Logo image of LPI

LAREDO PETROLEUM INC (LPI) Stock Price, Quote, News and Overview

NYSE:LPI - New York Stock Exchange, Inc. - US5168062058 - Common Stock - Currency: USD

48.09  +0.54 (+1.14%)

After market: 48.13 +0.04 (+0.08%)

LPI Quote, Performance and Key Statistics

LAREDO PETROLEUM INC

NYSE:LPI (1/6/2023, 9:16:20 PM)

After market: 48.13 +0.04 (+0.08%)

48.09

+0.54 (+1.14%)

Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
GICS IndustryGroupEnergy
GICS SubIndustryOil & Gas Exploration & Production
Statistics
52 Week High120.86
52 Week Low46.61
Market Cap808.56M
Shares16.81M
Float15.75M
Yearly DividendN/A
Dividend YieldN/A
PE2.24
Fwd PE1.49
Earnings (Next)02-20 2023-02-20
IPO12-15 2011-12-15


LPI short term performance overview.The bars show the price performance of LPI in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months -10 -20 -30

LPI long term performance overview.The bars show the price performance of LPI in the last 1, 2 and 3 years. 1 year 2 years 3 years -10 -20 -30

The current stock price of LPI is 48.09 USD. In the past month the price decreased by -8.19%. In the past year, price decreased by -32.69%.

LAREDO PETROLEUM INC / LPI Daily stock chart

LPI Competitors/Peers

The largest stocks on the US markets in the "Oil & Gas Exploration & Production" sub-industry
Full List
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TA
FA
PE
Market Cap
COP CONOCOPHILLIPS 12.6 124.96B
EOG EOG RESOURCES INC 11.15 74.85B
CNQ CANADIAN NATURAL RESOURCES 11.48 63.00B
HES HESS CORP 15.3 45.64B
FANG DIAMONDBACK ENERGY INC 9.11 45.59B
VG VENTURE GLOBAL INC-CL A N/A 37.19B
TPL TEXAS PACIFIC LAND CORP 68.23 30.91B
EQT EQT CORP 32.41 29.98B
WDS WOODSIDE ENERGY GROUP-ADR 9.07 27.72B
DVN DEVON ENERGY CORP 7.76 24.63B
EXE EXPAND ENERGY CORP 51.05 24.07B
CTRA COTERRA ENERGY INC 16.36 20.72B

About LPI

Company Profile

LPI logo image Laredo Petroleum, Inc. engages in the exploration, development and acquisition of oil and natural gas properties. The company is headquartered in Tulsa, Oklahoma and currently employs 273 full-time employees. The company went IPO on 2011-12-15. Its Permian activities are centered on the east side of the basin approximately 35 miles east of Midland, Texas in primarily Glasscock and Reagan Counties. The principal focus of its horizontal drilling activities is an oil play, including a liquids-rich natural gas component, which involves both the Wolfcamp (Upper, Middle, and Lower) and the Cline formations. Its secondary targets include the Spraberry, Canyon, Strawn and ABW intervals. The company has assembled approximately 166,064 net acres in the Permian Basin, all of which are held in 398 sections. Its acreage is contiguous in the neighboring Texas counties of Borden, Howard, Glasscock, Reagan, Sterling and Irion. The company has two subsidiaries, Laredo Midstream Services, LLC and Garden City Minerals, LLC. The company has exploration and production segment.

Company Info

LAREDO PETROLEUM INC

Suite 1800, 15 W. Sixth Street

Tulsa OKLAHOMA 74119 US

CEO: Jason Pigott

Employees: 273

Company Website: http://www.laredopetro.com/

Phone: 19185134570.0

LAREDO PETROLEUM INC / LPI FAQ

What is the stock price of LAREDO PETROLEUM INC today?

The current stock price of LPI is 48.09 USD. The price increased by 1.14% in the last trading session.


What is the ticker symbol for LAREDO PETROLEUM INC stock?

The exchange symbol of LAREDO PETROLEUM INC is LPI and it is listed on the New York Stock Exchange, Inc. exchange.


On which exchange is LPI stock listed?

LPI stock is listed on the New York Stock Exchange, Inc. exchange.


What is the price forecast or stock price prediction for LAREDO PETROLEUM INC stock?

12 analysts have analysed LPI and the average price target is 87.98 USD. This implies a price increase of 82.94% is expected in the next year compared to the current price of 48.09. Check the LAREDO PETROLEUM INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is LAREDO PETROLEUM INC worth?

LAREDO PETROLEUM INC (LPI) has a market capitalization of 808.56M USD. This makes LPI a Small Cap stock.


How many employees does LAREDO PETROLEUM INC have?

LAREDO PETROLEUM INC (LPI) currently has 273 employees.


What are the support and resistance levels for LAREDO PETROLEUM INC (LPI) stock?

LAREDO PETROLEUM INC (LPI) has a resistance level at 50. Check the full technical report for a detailed analysis of LPI support and resistance levels.


Is LAREDO PETROLEUM INC (LPI) expected to grow?

The Revenue of LAREDO PETROLEUM INC (LPI) is expected to grow by 33.14% in the next year. Check the estimates tab for more information on the LPI EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy LAREDO PETROLEUM INC (LPI) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does LAREDO PETROLEUM INC (LPI) stock pay dividends?

LPI does not pay a dividend.


When does LAREDO PETROLEUM INC (LPI) report earnings?

LAREDO PETROLEUM INC (LPI) will report earnings on 2023-02-20.


What is the Price/Earnings (PE) ratio of LAREDO PETROLEUM INC (LPI)?

The PE ratio for LAREDO PETROLEUM INC (LPI) is 2.24. This is based on the reported non-GAAP earnings per share of 21.45 and the current share price of 48.09 USD. Check the full fundamental report for a full analysis of the valuation metrics for LPI.


LPI Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

LPI Fundamental Analysis

ChartMill assigns a fundamental rating of 6 / 10 to LPI. While LPI belongs to the best of the industry regarding profitability, there are concerns on its financial health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

LPI Financial Highlights

Over the last trailing twelve months LPI reported a non-GAAP Earnings per Share(EPS) of 21.45. The EPS increased by 152.65% compared to the year before.


Industry RankSector Rank
PM (TTM) 35.99%
ROA 26%
ROE 72.91%
Debt/Equity 1.18
Chartmill High Growth Momentum
EPS Q2Q%188.04%
Sales Q2Q%22.38%
EPS 1Y (TTM)152.65%
Revenue 1Y (TTM)82.29%

LPI Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 73% to LPI. The Buy consensus is the average rating of analysts ratings from 12 analysts.

For the next year, analysts expect an EPS growth of 171.8% and a revenue growth 33.14% for LPI


Ownership
Inst Owners165.19%
Ins Owners380.65%
Short Float %N/A
Short RatioN/A
Analysts
Analysts73.33
Price Target87.98 (82.95%)
EPS Next Y171.8%
Revenue Next Year33.14%