S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
An All-In-One Guide for Trading Metals (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
UK's Truss sticks by economic plan as her party worries
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
An All-In-One Guide for Trading Metals (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
UK's Truss sticks by economic plan as her party worries
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
An All-In-One Guide for Trading Metals (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
UK's Truss sticks by economic plan as her party worries
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
An All-In-One Guide for Trading Metals (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
UK's Truss sticks by economic plan as her party worries
NYSE:LPI

Laredo Petroleum - LPI Stock Forecast, Price & News

$62.85
-0.26 (-0.41%)
(As of 09/30/2022 09:01 PM ET)
Add
Compare
Today's Range
$61.04
$64.60
50-Day Range
$53.08
$88.67
52-Week Range
$51.22
$120.86
Volume
619,100 shs
Average Volume
822,928 shs
Market Capitalization
$1.09 billion
P/E Ratio
1.99
Dividend Yield
N/A
Price Target
$115.00

Laredo Petroleum MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
83.0% Upside
$115.00 Price Target
Short Interest
Bearish
12.76% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.08mentions of Laredo Petroleum in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$995,921 Sold Last Quarter
Proj. Earnings Growth
75.16%
From $25.81 to $45.21 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Oils/Energy Sector

99th out of 258 stocks

Crude Petroleum & Natural Gas Industry

43rd out of 82 stocks

LPI stock logo

About Laredo Petroleum (NYSE:LPI) Stock

Laredo 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.

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.

LPI Stock News Headlines

Laredo Petroleum Whale Trades For September 28
Reviewing Laredo Petroleum (NYSE:LPI) & Antero Resources (NYSE:AR)
Laredo Petroleum, Inc. (LPI)
Where Laredo Petroleum Stands With Analysts
See More Headlines
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.

LPI Company Calendar

Last Earnings
11/02/2021
Today
10/02/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
51680610
Employees
273
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$115.00
High Stock Price Forecast
$125.00
Low Stock Price Forecast
$95.00
Forecasted Upside/Downside
+83.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$145.01 million
Pretax Margin
27.85%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Cash Flow
$21.16 per share
Book Value
$30.10 per share

Miscellaneous

Free Float
16,922,000
Market Cap
$1.09 billion
Optionable
Optionable
Beta
3.52

Key Executives

  • Mr. Mikell Jason Pigott (Age 48)
    Pres, CEO & Director
    Comp: $1.93M
  • Mr. Bryan J. Lemmerman (Age 47)
    Sr. VP & CFO
    Comp: $1.1M
  • Mr. Mark David Denny (Age 41)
    Sr. VP, Gen. Counsel & Sec.
    Comp: $801.93k
  • Jessica R. Wren
    Interim Principal Accounting Officer
  • Mr. Brandon Brown
    VP & CTO
  • Mr. Ronald Hagood
    VP of Investor Relations
  • Mr. Benjamin C. Klein
    VP of Midstream & Marketing
  • Ms. Amelia Kim Harding (Age 52)
    VP of HR
  • Mr. David S. Ferris
    VP & Chief Sustainability Officer
  • Mr. Kyle Coldiron
    VP of Devel. & Production













LPI Stock - Frequently Asked Questions

Should I buy or sell Laredo Petroleum stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Laredo Petroleum in the last twelve months. There are currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LPI shares.
View LPI analyst ratings
or view top-rated stocks.

What is Laredo Petroleum's stock price forecast for 2022?

4 Wall Street research analysts have issued 12 month target prices for Laredo Petroleum's shares. Their LPI share price forecasts range from $95.00 to $125.00. On average, they anticipate the company's stock price to reach $115.00 in the next twelve months. This suggests a possible upside of 83.0% from the stock's current price.
View analysts price targets for LPI
or view top-rated stocks among Wall Street analysts.

How have LPI shares performed in 2022?

Laredo Petroleum's stock was trading at $60.13 at the beginning of 2022. Since then, LPI shares have increased by 4.5% and is now trading at $62.85.
View the best growth stocks for 2022 here
.

Are investors shorting Laredo Petroleum?

Laredo Petroleum saw a increase in short interest in August. As of August 31st, there was short interest totaling 1,900,000 shares, an increase of 11.1% from the August 15th total of 1,710,000 shares. Based on an average daily trading volume, of 771,100 shares, the days-to-cover ratio is presently 2.5 days. Approximately 11.9% of the shares of the stock are sold short.
View Laredo Petroleum's Short Interest
.

When is Laredo Petroleum's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our LPI earnings forecast
.

How were Laredo Petroleum's earnings last quarter?

Laredo Petroleum, Inc. (NYSE:LPI) announced its earnings results on Tuesday, November, 2nd. The oil and gas producer reported $1.84 EPS for the quarter, missing the consensus estimate of $2.90 by $1.06. The oil and gas producer earned $379.25 million during the quarter, compared to analysts' expectations of $261.71 million. Laredo Petroleum had a trailing twelve-month return on equity of 65.73% and a net margin of 27.23%. During the same quarter last year, the company earned $4.02 earnings per share.

When did Laredo Petroleum's stock split?

Shares of Laredo Petroleum reverse split 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 stock prior to the reverse split would have 5 shares after the split.

What is Randy A. Foutch's approval rating as Laredo Petroleum's CEO?

9 employees have rated Laredo Petroleum Chief Executive Officer Randy A. Foutch on Glassdoor.com. Randy A. Foutch has an approval rating of 78% among the company's employees.

What other stocks do shareholders of Laredo Petroleum own?
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 stock 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 $62.85.

How much money does Laredo Petroleum make?

Laredo Petroleum (NYSE:LPI) has a market capitalization of $1.09 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 $31.63 on an earnings per share basis.

How many employees does Laredo Petroleum have?

The company 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 the company 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 10/3/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.