Laredo Oil, Inc. (LRDC)
| Market Cap | 53.66M +79.1% |
| Revenue (ttm) | 3.14K -90.5% |
| Net Income | -6.96M |
| EPS | -0.09 |
| Shares Out | 83.85M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,830 |
| Open | 0.7000 |
| Previous Close | 0.7300 |
| Day's Range | 0.7000 - 0.7000 |
| 52-Week Range | 0.2000 - 0.9300 |
| Beta | 0.18 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Sep 15, 2026 |
About Laredo Oil
Laredo Oil, Inc., an oil exploration and production company, engages in the acquisition and exploration of mineral properties. The company acquires an interest in the mineral property comprising of 45,246 gross acres area located in the State of Montana. It also engages in the drilling of an exploratory well. It also holds 50% interest in the Cat Creek oil field located in Montana. The company was formerly known as Laredo Mining, Inc. and changed its name to Laredo Oil, Inc. in October 2009. Laredo Oil, Inc. was incorporated in 2008 and is base... [Read more]
Financial Performance
In fiscal year 2025, Laredo Oil's revenue was $9,423, a decrease of -74.17% compared to the previous year's $36,482. Losses were -$3.18 million, 11.0% more than in 2024.
Financial StatementsNews
Laredo Oil Provides Update on International Business Development
AUSTIN, Texas, July 28, 2026 /PRNewswire/ -- Laredo Oil, Inc. (OTC: LRDC) ("Laredo Oil" or the "Company"), developer of its proprietary Underground Gravity Drainage™ ("UGD") technology, today provided...
Laredo Oil Unveils Commercialization of Technology Potentially Unlocking Significant Reserves of Stranded Oil
AUSTIN, Texas , July 31, 2025 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC: LRDC) emphasizes that oil continues to be an important energy source of the domestic and global economy and demand i...
Laredo Oil Raises $1,132,200 in Private Offering of Short-term Notes and Warrants
AUSTIN, Texas , June 24, 2025 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), an oil exploration and production company, recently announced that it has sold Subordinated Promi...
Laredo Oil Announces Cranston Saltwater Disposal Well is Operational
AUSTIN, Texas , Jan. 21, 2025 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), an oil exploration and production company with over 30,000 net acres of mineral rights in the Wes...
Laredo Oil Initiates Exploratory Drilling Project in Montana West Fork Field
AUSTIN, Texas , Jan. 7, 2025 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), an oil exploration and production company with over 30,000 net acres of mineral rights in the West...
Laredo Oil Raises $750,000 in Private Offering of Unregistered Common Shares
AUSTIN, Texas , Oct. 9, 2024 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), an oil exploration and production company with over 30,000 net acres of mineral rights located nor...
Laredo Oil Preparing Midfork Well for Production
AUSTIN, Texas , July 23, 2024 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that Hell Creek Crude, LLC, a wholly-owned subsidiary of Laredo Oil ("HCC"), has electe...
Laredo Oil Announces Discovery of Oil Shows at Midfork Well
AUSTIN, Texas , July 3, 2024 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that Hell Creek Crude, LLC, a wholly-owned subsidiary of Laredo Oil ("HCC"), has reached...
Laredo Oil Commences Drilling Midfork Well
AUSTIN, Texas, June 27, 2024 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that Hell Creek Crude, LLC, a wholly-owned subsidiary of Laredo Oil ("HCC"), commenced d...
Laredo Oil Announces Permit Issuance for Midfork Well
AUSTIN, Texas , April 30, 2024 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that the State of Montana issued to Hell Creek Crude, LLC, a wholly-owned subsidiary o...
Laredo Oil Announces that Texakoma Exercised its Option to Drill Eight Additional Wells under Existing Development Agreement
AUSTIN, Texas , March 14, 2024 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that Texakoma Exploration and Production, LLC ("Texakoma") exercised its option to dri...
Laredo Oil, Inc. Announces Agreement to Settle Litigation with A&S Minerals Development Company, LLC
AUSTIN, Texas , March 11, 2024 /PRNewswire/ -- Laredo Oil, Inc. (OTC Pink Sheets: LRDC), an exploration and production company (the "Company"), today announced that Lustre Oil Company LLC ("Lustre"),...
Laredo Oil, Inc. Announces Agreement to Drill Up to Three Wells in Montana
AUSTIN, Texas , Jan. 22, 2024 /PRNewswire/ -- Laredo Oil, Inc. (OTC Pink Sheets: LRDC), an exploration and production company (the "Company"), today announced that Hell Creek Crude, LLC ("HCC"), a who...
Laredo Oil, Inc. Announces Discovery of Free Oil in Connection with Agreement with Texakoma Exploration and Production
AUSTIN, Texas , Dec. 5, 2023 /PRNewswire/ -- Laredo Oil, Inc. (OTC Pink Sheets: LRDC), an exploration and production company ("Laredo Oil") today announced the discovery of "free oil" in the second of...
Laredo Oil, Inc. Announces Promising Results from Drilling Under Agreement with Texakoma Exploration and Production
AUSTIN, Texas , Nov. 17, 2023 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), today announced that drilling has encountered free oil and drill cutting oil shows from the main ...
Laredo Oil Subsidiary Enters Into Agreement with Texakoma
AUSTIN, Texas , July 21, 2023 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that Lustre Oil Company, LLC (a wholly-owned subsidiary of Laredo Oil) entered into an ...
Laredo Oil, Inc. Announces Permits to Drill
AUSTIN, Texas, Aug. 18, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Laredo Oil, Inc. (OTC Pink Sheets: LRDC) (“Laredo Oil”), an oil exploration and production company, today announces that its wholly...
Laredo Oil, Inc. Announces Acquisition of Additional Mineral Rights
AUSTIN, Texas, Aug. 15, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Laredo Oil, Inc. (OTC Pink Sheets: LRDC) (“Laredo Oil”), an oil exploration and production company, today announces that its wholly...
Laredo Oil enters into Financial Advisory Agreement with Dawson James Securities
AUSTIN, Texas, July 27, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Laredo Oil, Inc. (“Laredo Oil”) (OTC Pink Sheets: LRDC), on July 21, 2022, Laredo Oil has entered into a Financial Advisory Agreeme...