NYSE:LPI Laredo Petroleum - LPI Stock Forecast, Price & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: 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. Add Compare Share Share Today's Range N/A50-Day Range$47.55▼$68.9452-Week Range N/AVolume678,100 shsAverage Volume672,250 shsMarket Capitalization$808.59 millionP/E Ratio1.11Dividend YieldN/APrice Target$82.25 ProfileAnalyst RatingsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Laredo Petroleum MarketRank™ ForecastAnalyst RatingHold1.60 Rating ScoreUpside/Downside∞ Upside$76.80 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$189,000 Sold Last QuarterProj. Earnings Growth41.56%From $21.99 to $31.13 Per ShareSee Full Details Hide Full Details 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 starsOils/Energy Sector127th out of 243 stocksCrude Petroleum & Natural Gas Industry52nd out of 78 stocks 2.8 Analyst's Opinion Consensus RatingLaredo Petroleum has received a consensus rating of Hold. The company's average rating score is 1.60, and is based on 1 buy rating, 1 hold rating, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $76.80, Laredo Petroleum has a forecasted upside of ∞ from its current price of $0.00.Amount of Analyst CoverageLaredo Petroleum has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for LPI. 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 N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LPI. Previous Next 1.1 News and Social Media Coverage Search Interest24 people have searched for LPI on MarketBeat in the last 30 days. This is an increase of 243% compared to the previous 30 days.MarketBeat Follows2 people have added Laredo Petroleum to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Laredo Petroleum insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $189,000.00 in company stock.Percentage Held by InsidersOnly 2.20% of the stock of Laredo Petroleum is held by insiders.Percentage Held by Institutions81.46% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Laredo Petroleum are expected to grow by 41.56% in the coming year, from $21.99 to $31.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Laredo Petroleum is 1.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Laredo Petroleum is 1.11, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 61.28. Previous Next See Top Rated MarketRank™ Stocks Here About Laredo Petroleum (NYSE:LPI) StockLaredo 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.Read More 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. Email Address LPI Stock News HeadlinesDecember 15, 2022 | seekingalpha.comLaredo Petroleum: Howard County Issues And BenefitsDecember 13, 2022 | finance.yahoo.comEstimating The Intrinsic Value Of Laredo Petroleum, Inc. (NYSE:LPI)March 20, 2023 | Investing Daily (Ad)Check Out This 6-Year Win StreakDespite 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. December 8, 2022 | seekingalpha.comSelling Puts On Laredo PetroleumDecember 5, 2022 | msn.comBenzinga's Top Ratings Upgrades, Downgrades For December 5, 2022December 5, 2022 | markets.businessinsider.comWhat 6 Analyst Ratings Have To Say About Laredo PetroleumDecember 1, 2022 | finance.yahoo.comLaredo Petroleum Publishes 2022 ESG and Climate Risk ReportNovember 25, 2022 | msn.comLaredo Petroleum's Return On Capital Employed InsightsMarch 20, 2023 | Weiss Ratings (Ad)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!November 14, 2022 | seekingalpha.comLaredo Petroleum: Cash Flow Is Now KingNovember 12, 2022 | finance.yahoo.comAnalysts Have Just Cut Their Laredo Petroleum, Inc. (NYSE:LPI) Revenue Estimates By 12%November 4, 2022 | finanznachrichten.deLaredo Petroleum, Inc.: Laredo Petroleum Announces Third-Quarter 2022 Financial and Operating ResultsNovember 4, 2022 | apnews.comLaredo Petroleum Announces Third-Quarter 2022 Financial and Operating ResultsOctober 25, 2022 | markets.businessinsider.com5 Analysts Have This to Say About Laredo PetroleumOctober 24, 2022 | markets.businessinsider.comExpert Ratings for Laredo PetroleumOctober 18, 2022 | marketwatch.comLaredo Petroleum Cuts 4Q Production Forecasts -- Energy CommentOctober 18, 2022 | seekingalpha.comLaredo Petroleum slips as planned capex tops estimatesOctober 18, 2022 | finance.yahoo.comLaredo Petroleum Provides Selected Preliminary Third-Quarter 2022 ResultsOctober 18, 2022 | seekingalpha.comLaredo Petroleum: Let Us Talk HedgingOctober 14, 2022 | seekingalpha.comGrab 10% Yield With Laredo Petroleum BondsOctober 11, 2022 | finance.yahoo.comAfter losing 15% in the past year, Laredo Petroleum, Inc. (NYSE:LPI) institutional owners must be relieved by the recent gainOctober 7, 2022 | benzinga.comCheck Out What Whales Are Doing With LPIOctober 5, 2022 | nasdaq.comLPI Makes Bullish Cross Above Critical Moving AverageOctober 5, 2022 | finance.yahoo.comLaredo Petroleum Schedules Third-Quarter 2022 Earnings Release and Conference CallOctober 4, 2022 | benzinga.comLooking At Laredo Petroleum's Recent Whale TradesSeptember 29, 2022 | nasdaq.comInteresting LPI Put And Call Options For November 18thSeptember 28, 2022 | benzinga.comLaredo Petroleum Whale Trades For September 28See 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. Email Address LPI Company Calendar Last Earnings11/02/2021Today3/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:LPI CUSIP51680610 CIK1528129 Webwww.laredopetro.com Phone(918) 513-4570Fax918-513-4571Employees273Year FoundedN/APrice Target and Rating Average Stock Price Forecast$76.80 High Stock Price Forecast$125.00 Low Stock Price Forecast$55.00 Consensus RatingHold Rating Score (0-4)1.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$43.15 Trailing P/E Ratio1.11 Forward P/E RatioN/A P/E GrowthN/ANet Income$145.01 million Net Margins35.99% Pretax Margin36.27% Return on Equity55.37% Return on Assets13.23% Debt Debt-to-Equity Ratio1.18 Current Ratio0.47 Quick Ratio0.47 Sales & Book Value Annual Sales$1.39 billion Price / Sales0.00 Cash FlowN/A Price / Cash Flow2.26 Book Value$30.10 per share Price / BookN/AMiscellaneous Outstanding Shares16,814,000Free Float16,444,000Market Cap$808.59 million OptionableOptionable Beta3.31 Key ExecutivesMr. Mikell Jason Pigott (Age 49)Pres, CEO & Director Comp: $1.93MMr. Bryan J. Lemmerman (Age 48)Sr. VP & CFO Comp: $1.1MMr. Mark David Denny (Age 42)Sr. VP, Gen. Counsel & Sec. Comp: $801.93kMs. Katie HillVP of OperationsJessica R. WrenInterim Principal Accounting OfficerMr. Brandon BrownVP & CTOMr. Ronald HagoodVP of Investor RelationsMr. Benjamin C. KleinVP of Midstream & MarketingMs. Amelia Kim Harding (Age 53)VP of HR Mr. David S. FerrisVP & Chief Sustainability OfficerMore ExecutivesKey CompetitorsW&T OffshoreNYSE:WTIBerryNASDAQ:BRYSilverBow ResourcesNYSE:SBOWSandRidge EnergyNYSE:SDVAALCO EnergyNYSE:EGYView All CompetitorsInsiders & InstitutionsParallax Volatility Advisers L.P.Sold 141,500 shares on 2/27/2023Ownership: 0.000%Jane Street Group LLCSold 17,400 shares on 2/15/2023Ownership: 0.000%Maven Securities LTDSold 5,600 shares on 2/15/2023Ownership: 0.000%Susquehanna International Group LLPBought 68,600 shares on 2/14/2023Ownership: 0.000%Group One Trading L.P.Sold 32,100 shares on 2/9/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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? 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 ASA (STO). 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 Get 30 Days of MarketBeat All Access Free 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 from 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. Export data to Excel for your own analysis. 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