Analyst Attention: Great Plains Energy ... - The Voice Registrar (NYSE:LPI) - October 14 at 5:50 PM
News IconStocks Alert - Kinross Gold Corporation, (NYSE:KGC), Laredo Petroleum, (NYSE:LPI) - Money News (NYSE:LPI) - October 14 at 5:50 PM
News IconBasic Materials Stocks To Look Out For: Laredo Petroleum, Inc. (LPI), Energy Transfer Partners, L.P. (ETP) - The Independent Republic (NYSE:LPI) - October 14 at 5:50 PM
News IconInvestor's Watch List: Morgan Stanley (NYSE:MS), Laredo Petroleum ... - NYSE Journal (press release) (NYSE:LPI) - October 14 at 5:50 PM logoInvestor's Alert: Coca-Cola European Partners Plc (CCE), Laredo Petroleum, Inc. (LPI), Starz (STRZA) - iStreetWire (NYSE:LPI) - October 13 at 9:32 AM
News IconStock Cascading Downward Before Open: Laredo Petroleum, Inc. (NYSE:LPI) - CSZ News (NYSE:LPI) - October 13 at 9:32 AM
News IconWorth Observing Stocks: Telefonica Brasil S.A. (NYSE:VIV), Laredo Petroleum, Inc. (NYSE:LPI) - The Newburgh Press (NYSE:LPI) - October 13 at 9:32 AM logo4:33 pm Laredo Petroleum updates hedge positions (NYSE:LPI) - October 12 at 5:57 PM logoLAREDO PETROLEUM, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, F (NYSE:LPI) - October 12 at 5:57 PM logoLaredo Petroleum Schedules Third-Quarter 2016 Earnings Conference Call for November 3 and Provides Commodity Derivatives Update (NYSE:LPI) - October 12 at 5:57 PM logoWill Rising Crude Oil Rigs Impact US Crude Oil Production? (NYSE:LPI) - October 11 at 6:14 PM
News IconNews Recap - Sarepta Therapeutics, (NASDAQ:SRPT), Laredo Petroleum, (NYSE:LPI) - Money News (NYSE:LPI) - October 10 at 5:41 PM logoTrader's Buzzers: Platform Specialty Products Corporation (PAH), Laredo Petroleum, Inc. (LPI), McDonald's Corp. (MCD) - iStreetWire (NYSE:LPI) - October 10 at 5:40 PM logoETF’s with exposure to Laredo Petroleum, Inc. : October 10, 2016 (NYSE:LPI) - October 10 at 10:39 AM
News IconBreakout Session Alert as Shares Pop BMO: Laredo Petroleum, Inc. (NYSE:LPI) (NYSE:LPI) - October 9 at 10:18 AM
News IconLaredo Petroleum, Inc. (NYSE:LPI) shows Price to Sale ratio of 6.17 (NYSE:LPI) - October 8 at 10:29 AM logo3 Reasons Why Laredo Petroleum (LPI) is a Great Momentum Stock (NYSE:LPI) - October 7 at 5:47 PM logoStocks News Update Kinder Morgan Inc (NYSE:KMI), Laredo Petroleum Inc (NYSE:LPI) - Wall Street 24 (NYSE:LPI) - October 6 at 5:50 PM logoCan The Uptrend Continue for Laredo Petroleum (LPI)? (NYSE:LPI) - October 6 at 5:50 PM logoBRIEF-LPI Capital Bhd says qtrly revenue of 363.5 million rgt versus 349.5 million rgt (NYSE:LPI) - October 6 at 11:27 AM
News IconAre Laredo Petroleum, Inc. (NYSE:LPI) Shares Headed Higher? - Recall News (NYSE:LPI) - October 5 at 9:13 AM
News IconLaredo Petroleum, Inc. (NYSE:LPI) added about 23.2 percent in value since last earnings - The Independent Republic (NYSE:LPI) - October 4 at 4:02 PM
News IconActive Stocks in the News Laredo Petroleum Inc (NYSE:LPI), Huntsman Corporation (NYSE:HUN) - Investors News (NYSE:LPI) - October 4 at 4:02 PM
News IconTop Earnings to Watch for: Laredo Petroleum, Inc. (NYSE:LPI) - The Voice Registrar (NYSE:LPI) - October 4 at 4:02 PM logoWorth Watching Stocks: Laredo Petroleum, Inc. (LPI), Square, Inc ... - iStreetWire (NYSE:LPI) - October 3 at 10:34 AM
News IconLaredo Petroleum, Inc. (NYSE:LPI) Analytical Report - Newburgh Press (NYSE:LPI) - October 1 at 5:21 PM
News IconBasic Materials Stocks To Look Out For: Occidental Petroleum Corporation (OXY), Laredo Petroleum, Inc. (LPI) - The Independent Republic (NYSE:LPI) - September 29 at 11:02 AM
News Icon2 Stocks Analyst-Opinion Need Close Attention Laredo Petroleum Inc (NYSE:LPI), Genworth Financial Inc (NYSE:GNW) - The Voice Registrar (NYSE:LPI) - September 29 at 11:02 AM logoLaredo Petroleum, Inc. breached its 50 day moving average in a Bullish Manner : LPI-US : September 29, 2016 (NYSE:LPI) - September 29 at 11:02 AM
News IconTwo Basic Materials Stocks Are Hot: Valero Energy Corporation (VLO), Laredo Petroleum, Inc. (LPI) - The Independent Republic (NYSE:LPI) - September 28 at 10:53 AM
News IconReally worthy Stock of Yesterday- Laredo Petroleum, Inc. (NYSE:LPI) - Hot Stocks Point (NYSE:LPI) - September 27 at 10:35 AM
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


Laredo Petroleum (NYSE:LPI) Chart for Thursday, October, 27, 2016

Last Updated on 10/27/2016 by Staff