NYSE:LPI Laredo Petroleum Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Laredo Petroleum, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $68.89 -0.05 (-0.07%) (As of 07/1/2022 05:43 PM ET) Add Compare Share Today's Range$65.35▼$70.4650-Day Range$55.99▼$116.3252-Week Range$36.25▼$120.86Volume778,091 shsAverage Volume927,406 shsMarket Capitalization$1.19 billionP/E Ratio11.98Dividend YieldN/APrice Target$109.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Laredo Petroleum Stock Forecast (MarketRank)Analyst RatingHold2.33 Rating ScoreUpside/Downside58.9% Upside$109.50 Price TargetShort InterestBearish8.24% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.55Based on 3 Articles This WeekInsider TradingSelling Shares$423.82 K Sold Last QuarterProj. Earnings Growth64.96%From $29.54 to $48.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.33 out of 5 starsOils/Energy Sector48th out of 391 stocksCrude Petroleum & Natural Gas Industry23rd out of 127 stocks 3.2 Analyst's Opinion Consensus RatingLaredo Petroleum has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $109.50, Laredo Petroleum has a forecasted upside of 58.9% from its current price of $68.89.Amount of Analyst CoverageLaredo Petroleum has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.24% of the float of Laredo Petroleum has been sold short.Short Interest Ratio / Days to CoverLaredo Petroleum has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Laredo Petroleum has recently increased by 2.36%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldLaredo Petroleum does not currently pay a dividend.Dividend GrowthLaredo Petroleum does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LPI. Previous Next 2.5 News and Social Media Coverage News SentimentLaredo Petroleum has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Laredo Petroleum this week, compared to 1 article on an average week.Search Interest21 people have searched for LPI on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Laredo Petroleum to their MarketBeat watchlist in the last 30 days. This is a decrease of -62% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Laredo Petroleum insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $423,820.00 in company stock.Percentage Held by InsidersOnly 2.20% of the stock of Laredo Petroleum is held by insiders.Percentage Held by Institutions73.49% of the stock of Laredo Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Laredo Petroleum are expected to grow by 64.96% in the coming year, from $29.54 to $48.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Laredo Petroleum is 11.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 59.78.Price to Earnings Ratio vs. SectorThe P/E ratio of Laredo Petroleum is 11.98, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.45.Price to Book Value per Share RatioLaredo Petroleum has a P/B Ratio of 2.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address About Laredo Petroleum (NYSE:LPI) StockLaredo 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.Read More LPI Stock News HeadlinesJune 30, 2022 | americanbankingnews.comLaredo Petroleum (NYSE:LPI) Shares Gap Up to $76.12June 29, 2022 | americanbankingnews.comLaredo Petroleum (NYSE:LPI) Trading Up 6%June 28, 2022 | finance.yahoo.comLaredo Petroleum Announces Appointment of John Driver and Shihab Kuran to its Board of DirectorsJune 26, 2022 | americanbankingnews.comLaredo Petroleum, Inc. (NYSE:LPI) Receives $109.50 Average PT from BrokeragesJune 15, 2022 | finance.yahoo.comLaredo Petroleum Emerges From a Slow DripJune 14, 2022 | seekingalpha.comLPI Laredo Petroleum, Inc.June 11, 2022 | americanbankingnews.comHead-To-Head Review: Sasol (NYSE:SSL) & Laredo Petroleum (NYSE:LPI)June 10, 2022 | americanbankingnews.comLaredo Petroleum (NYSE:LPI) Reaches New 52-Week High at $120.86June 6, 2022 | finance.yahoo.comLaredo Petroleum, Inc.'s (NYSE:LPI) Intrinsic Value Is Potentially 89% Above Its Share PriceJune 3, 2022 | marketwatch.comLaredo Petroleum Shares Rise 13% After Board Authorizes Share BuybackJune 2, 2022 | seekingalpha.comLaredo Petroleum: Exactly What Is Going On HereMay 31, 2022 | seekingalpha.comLaredo Petroleum OKs $200M stock buyback, sees $900M FCF through end of 2023May 31, 2022 | benzinga.comLaredo Petroleum Whale Trades SpottedMay 22, 2022 | seekingalpha.comLaredo Petroleum: Mr. Market Awaits ProofMay 12, 2022 | seekingalpha.comLaredo Petroleum, Inc. 2022 Q1 - Results - Earnings Call PresentationMay 11, 2022 | markets.businessinsider.comAnalyst Ratings for Laredo PetroleumMay 5, 2022 | seekingalpha.comLaredo Petroleum, Inc. (LPI) CEO Jason Pigott on Q1 2022 Results - Earnings Call TranscriptMay 5, 2022 | finance.yahoo.comLaredo Petroleum (LPI) Q1 2022 Earnings Call TranscriptMay 4, 2022 | seekingalpha.comLaredo Petroleum: Significant Upside Potential As It Pays Down Its DebtMay 4, 2022 | finance.yahoo.comLaredo Petroleum (LPI) Misses Q1 Earnings EstimatesMay 4, 2022 | investing.comLaredo Petroleum Misses Q1 EPS by 94cMay 4, 2022 | finance.yahoo.comLaredo Petroleum Announces First-Quarter 2022 Financial and Operating ResultsMay 3, 2022 | seekingalpha.comLaredo Petroleum Q1 2022 Earnings PreviewMay 3, 2022 | finance.yahoo.comWhat Kind Of Investors Own Most Of Laredo Petroleum, Inc. (NYSE:LPI)?April 27, 2022 | finance.yahoo.comLaredo Petroleum (LPI) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:LPI CUSIP51680610 CIK1528129 Webwww.laredopetro.com Phone(918) 513-4570Fax918-513-4571Employees273Year FoundedN/ACompany Calendar Last Earnings5/04/2022Today7/03/2022Next Earnings (Estimated)8/03/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$109.50 High Stock Price Forecast$120.00 Low Stock Price Forecast$85.00 Forecasted Upside/Downside+58.9%Consensus RatingHold Rating Score (0-4)2.33333333333333 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$5.75 Trailing P/E Ratio11.98 Forward P/E Ratio2.33 P/E GrowthN/ANet Income$145.01 million Net Margins7.97% Pretax Margin8.18% Return on Equity78.66% Return on Assets8.50% Debt Debt-to-Equity Ratio3.36 Current Ratio0.39 Quick Ratio0.39 Sales & Book Value Annual Sales$1.39 billion Price / Sales0.85 Cash Flow$21.26 per share Price / Cash Flow3.24 Book Value$30.10 per share Price / Book2.29Miscellaneous Outstanding Shares17,300,000Free Float16,922,000Market Cap$1.19 billion OptionableOptionable Beta3.55 Laredo Petroleum Frequently Asked Questions Should I buy or sell Laredo Petroleum stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Laredo Petroleum in the last twelve months. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Laredo Petroleum stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LPI, but not buy additional shares or sell existing shares. View analyst ratings for Laredo Petroleum or view top-rated stocks. What is Laredo Petroleum's stock price forecast for 2022? 3 brokers have issued 12-month target prices for Laredo Petroleum's shares. Their LPI stock forecasts range from $85.00 to $120.00. On average, they expect Laredo Petroleum's share price to reach $109.50 in the next year. This suggests a possible upside of 58.9% from the stock's current price. View analysts' price targets for Laredo Petroleum or view top-rated stocks among Wall Street analysts. How has Laredo Petroleum's stock price performed in 2022? Laredo Petroleum's stock was trading at $60.13 at the beginning of the year. Since then, LPI stock has increased by 14.6% and is now trading at $68.89. View the best growth stocks for 2022 here. When is Laredo Petroleum's next earnings date? Laredo Petroleum is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022. View our earnings forecast for Laredo Petroleum. How were Laredo Petroleum's earnings last quarter? Laredo Petroleum, Inc. (NYSE:LPI) released its quarterly earnings data on Wednesday, May, 4th. The oil and gas producer reported $5.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.51 by $1.34. The oil and gas producer had revenue of $532.40 million for the quarter, compared to analysts' expectations of $497.95 million. Laredo Petroleum had a net margin of 7.97% and a trailing twelve-month return on equity of 78.66%. Laredo Petroleum's revenue for the quarter was up 112.8% compared to the same quarter last year. During the same period last year, the firm earned $1.71 earnings per share. View Laredo Petroleum's earnings history. When did Laredo Petroleum's stock split? How did Laredo Petroleum's stock split work? Laredo Petroleum shares reverse split before market open on 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 closing bell on Friday, May 29th 2020. An investor that had 100 shares of Laredo Petroleum stock prior to the reverse split would have 5 shares after the split. Who are Laredo Petroleum's key executives? Laredo Petroleum's management team includes the following people: Mr. Mikell Jason Pigott, Pres, CEO & Director (Age 48, Pay $1.93M)Mr. Bryan J. Lemmerman, Sr. VP & CFO (Age 47, Pay $1.1M)Dr. Tommye Karen Chandler, Sr. VP & COO (Age 52, Pay $1.12M)Mr. Mark David Denny, Sr. VP, Gen. Counsel & Sec. (Age 41, Pay $801.93k)Jessica R. Wren, Interim Principal Accounting OfficerMr. Brandon Brown, VP & CTOMr. Ronald Hagood, VP of Investor RelationsMr. Benjamin C. Klein, VP of Midstream & MarketingMs. Amelia Kim Harding, VP of HR (Age 52)Mr. David S. Ferris, VP & Chief Sustainability Officer What is Randy A. Foutch's approval rating as Laredo Petroleum's CEO? 9 employees have rated Laredo Petroleum CEO Randy A. Foutch on Glassdoor.com. Randy A. Foutch has an approval rating of 78% among Laredo Petroleum's employees. Who are some of Laredo Petroleum's key competitors? Some companies that are related to Laredo Petroleum include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Devon Energy (DVN), Continental Resources (CLR), Diamondback Energy (FANG), Marathon Oil (MRO), EQT (EQT), Southwestern Energy (SWN), Range Resources (RRC), PDC Energy (PDCE), Matador Resources (MTDR), SM Energy (SM), Comstock Resources (CRK) and Kosmos Energy (KOS). View all of LPI's competitors. What other stocks do shareholders of Laredo Petroleum own? Based on aggregate information from My MarketBeat watchlists, some companies that other Laredo Petroleum investors own include Teekay Tankers (TNK), ConocoPhillips (COP), Advanced Micro Devices (AMD), Willamette Valley Vineyards (WVVI), Matador Resources (MTDR), Cara Therapeutics (CARA), Zynerba Pharmaceuticals (ZYNE), Ford Motor (F), Pandora Media (P) and Statoil ASA (STO). What is Laredo Petroleum's stock symbol? Laredo Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "LPI." How do I buy shares of Laredo Petroleum? Shares of LPI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Laredo Petroleum's stock price today? One share of LPI stock can currently be purchased for approximately $68.89. How much money does Laredo Petroleum make? Laredo Petroleum (NYSE:LPI) has a market capitalization of $1.19 billion and generates $1.39 billion in revenue each year. The oil and gas producer earns $145.01 million in net income (profit) each year or $5.75 on an earnings per share basis. How many employees does Laredo Petroleum have? Laredo Petroleum employs 273 workers across the globe. How can I contact Laredo Petroleum? Laredo Petroleum's mailing address is 15 WEST SIXTH STREET SUITE 900, TULSA OK, 74119. The official website for Laredo Petroleum is www.laredopetro.com. The oil and gas producer can be reached via phone at (918) 513-4570, via email at rhagood@laredopetro.com, or via fax at 918-513-4571. This page (NYSE:LPI) was last updated on 7/3/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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