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Laredo Petroleum Stock Forecast, Price & News

-0.33 (-3.65 %)
(As of 10/19/2020 12:00 AM ET)
Today's Range
Now: $8.72
50-Day Range
MA: $11.01
52-Week Range
Now: $8.72
Volume378,756 shs
Average Volume434,421 shs
Market Capitalization$104.61 million
P/E RatioN/A
Dividend YieldN/A
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 engages in midstream and marketing infrastructure activities, including transportation and marketing of oil and natural gas, and handling of fresh, recycled, and produced water, as well as operates natural gas lift facilities. As of December 31, 2019, it had assembled 133,512 net acres in the Permian Basin; and had total proved reserves of 293,377 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.
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Laredo Petroleum logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.51 out of 5 stars

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production



Sales & Book Value

Annual Sales$837.28 million
Cash Flow$34.88 per share
Book Value$71.00 per share


Net Income$-342,460,000.00
Net Margins-112.30%


Market Cap$104.61 million
Next Earnings Date11/4/2020 (Confirmed)
-0.33 (-3.65 %)
(As of 10/19/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Laredo Petroleum (NYSE:LPI) Frequently Asked Questions

How has Laredo Petroleum's stock price been impacted by Coronavirus?

Laredo Petroleum's stock was trading at $11.4020 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LPI stock has decreased by 23.5% and is now trading at $8.72.
View which stocks have been most impacted by COVID-19

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 2 sell ratings, 2 hold ratings and 6 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, November 4th 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, November 4th 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) posted its earnings results on Wednesday, August, 5th. The oil and gas producer reported $2.43 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.52 by $0.91. The oil and gas producer earned $110.59 million during the quarter, compared to analyst estimates of $184.59 million. Laredo Petroleum had a negative net margin of 112.30% and a positive return on equity of 17.17%.
View Laredo Petroleum's earnings history

When did Laredo Petroleum's stock split? How did Laredo Petroleum's stock split work?

Laredo Petroleum's stock reverse split on the morning of 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 Wall Street analysts have issued 1 year target prices for Laredo Petroleum's stock. Their forecasts range from $14.00 to $112.00. On average, they anticipate Laredo Petroleum's share price to reach $40.20 in the next year. This suggests a possible upside of 361.0% from the stock's current price.
View analysts' price targets for Laredo Petroleum

Are investors shorting Laredo Petroleum?

Laredo Petroleum saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,020,000 shares, an increase of 15.9% from the August 31st total of 880,300 shares. Based on an average trading volume of 470,200 shares, the short-interest ratio is currently 2.2 days. Approximately 11.4% of the shares of the stock are short sold.
View Laredo Petroleum's Short Interest

Who are some of Laredo Petroleum's key 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 (STO).

Who are Laredo Petroleum's key executives?

Laredo Petroleum's management team includes the following people:
  • Mr. Mikell J. Pigott, Pres, CEO & Director (Age 46, Pay $2.67M)
  • Mr. Randy A. Foutch, Founder (Age 68, Pay $8.01M)
  • Dr. Tommye Karen Chandler, Sr. VP & COO (Age 49, Pay $922.52k)
  • Mr. Mark David Denny, Sr. VP, Gen. Counsel & Sec.
  • Mr. Bryan J. Lemmerman, Sr. VP & CFO (Age 45)

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 $8.72.

How big of a company is Laredo Petroleum?

Laredo Petroleum has a market capitalization of $104.61 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 280 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 10/20/2020 by MarketBeat.com Staff

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