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Laredo Petroleum Inc

LPI.N

Latest Trade

55.52USD

Change

-1.45(-2.55%)

Volume

72,611

Today's Range

54.19

 - 

60.33

52 Week Range

11.62

 - 

99.08

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
56.97
Open
59.05
Volume
72,611
3M AVG Volume
16.40
Today's High
60.33
Today's Low
54.19
52 Week High
99.08
52 Week Low
11.62
Shares Out (MIL)
16.11
Market Cap (MIL)
917.87
Forward P/E
6.03
Dividend (Yield %)
--

Next Event

Q4 2021 Laredo Petroleum Inc Earnings Release

Latest Developments

More

Laredo Petroleum Reports Q3 2021 Financial And Operating Results

Laredo Petroleum Reports Q2 2021 Financial And Operating Results

Laredo Petroleum Prices Offering Of $400 Million Of Senior Notes

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About Laredo Petroleum Inc

Laredo Petroleum, Inc. (Laredo) is an independent energy company. The Company is focused on the acquisition, exploration and development of oil and natural gas properties, and the transportation of oil and natural gas from such properties primarily in the Permian Basin in West Texas. It operates through two segments: Exploration and production of oil and natural gas properties, and Midstream and marketing. The exploration and production of oil and natural gas properties are conducted by it through the exploration and development of its acreage in the Permian Basin. As of December 31, 2016, it had assembled 127,847 net acres in the Permian Basin and had total proved reserves, presented on a three-stream basis, of 167,100 thousand of barrels of oil equivalent (MBOE). The Midstream and marketing segment's operations are conducted by its subsidiary, Laredo Midstream Services, LLC, which buys, sells, gathers and transports oil, natural gas and water primarily for the account of Laredo.

Industry

Oil & Gas Operations

Contact Info

15 W 6th St Ste 900

TULSA, OK

74119-5415

United States

+1.918.5134570

http://www.laredopetro.com

Executive Leadership

William E. Albrecht

Non-Executive Independent Chairman of the Board

Mikell J. Pigott

President, Chief Executive Officer, Director

Bryan J. Lemmerman

Chief Financial Officer, Senior Vice President

T. Karen Chandler

Chief Operating Officer, Senior Vice President

Mark David Denny

Senior Vice President, General Counsel, Secretary

Key Stats

2.50 mean rating - 10 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

1.1K

2019

0.8K

2020

0.7K

2021(E)

1.2K
EPS (USD)

2018

18.600

2019

14.800

2020

11.510

2021(E)

9.002
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.83
Price To Book (MRQ)
4.10
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
602.47
LT Debt To Equity (MRQ)
602.47
Return on Investment (TTM)
-15.19
Return on Equity (TTM)
-12.35

Latest News

Latest News

Analysis-Market for U.S. oil acreage booms along with crude price recovery

A recovery in the price of oil to more than two-year highs is offering a long-awaited opening to companies and private equity firms to shed unloved assets in the U.S. oil patch.

Factbox: Winners and losers in energy sector from Texas cold snap

A winter storm that hit parts of the southern United States over the past week led several energy companies to report stronger-than-expected results after they were called on to provide more power at higher prices, while others faced millions of dollars in losses.

U.S. shale producers reveal extent of hit from Texas freeze

Occidental Petroleum Corp, Diamondback Energy Inc and a host of smaller Permian-focused U.S. shale producers on Monday forecast lower oil output in the first quarter, giving the first indications of the hit to the industry caused by last week's winter storm.

U.S. RESEARCH ROUNDUP- Mallinckrodt, Oric Pharmaceuticals, TherapeuticsMD

Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Mallinckrodt, Oric Pharmaceuticals and TherapeuticsMD, on Tuesday. HIGHLIGHTS * Alteryx Inc : Piper Sandler raises to overweight from neutral * Mallinckrodt...

U.S. RESEARCH ROUNDUP-CVS Health, Regal Beloit, Zuora

Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including CVS Health, Regal Beloit and Zuora, on Thursday. HIGHLIGHT * CVS Health Corp : Credit Suisse raises to outperform from neutral * Dow Inc : HSBC cuts to hold...

FACTBOX-North American oil producers slash spending by about 34% amid crude price rout

North American oil and gas producers have cut their 2020 spending by nearly 34%, or about $41.6 billion, data compiled by Reuters showed, following a slump in crude prices. Since Saudi Arabia and Russia launched an oil price war on March 9, U.S. crude has more than halved...

FACTBOX-North American oil producers slash budgets by about 32%, or $40 bln amid crude price rout

(Updates ConocoPhillips, Noble Energy; Adds Peyto) April 16(Reuters) - North American oil and gas producers have cut their 2020 budgets by more than 32%, or nearly $40 billion, data compiled by Reuters showed, following a slump in crude prices. Since Saudi Arabia and Russia...

Shale-well frackers grind to a halt as oil prices collapse

Once the fastest growing - and most controversial - oilfield services in the U.S. shale boom, fracking is getting hammered as oil prices near a two-decade low and producers stop completing new wells.

U.S. shale companies hedges were inadequate for oil price crash

Oil prices have plunged so much that even U.S. shale producers who have paid for the industry's version of income insurance must deal with big holes in their budgets.

U.S. shale companies hedges were inadequate for oil price crash

Oil prices have plunged so much that even U.S. shale producers who have paid for the industry's version of income insurance must deal with big holes in their budgets. Crude oil prices have crashed about 50% this year, hit by the coronavirus outbreak and the surprise price...

Coronavirus puts shaky condition of debt-laden shale firms in spotlight

Weak oil demand, exacerbated by the coronavirus outbreak, is threatening to force a new round of cost cutting at U.S. shale companies needing to refinance debt or raise cash from oil and gas reserves.

Texas shale towns grapple with growth as oil-bust fears fade

In west Texas, the center of the U.S. oil boom, about 3,800 students at Permian High School are crammed into a campus designed for 2,500, with 20 portable buildings to help with the overflow.

U.S. drillers add oil rigs for second week in a row: Baker Hughes

U.S. energy firms this week increased the number of oil rigs operating for a second week in a row with crude futures up more than 40 percent so far this year.

U.S. shale producers turn to jobs cuts as investor pressures mount

Having slashed spending plans and run out of willing buyers for assets, some U.S. shale producers are turning to workforce cuts as investors step up demands for returns.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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