About Laredo Petroleum
Laredo 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
- Previous Close: $14.12
- 50 Day Moving Average: $14.03
- 200 Day Moving Average: $13.10
- 52-Week Range: $238,051,000.00 - $3.90
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 19.61
- P/E Growth: 0.92
- Market Cap: $3.36B
- Outstanding Shares: 238,051,000
- Beta: 1.47
- Net Margins: -225.04%
- Return on Equity: 123.07%
- Return on Assets: 5.09%
Companies Related to Laredo Petroleum:
- Debt-to-Equity Ratio: 7.23%
- Current Ratio: 1.19%
- Quick Ratio: 1.19%
What is Laredo Petroleum's stock symbol?
Laredo Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "LPI."
Where is Laredo Petroleum's stock going? Where will Laredo Petroleum's stock price be in 2017?
22 brokers have issued 12 month price targets for Laredo Petroleum's stock. Their predictions range from $5.00 to $18.75. On average, they anticipate Laredo Petroleum's stock price to reach $13.46 in the next year.
When will Laredo Petroleum announce their earnings?
Laredo Petroleum is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.
What are analysts saying about Laredo Petroleum stock?
Here are some recent quotes from research analysts about Laredo Petroleum stock:
- KLR Group analysts commented, "We are increasing our LPI target price $1 to $18 per share due to approximately 1% higher oil composition and slightly higher liquids price realizations. Our '17 production growth expectation approximates guide (~15%). Laredo's mid-cycle capital yield of approximately 165% is solidly above the industry median cash recycle ratio of ~140%." (2/16/2017)
According to Zacks Investment Research, "Laredo Petroleum Holdings, Inc. is engaged in the exploration, development and acquisition of oil and natural gas properties in the Permian and Mid-Continent regions of the United States. Laredo Petroleum Holdings, Inc. is headquartered in Tulsa, Oklahoma. " (2/8/2017)
Who owns Laredo Petroleum stock?
Laredo Petroleum's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Warburg Pincus LLC (36.83%), SailingStone Capital Partners LLC (12.43%), Van ECK Associates Corp (3.68%), State Street Corp (2.10%), WS Management Lllp (1.02%) and Impala Asset Management LLC (0.51%). Company insiders that own Laredo Petroleum stock include Patrick J Curth, Pincus Private Equity Warburg, Randy A Foutch and Richard C Buterbaugh.
Who sold Laredo Petroleum stock? Who is selling Laredo Petroleum stock?
Laredo Petroleum's stock was sold by a variety of institutional investors in the last quarter, including WS Management Lllp, SailingStone Capital Partners LLC, AQR Capital Management LLC, Van ECK Associates Corp, Marshall Wace LLP, Allianz Asset Management AG, Oceanic Investment Management LTD and GRT Capital Partners L.L.C..
Who bought Laredo Petroleum stock? Who is buying Laredo Petroleum stock?
Laredo Petroleum's stock was bought by a variety of institutional investors in the last quarter, including Impala Asset Management LLC, Renaissance Technologies LLC, Amtrust Financial Services Inc., Cpcm LLC, Dimensional Fund Advisors LP, A.R.T. Advisors LLC, Oxford Asset Management and State Street Corp. Company insiders that have bought Laredo Petroleum stock in the last two years include Pincus Private Equity Warburg, Randy A Foutch and Richard C Buterbaugh.
How do I buy Laredo Petroleum stock?
Shares of Laredo Petroleum can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Laredo Petroleum stock cost?
One share of Laredo Petroleum stock can currently be purchased for approximately $14.12.