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

$1.99
-0.08 (-3.86 %)
(As of 01/27/2020 04:20 AM ET)
Today's Range
$1.92
Now: $1.99
$2.08
50-Day Range
$1.99
MA: $2.64
$3.00
52-Week Range
$1.92
Now: $1.99
$3.99
Volume6.60 million shs
Average Volume5.64 million shs
Market Capitalization$471.89 million
P/E Ratio9.05
Dividend YieldN/A
Beta1.79
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$1.11 billion
Cash Flow$1.70 per share
Book Value$5.02 per share

Profitability

Net Income$324.59 million

Miscellaneous

Employees340
Market Cap$471.89 million
Next Earnings Date2/12/2020 (Confirmed)
OptionableOptionable

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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 will Laredo Petroleum's stock buyback program work?

Laredo Petroleum announced that its Board of Directors has initiated a stock buyback plan on Thursday, February 15th 2018, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

How were Laredo Petroleum's earnings last quarter?

Laredo Petroleum Inc (NYSE:LPI) released its earnings results on Tuesday, November, 5th. The oil and gas producer reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.02. The oil and gas producer had revenue of $193.57 million for the quarter, compared to analysts' expectations of $215.83 million. Laredo Petroleum had a return on equity of 14.25% and a net margin of 5.87%. During the same quarter last year, the business earned $0.27 earnings per share. 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, February 12th 2020. View Earnings Estimates for Laredo Petroleum.

How can I listen to Laredo Petroleum's earnings call?

Laredo Petroleum will be holding an earnings conference call on Wednesday, February 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for LPI?

10 brokers have issued twelve-month price targets for Laredo Petroleum's shares. Their forecasts range from $2.00 to $7.00. On average, they expect Laredo Petroleum's share price to reach $4.49 in the next twelve months. This suggests a possible upside of 125.7% from the stock's current price. View Analyst Price Targets for Laredo Petroleum.

What is the consensus analysts' recommendation for 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, 6 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?

News headlines about LPI stock have trended extremely negative on Monday, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Laredo Petroleum earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned news stories about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate 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 trading volume of 5,160,000 shares, the short-interest ratio is currently 7.5 days. Currently, 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 variety of of retail and institutional investors. Top institutional investors include Caymus Capital Partners L.P. (1.36%), Louisiana State Employees Retirement System (0.03%) and Wedge Capital Management L L P NC (0.01%). 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 institutional investors are selling Laredo Petroleum stock?

LPI stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC and Louisiana State Employees Retirement System. View Insider Buying and Selling for Laredo Petroleum.

Which institutional investors are buying Laredo Petroleum stock?

LPI stock was bought by a variety of institutional investors in the last quarter, including Caymus Capital Partners L.P.. 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 $1.99.

How big of a company is Laredo Petroleum?

Laredo Petroleum has a market capitalization of $471.89 million and generates $1.11 billion in revenue each year. The oil and gas producer earns $324.59 million in net income (profit) each year or $0.93 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:  535 (Vote Outperform)
Underperform Votes:  726 (Vote Underperform)
Total Votes:  1,261
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 1/27/2020 by MarketBeat.com Staff

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