Laredo Petroleum, Inc. (LPI)

NYSE: LPI · IEX Real-Time Price · USD
61.54
+0.43 (0.70%)
At close: Dec 2, 2022 4:00 PM
61.10
-0.44 (-0.71%)
Pre-market: Dec 5, 2022 5:19 AM EST
0.7%
Market Cap 1.05B
Revenue (ttm) 2.03B
Net Income (ttm) 729.56M
Shares Out 16.65M
EPS (ttm) 44.65
PE Ratio 1.38
Forward PE 2.04
Dividend n/a
Ex-Dividend Date n/a
Volume 373,613
Open 60.65
Previous Close 61.11
Day's Range 59.51 - 62.45
52-Week Range 52.5 - 120.86
Beta 3.35
Analysts Buy
Price Target 90.40 (+46.9%)
Earnings Date Nov 4, 2022

About LPI

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 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 De... [Read more]

Industry Oil, Gas & Consumable Fuels
IPO Date Dec 15, 2011
CEO Mikell Pigott
Employees 273
Stock Exchange NYSE
Ticker Symbol LPI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for LPI stock is "Buy." The 12-month stock price forecast is 90.4, which is an increase of 46.90% from the latest price.

Price Target
$90.4
(46.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Laredo Petroleum Publishes 2022 ESG and Climate Risk Report

Company to Rebrand as Vital Energy in 2023 Company to Rebrand as Vital Energy in 2023

3 days ago - GlobeNewsWire

Laredo Petroleum (LPI) Q3 Earnings Miss Estimates

Laredo Petroleum (LPI) delivered earnings and revenue surprises of -18.84% and 32.31%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Laredo Petroleum Announces Third-Quarter 2022 Financial and Operating Results

TULSA, OK, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced its third-quarter 2022 financial and operating results. Supplemental slides ha...

1 month ago - GlobeNewsWire

Laredo Petroleum (LPI) Reports Next Week: Wall Street Expects Earnings Growth

Laredo Petroleum (LPI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Laredo Petroleum Provides Selected Preliminary Third-Quarter 2022 Results

TULSA, OK, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today disclosed selected preliminary third-quarter 2022 financial and operating results. The C...

1 month ago - GlobeNewsWire

Laredo Petroleum Schedules Third-Quarter 2022 Earnings Release and Conference Call

TULSA, OK, Oct. 05, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") will report third-quarter 2022 financial and operating results after the market close on Thurs...

1 month ago - GlobeNewsWire

Laredo Petroleum Announces Divestiture of Howard County Non-Operated Properties for $110 Million

Proceeds To Support Equity and Debt Repurchase Programs Proceeds To Support Equity and Debt Repurchase Programs

3 months ago - GlobeNewsWire

Laredo Petroleum (LPI) Surpasses Q2 Earnings and Revenue Estimates

Laredo Petroleum (LPI) delivered earnings and revenue surprises of 0.13% and 29.88%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Laredo Petroleum Announces Second-Quarter 2022 Financial and Operating Results

Updates Full-Year 2022 Outlook and Issues Preliminary 2023 Outlook Updates Full-Year 2022 Outlook and Issues Preliminary 2023 Outlook

4 months ago - GlobeNewsWire

Laredo Petroleum Schedules Second-Quarter 2022 Earnings Release and Conference Call

TULSA, OK, July 13, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") will report second-quarter 2022 financial and operating results after the market close on Wedn...

4 months ago - GlobeNewsWire

Laredo Petroleum Announces Appointment of John Driver and Shihab Kuran to its Board of Directors

TULSA, OK, June 28, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced that John Driver and Shihab Kuran have been appointed as independent members o...

5 months ago - GlobeNewsWire

Is the Options Market Predicting a Spike in Laredo Petroleum (LPI) Stock?

Investors need to pay close attention to Laredo Petroleum (LPI) stock based on the movements in the options market lately.

5 months ago - Zacks Investment Research

7 Small-Cap Stocks to Buy for Big Results

Small-cap stocks should outperform with supply chain changes. Here are some stocks to buy with good fundamentals.

Other symbols: CCSENSGFIXIDCCPTENRCII
5 months ago - InvestorPlace

Laredo Petroleum Announces $200 Million Share Repurchase Program

Debt Repayment Target Increased to ~$700 Million Debt Repayment Target Increased to ~$700 Million

6 months ago - GlobeNewsWire

Laredo Petroleum (LPI) Misses Q1 Earnings Estimates

Laredo Petroleum (LPI) delivered earnings and revenue surprises of -20.58% and 40.96%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Laredo Petroleum Announces First-Quarter 2022 Financial and Operating Results

TULSA, OK, May 04, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced its first-quarter 2022 financial and operating results. A conference call and w...

7 months ago - GlobeNewsWire

Laredo Petroleum (LPI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Laredo Petroleum (LPI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

Will Laredo Petroleum (LPI) Gain on Rising Earnings Estimates?

Laredo Petroleum (LPI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

7 months ago - Zacks Investment Research

Laredo Petroleum Schedules First-Quarter 2022 Earnings Release and Conference Call

TULSA, OK, April 04, 2022 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") will report first-quarter 2022 financial and operating results after the market close on Wedn...

8 months ago - GlobeNewsWire

Here's Why Momentum Investors Will Love Laredo Petroleum (LPI)

Does Laredo Petroleum (LPI) have what it takes to be a top stock pick for momentum investors? Let's find out.

8 months ago - Zacks Investment Research

3 Stocks With Upgraded Broker Ratings Amid Volatile Markets

It is advisable to follow broker rating upgrades for steady returns. Hence, we pick Polaris (PII), PulteGroup (PHM) and Laredo Petroleum (LPI) as these witness ratings upgrades.

Other symbols: PHMPII
9 months ago - Zacks Investment Research

The U.S. E&P Industry Is on Fire: 5 Top Stocks to Buy Now

With oil and natural gas prices on a tear, the Zacks Oil and Gas - US E&P operators like CIVI, SM, OAS, CDEV and LPI are expected to participate in this explosive rally during the coming months.

Other symbols: CIVISM
9 months ago - Zacks Investment Research

Has Laredo Petroleum (LPI) Outpaced Other Oils-Energy Stocks This Year?

Here is how Laredo Petroleum (LPI) and Imperial Oil (IMO) have performed compared to their sector so far this year.

9 months ago - Zacks Investment Research

3 Stocks to Keep a Tab On for Solid Earnings Acceleration

Keep an eye on stocks like Fortress Transportation and Infrastructure Investors (FTAI), Laredo Petroleum (LPI) & Groupon (GRPN) for stellar earnings acceleration.

Other symbols: FTAIGRPN
9 months ago - Zacks Investment Research

Why Laredo Petroleum (LPI) Might be Well Poised for a Surge

Laredo Petroleum (LPI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

9 months ago - Zacks Investment Research