NYSE:LPILaredo Petroleum Stock Price, Forecast & News Adding Choose a 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. Log In and Add $13.72 +0.13 (+0.96 %) (As of 07/2/2020 02:11 PM ET) Add Compare Share Today's Range$13.36Now: $13.72▼$14.2150-Day Range$0.85MA: $16.63▼$28.7452-Week Range$6.60Now: $13.72▼$68.50Volume17,320 shsAverage Volume898,034 shsMarket Capitalization$164.23 millionP/E RatioN/ADividend YieldN/ABeta4.21 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 also provides midstream and marketing services comprising transportation and marketing of oil and natural gas; and natural gas lift systems, crude oil and natural gas gathering, and water delivery and takeaway services. As of December 31, 2018, it had assembled 120,617 net acres in the Permian Basin; and had total proved reserves of 238,167 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 founded in 2006 and is headquartered in Tulsa, Oklahoma.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingLaredo Petroleum has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 4 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $49.95, Laredo Petroleum has a potential upside of 265.9% from its current price of $13.65.Amount of Analyst CoverageLaredo Petroleum has only been the subject of 4 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesLaredo Petroleum has received 560 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLaredo Petroleum has received 784 “underperform” votes. (Add your “underperform” vote.)Community SentimentLaredo Petroleum has received 58.33% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Laredo Petroleum and other stocks. Vote “Outperform” if you believe LPI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LPI will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Laredo Petroleum insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.20% of the stock of Laredo Petroleum is held by insiders.Percentage Held by Institutions84.01% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Laredo Petroleum are expected to decrease in the coming year, from $7.65 to ($2.92) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Laredo Petroleum is -1.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Laredo Petroleum is -1.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioLaredo Petroleum has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.38 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:LPI Previous Symbol CUSIP51680610 CIK1528129 Webwww.laredopetro.com Phone918-513-4570Debt Debt-to-Equity Ratio1.18 Current Ratio2.30 Quick Ratio2.30Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio1.79 P/E GrowthN/A Sales & Book Value Annual Sales$837.28 million Price / Sales0.20 Cash Flow$38.11 per share Price / Cash Flow0.36 Book Value$71.00 per share Price / Book0.19Profitability EPS (Most Recent Fiscal Year)$14.80 Net Income$-342,460,000.00 Net Margins-11.74% Return on Equity15.20% Return on Assets6.77%Miscellaneous Employees340 Outstanding Shares11,970,000Market Cap$164.23 million Next Earnings Date8/5/2020 (Confirmed) OptionableOptionable LPI Rates by TradingView Receive LPI News and Ratings via Email Sign-up to receive the latest news and ratings for LPI and its competitors with MarketBeat's FREE daily newsletter. Laredo Petroleum (NYSE:LPI) Frequently Asked Questions How has Laredo Petroleum's stock been impacted by COVID-19 (Coronavirus)? Laredo Petroleum's stock was trading at $11.4020 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LPI stock has increased by 19.7% and is now trading at $13.65. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Laredo Petroleum? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Laredo Petroleum in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Laredo Petroleum. When is Laredo Petroleum's next earnings date? Laredo Petroleum is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Laredo Petroleum. How can I listen to Laredo Petroleum's earnings call? Laredo Petroleum will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Laredo Petroleum's earnings last quarter? Laredo Petroleum Inc (NYSE:LPI) announced its quarterly earnings data on Wednesday, May, 6th. The oil and gas producer reported $1.80 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $2.00 by $0.20. The oil and gas producer earned $204.99 million during the quarter, compared to the consensus estimate of $184.46 million. Laredo Petroleum had a positive return on equity of 15.20% and a negative net margin of 11.74%. 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 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 market closes 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. What price target have analysts set for LPI? 10 brokers have issued 1 year price targets for Laredo Petroleum's shares. Their forecasts range from $14.00 to $112.00. On average, they anticipate Laredo Petroleum's share price to reach $49.95 in the next year. This suggests a possible upside of 265.9% from the stock's current price. View analysts' price targets for Laredo Petroleum. Has Laredo Petroleum been receiving favorable news coverage? News articles about LPI stock have been trending very negative on Thursday, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Laredo Petroleum earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news coverage about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Laredo Petroleum. 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), Concho Resources (CXO), Cabot Oil & Gas (COG), Continental Resources (CLR), Diamondback Energy (FANG), Apache (APA), Marathon Oil (MRO), Noble Energy (NBL), Devon Energy (DVN), WPX Energy (WPX), EQT (EQT), Cimarex Energy (XEC) and Range Resources (RRC). View all 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), Zynerba Pharmaceuticals (ZYNE), Cara Therapeutics (CARA), Matador Resources (MTDR), Ford Motor (F), Pandora Media (P) and Statoil (STO). Who are Laredo Petroleum's key executives? Laredo Petroleum's management team includes the following people: Mr. Randy A. Foutch, Founder, Chairman & CEO (Age 67)Dr. Tommye Karen Chandler, Sr. VP & COO (Age 48)Mr. Michael T. Beyer, Sr. VP & CFO (Age 43)Mr. Ronald L. Hagood, VP of Investor RelationsMr. Mark David Denny, Sr. VP, Gen. Counsel & Sec. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Laredo Petroleum's stock price today? One share of LPI stock can currently be purchased for approximately $13.65. How big of a company is Laredo Petroleum? Laredo Petroleum has a market capitalization of $163.39 million and generates $837.28 million in revenue each year. The oil and gas producer earns $-342,460,000.00 in net income (profit) each year or $14.80 on an earnings per share basis. Laredo Petroleum employs 340 workers across the globe. What is Laredo Petroleum's official website? The official website for Laredo Petroleum is www.laredopetro.com. How can I contact Laredo Petroleum? Laredo Petroleum's mailing address is 15 WEST SIXTH STREET SUITE 900, TULSA OK, 74119. The oil and gas producer can be reached via phone at 918-513-4570 or via email at [email protected] This page was last updated on 7/2/2020 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 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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