Log in

NYSE:LPI - Laredo Petroleum Stock Price, Forecast & News

$1.45
-0.07 (-4.61 %)
(As of 02/23/2020 02:49 PM ET)
Today's Range
$1.43
Now: $1.45
$1.52
50-Day Range
$1.45
MA: $2.05
$3.00
52-Week Range
$1.39
Now: $1.45
$3.75
Volume2.85 million shs
Average Volume5.82 million shs
Market Capitalization$343.95 million
P/E RatioN/A
Dividend YieldN/A
Beta1.86
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. Read More…

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP51680610
Phone918-513-4570

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$837.28 million
Cash Flow$1.84 per share
Book Value$3.55 per share

Profitability

Net Income$-342,460,000.00

Miscellaneous

Employees340
Market Cap$343.95 million
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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

What is Laredo Petroleum's stock symbol?

Laredo Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "LPI."

How were Laredo Petroleum's earnings last quarter?

Laredo Petroleum Inc (NYSE:LPI) posted its quarterly earnings data on Wednesday, February, 12th. The oil and gas producer reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by $0.01. The oil and gas producer had revenue of $218.12 million for the quarter, compared to analysts' expectations of $208.02 million. Laredo Petroleum had a positive return on equity of 15.51% and a negative net margin of 40.90%. The firm's revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.16 EPS. View Laredo Petroleum's Earnings History.

When is Laredo Petroleum's next earnings date?

Laredo Petroleum is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Laredo Petroleum.

What price target have analysts set for LPI?

9 Wall Street analysts have issued 12 month price targets for Laredo Petroleum's stock. Their forecasts range from $2.00 to $7.00. On average, they expect Laredo Petroleum's stock price to reach $4.43 in the next year. This suggests a possible upside of 205.4% from the stock's current price. View Analyst Price Targets for Laredo Petroleum.

What is the consensus analysts' recommendation for Laredo Petroleum?

9 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Laredo Petroleum.

Has Laredo Petroleum been receiving favorable news coverage?

Media coverage about LPI stock has trended very negative on Sunday, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Laredo Petroleum earned a news impact score of -3.0 on InfoTrie's scale. They also assigned media stories about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Laredo Petroleum.

Are investors shorting Laredo Petroleum?

Laredo Petroleum saw a decrease in short interest in January. As of January 15th, there was short interest totalling 38,840,000 shares, a decrease of 8.4% from the December 31st total of 42,420,000 shares. Based on an average daily trading volume, of 5,160,000 shares, the short-interest ratio is presently 7.5 days. Approximately 21.7% of the shares of the stock are short sold. View Laredo Petroleum's Current Options Chain.

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), Zynerba Pharmaceuticals (ZYNE), Cara Therapeutics (CARA), Matador Resources (MTDR), Pandora Media (P), Statoil (STO) and Ford Motor (F).

Who are Laredo Petroleum's key executives?

Laredo Petroleum's management team includes the folowing 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 Relations
  • Mr. Mark David Denny, Sr. VP, Gen. Counsel & Sec.

Who are Laredo Petroleum's major shareholders?

Laredo Petroleum's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (4.94%), Renaissance Technologies LLC (2.78%), Bank of New York Mellon Corp (2.02%), Royce & Associates LP (1.86%), Caymus Capital Partners L.P. (1.36%) and LSV Asset Management (1.27%). Company insiders that own Laredo Petroleum stock include Peter Kagan, Pincus Private Equity Warburg and Warburg Pincus Llc. View Institutional Ownership Trends for Laredo Petroleum.

Which major investors are selling Laredo Petroleum stock?

LPI stock was sold by a variety of institutional investors in the last quarter, including Oxford Asset Management LLP, LSV Asset Management, Russell Investments Group Ltd., FMR LLC, Credit Suisse AG, Arizona State Retirement System, Rafferty Asset Management LLC and Connor Clark & Lunn Investment Management Ltd.. View Insider Buying and Selling for Laredo Petroleum.

Which major investors are buying Laredo Petroleum stock?

LPI stock was acquired by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Point72 Asset Management L.P., Renaissance Technologies LLC, Caymus Capital Partners L.P., State Street Corp, Royce & Associates LP, Bank of America Corp DE and First Trust Advisors LP. View Insider Buying and Selling for Laredo Petroleum.

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 $1.45.

How big of a company is Laredo Petroleum?

Laredo Petroleum has a market capitalization of $343.95 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 $0.74 on an earnings per share basis. Laredo Petroleum employs 340 workers across the globe.View Additional Information About Laredo Petroleum.

What is Laredo Petroleum's official website?

The official website for Laredo Petroleum is http://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]


MarketBeat Community Rating for Laredo Petroleum (NYSE LPI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  544 (Vote Outperform)
Underperform Votes:  745 (Vote Underperform)
Total Votes:  1,289
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.
This page was last updated on 2/23/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel