Skip to main content

Laredo Petroleum, Inc. (LPI)

NYSE: LPI · IEX Real-Time Price · USD
70.56 1.46 (2.11%)
Dec 8, 2021 4:00 PM EST - Market closed
Market Cap1.20B
Revenue (ttm)1.11B
Net Income (ttm)-237.20M
Shares Out17.07M
EPS (ttm)-18.21
PE Ration/a
Forward PE1.96
Dividendn/a
Ex-Dividend Daten/a
Volume572,936
Open70.11
Previous Close69.10
Day's Range68.07 - 72.09
52-Week Range18.35 - 99.26
Beta4.19
AnalystsBuy
Price Target90.40 (+28.1%)
Earnings DateNov 2, 2021

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, ...

IndustryOil, Gas & Consumable Fuels
IPO DateDec 15, 2011
CEOMikell Pigott
Employees257
Stock ExchangeNYSE
Ticker SymbolLPI
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 90.40, which is an increase of 28.12% from the latest price.

Price Target
$90.40
(28.12% upside)
Analyst Consensus: Buy

News

Laredo Petroleum (LPI) Q3 Earnings Miss Estimates

Laredo Petroleum (LPI) delivered earnings and revenue surprises of -36.55% and 44.91%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Laredo Petroleum Announces Third-Quarter 2021 Financial and Operating Results

TULSA, OK, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced its third-quarter 2021 financial and operating results.

1 month ago - GlobeNewsWire

Analysts Estimate Laredo Petroleum (LPI) to Report a Decline in Earnings: What to Look Out for

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

5 Best ETFs & Stocks of the Top Performing Energy Sector

We have highlighted five ETFs & stocks that were at the forefront of the energy sector rally so far this year.

2 months ago - Zacks Investment Research

Laredo Petroleum Schedules Third-Quarter 2021 Earnings Release and Conference Call

TULSA, OK, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") will report third-quarter 2021 financial and operating results after the market close on Tuesd...

2 months ago - GlobeNewsWire

Laredo Petroleum Publishes 2021 ESG and Climate Risk Report

Initiates Continuous Emissions Monitoring Pilot and Responsibly Sourced Gas Certification Initiates Continuous Emissions Monitoring Pilot and Responsibly Sourced Gas Certification

2 months ago - GlobeNewsWire

Best Performing Stocks of the Top US ETF of September

Rising energy prices are benefiting the energy companies, including natural gas.

Other symbols:CPECRKFCGRRCVET
2 months ago - Zacks Investment Research

Sabalo Energy II Secures Initial $300 Million Equity Commitment From EnCap Investments

CORPUS CHRISTI, Texas, Sept. 22, 2021 /PRNewswire/ -- Sabalo Energy II, LLC ("Sabalo") today announced the closing of a $300 million equity commitment from EnCap Investments L.P.

2 months ago - PRNewsWire

Laredo Petroleum Announces Expansion of Oil-Weighted Western Glasscock Leasehold

TULSA, OK, Sept. 19, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced the signing of a purchase and sale agreement to acquire approximately 20,000 ...

2 months ago - GlobeNewsWire

Best Energy ETFs & Stocks of Last Week

We have highlighted five energy ETFs & stocks that led the way higher last week.

3 months ago - Zacks Investment Research

Laredo Petroleum (LPI) Q2 Earnings Lag Estimates

Laredo Petroleum (LPI) delivered earnings and revenue surprises of -39.79% and 38.75%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Laredo Petroleum: Q2 Earnings Insights

Shares of Laredo Petroleum (NYSE:LPI) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 29.63% over the past year to $1.71, which missed ...

4 months ago - Benzinga

Laredo Petroleum Announces Second-Quarter 2021 Financial and Operating Results

TULSA, OK, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today announced its second-quarter 2021 financial and operating results.

4 months ago - GlobeNewsWire

Laredo Petroleum (LPI) Earnings Expected to Grow: Should You Buy?

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.

4 months ago - Zacks Investment Research

Laredo (LPI) Gives Revised 2021 Capex and Production Guidance

Laredo (LPI) is lowering its production guidance to 77,000-80,000 boe/d, from 80,000-85,000 boe/d mentioned earlier.

4 months ago - Zacks Investment Research

Laredo Petroleum Prices Offering of $400 Million of Senior Notes

TULSA, OK, July 13, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc., a Delaware corporation (NYSE: LPI) ("Laredo" or the "Company"), announced today the pricing of $400 million in aggregate principal am...

4 months ago - GlobeNewsWire

Laredo Petroleum Announces Offering of Senior Notes

TULSA, OK, July 12, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc., a Delaware corporation (NYSE: LPI) ("Laredo" or the "Company"), announced today that it intends, subject to market conditions, to off...

4 months ago - GlobeNewsWire

Laredo Petroleum Announces Closing of Acquisition of Sabalo Energy Assets and Divestiture of Proved Developed Produci...

Schedules Second-Quarter 2021 Earnings Release and Conference Call Schedules Second-Quarter 2021 Earnings Release and Conference Call

5 months ago - GlobeNewsWire

Laredo Petroleum (LPI) Surges 5.8%: Is This an Indication of Further Gains?

Laredo Petroleum (LPI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

5 months ago - Zacks Investment Research

Laredo (LPI) Announces Acquisition of Sabalo Energy Assets

Laredo (LPI) enters an agreement to acquire Sabalo Energy assets and a non-operating partner for about $715 million.

6 months ago - Zacks Investment Research

Strength Seen in Laredo Petroleum (LPI): Can Its 8.2% Jump Turn into More Strength?

Laredo Petroleum (LPI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more stren...

6 months ago - Zacks Investment Research

Laredo Petroleum Announces Transformative Transactions

Acquisition of High-Margin, Oil-Weighted Howard County Leasehold

6 months ago - GlobeNewsWire

Laredo Petroleum (LPI) Lags Q1 Earnings Estimates

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?

7 months ago - Zacks Investment Research

Laredo Petroleum Announces First-Quarter 2021 Financial and Operating Results

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.

7 months ago - GlobeNewsWire

Here's How Laredo Petroleum (LPI) Looks Ahead of Q1 Earnings

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.

7 months ago - Zacks Investment Research