Laredo Petroleum, Inc. (LPI)
| Market Cap | 480.13M |
| Revenue (ttm) | 722.43M |
| Net Income (ttm) | -1.02B |
| Shares Out | 11.92M |
| EPS (ttm) | -87.22 |
| PE Ratio | n/a |
| Forward PE | 2.82 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | May 10 |
| Last Price | $40.26 |
| Previous Close | $37.22 |
| Change ($) | 3.04 |
| Change (%) | 8.17% |
| Day's Open | 38.76 |
| Day's Range | 37.45 - 42.25 |
| Day's Volume | 1,223,507 |
| 52-Week Range | 7.71 - 43.98 |
Acquisition of High-Margin, Oil-Weighted Howard County Leasehold
Laredo Petroleum (LPI) delivered earnings and revenue surprises of -13.64% and 31.98%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
TULSA, OK, May 05, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced its first-quarter 2021 financial and operating results.
Laredo Petroleum (LPI) beat the Zacks Consensus Estimate in two of the last four quarters and missed in the other two, delivering an earnings surprise of 17.06%, on average.
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.
NOV's Completion & Production Solutions' backlog for capital equipment orders totals $810 million at the end of Q1 consisting of $338 million of new orders.
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When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?
Should investors be excited or worried when a stock crosses above the 50-Day simple moving average?
TULSA, OK, April 01, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") will report first-quarter 2021 financial and operating results after the market close on Wedn...
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Laredo Petroleum (LPI) is expected to gain from rising commodity prices.
You have to look beyond the Dow to notice something going on.
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Laredo Petroleum (LPI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increa...
Let's see if Laredo Petroleum, Inc. (LPI) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
TULSA, OK, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") announced today that it has filed a prospectus supplement with the Securities and Exchange Com...
Shares of Laredo Petroleum (NYSE:LPI) moved higher in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 1794.12% year over year to $3.22, which b...
Provides 2021 Capital Budget and Production Expectations Provides 2021 Capital Budget and Production Expectations
TULSA, OK, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today published its inaugural ESG and Climate Risk Report, covering data for 2019 operations. ...
On Monday, February 22, Laredo Petroleum (NYSE:LPI) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
TULSA, OK, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced it is rescheduling the release of its fourth-quarter 2020 financial and operat...
Laredo Petroleum (LPI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Laredo Petroleum (LPI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
TULSA, OK, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") will report fourth-quarter 2020 financial and operating results after the market close on Wedn...
Investors need to pay close attention to Laredo Petroleum (LPI) stock based on the movements in the options market lately.
The Howard County and other acquisitions will transform the company profitability. All drilling and completion activity is now in Howard County.
Another Howard County purchase with even better pricing. The company is well positioned to acquire oily acreage in the current buyers market.
TULSA, OK, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced the appointment of Jarvis Hollingsworth and Lori Lancaster to the Company's Bo...
Laredo Petroleum, Inc. (LPI) CEO Jason Pigott on Q3 2020 Results - Earnings Call Transcript
Laredo Petroleum (LPI) delivered earnings and revenue surprises of 21.08% and -1.72%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Laredo Petroleum's (LPI) successful cost cutting initiatives are expected to have lifted the company's third-quarter earnings and cash flows.
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.
Purchases 2,758 Net Acres in Howard County Purchases 2,758 Net Acres in Howard County
It seems that crude's worst losses are in the rear-view mirror with signs of gradual rebalancing.
Laredo Petroleum has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
TULSA, OK, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") will report third-quarter 2020 financial and operating results after the market close on Wedne...
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One needs to have an appetite for risk in order to invest in the energy sector. For savvy investors though, there are opportunities to earn big returns.
Laredo Petroleum's (LPI) strategic efforts, sturdy cash position and upbeat earnings growth projections make it an attractive choice at the moment.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
TULSA, Okla., Aug. 17, 2020 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced the appointment of Lisa Lambert to the Company’s Board of Directors (the ...
Laredo Petroleum, Inc. (LPI) CEO Mikell Pigott on Q2 2020 Results - Earnings Call Transcript
Laredo Petroleum (LPI) delivered earnings and revenue surprises of 59.87% and -40.09%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
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. It engages in the sale of oil, natural gas liquids, and natural gas. The company also engages in the integrated oil and natural gas gathering and transportation systems and related facilities; centralized oil storage tanks; natural gas lift, fuel for drilling, and completions activities; centralized compression infrastructure; and water storage, ... [Read more...]
| Industry Oil & Gas E&P | IPO Date Dec 15, 2011 |
| CEO Mikell Pigott | Employees 257 |
| Stock Exchange NYSE | Ticker Symbol LPI |
Financial Performance
In 2020, LPI's revenue was $677.19 million, a decrease of -19.12% compared to the previous year's $837.28 million. Losses were -$874.17 million, 155.3% more than in 2019.
Analyst Forecasts
According to 12 analysts, the average rating for LPI stock is "Buy." The 12-month stock price forecast is 44.78, which is an increase of 11.23% from the latest price.