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NYSE:LPI

Laredo Petroleum - LPI Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Add
Compare
Today's Range
N/A
50-Day Range
$47.55
$68.94
52-Week Range
N/A
Volume
678,100 shs
Average Volume
672,250 shs
Market Capitalization
$808.59 million
P/E Ratio
1.11
Dividend Yield
N/A
Price Target
$82.25

Laredo Petroleum MarketRank™ Forecast

Analyst Rating
Hold
1.60 Rating Score
Upside/​Downside
∞ Upside
$76.80 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$189,000 Sold Last Quarter
Proj. Earnings Growth
41.56%
From $21.99 to $31.13 Per Share

Overall MarketRank

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

2.28 out of 5 stars

Oils/Energy Sector

127th out of 243 stocks

Crude Petroleum & Natural Gas Industry

52nd out of 78 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.

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LPI Stock News Headlines

Laredo Petroleum: Howard County Issues And Benefits
Check Out This 6-Year Win Streak
Despite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. pixel
Selling Puts On Laredo Petroleum
What 6 Analyst Ratings Have To Say About Laredo Petroleum
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Laredo Petroleum: Cash Flow Is Now King
5 Analysts Have This to Say About Laredo Petroleum
Expert Ratings for Laredo Petroleum
Laredo Petroleum slips as planned capex tops estimates
Laredo Petroleum: Let Us Talk Hedging
Grab 10% Yield With Laredo Petroleum Bonds
Check Out What Whales Are Doing With LPI
Laredo Petroleum Whale Trades For September 28
See More Headlines
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LPI Company Calendar

Last Earnings
11/02/2021
Today
3/20/2023
Fiscal Year End
12/31/2023

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
$76.80
High Stock Price Forecast
$125.00
Low Stock Price Forecast
$55.00
Consensus Rating
Hold
Rating Score (0-4)
1.60
Research Coverage
5 Analysts

Profitability

Net Income
$145.01 million
Pretax Margin
36.27%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Book Value
$30.10 per share

Miscellaneous

Free Float
16,444,000
Market Cap
$808.59 million
Optionable
Optionable
Beta
3.31

Key Executives

  • Mr. Mikell Jason Pigott (Age 49)
    Pres, CEO & Director
    Comp: $1.93M
  • Mr. Bryan J. Lemmerman (Age 48)
    Sr. VP & CFO
    Comp: $1.1M
  • Mr. Mark David Denny (Age 42)
    Sr. VP, Gen. Counsel & Sec.
    Comp: $801.93k
  • Ms. Katie Hill
    VP of Operations
  • 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 53)
    VP of HR
  • Mr. David S. Ferris
    VP & Chief Sustainability Officer













LPI Stock - Frequently Asked Questions

Should I buy or sell Laredo Petroleum stock right now?

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

What is Laredo Petroleum's stock price forecast for 2023?

5 equities research analysts have issued 12-month price targets for Laredo Petroleum's shares. Their LPI share price forecasts range from $55.00 to $125.00. On average, they anticipate the company's stock price to reach $76.80 in the next year.
View analysts price targets for LPI
or view top-rated stocks among Wall Street analysts.

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 earnings per share for the quarter, missing the consensus estimate of $2.90 by $1.06. The oil and gas producer had revenue of $379.25 million for the quarter, compared to the consensus estimate of $261.71 million. Laredo Petroleum had a trailing twelve-month return on equity of 55.37% and a net margin of 35.99%. During the same quarter in the prior year, the company earned $4.02 earnings per share.

When did Laredo Petroleum's stock split?

Laredo Petroleum's stock 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 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."

Who are Laredo Petroleum's major shareholders?

Laredo Petroleum's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Susquehanna International Group LLP (0.00%), Jane Street Group LLC (0.00%), Parallax Volatility Advisers L.P. (0.00%), Simplex Trading LLC (0.00%), Nordea Investment Management AB (0.27%) and Group One Trading L.P. (0.00%). Insiders that own company stock include Bryan Lemmerman, Encap Energy Capital Fund Ix,, James R Levy, Jessica R Wren, M Jason Pigott, Mark David Denny, Pincus Private Equity Warburg, Tommye Karen Chandler and Warburg Pincus Llc.
View institutional ownership trends
.

How much money does Laredo Petroleum make?

Laredo Petroleum (NYSE:LPI) has a market capitalization of $0.00 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 $43.15 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 3/20/2023 by MarketBeat.com Staff