Logo image of LPI

LAREDO PETROLEUM INC (LPI) Stock Price, Forecast & Analysis

USA - NYSE:LPI - US5168062058 - Common Stock

48.09 USD
+0.54 (+1.14%)
Last: 1/6/2023, 9:16:20 PM
48.13 USD
+0.04 (+0.08%)
After Hours: 1/6/2023, 9:16:20 PM

LPI Key Statistics, Chart & Performance

Key Statistics
Market Cap808.56M
Revenue(TTM)2.03B
Net Income(TTM)729.56M
Shares16.81M
Float15.75M
52 Week High120.86
52 Week Low46.61
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)21.45
PE2.24
Fwd PE1.49
Earnings (Next)02-20 2023-02-20
IPO2011-12-15
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
GICS IndustryGroupEnergy


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 Latest News, Press Relases and Analysis

LPI Competitors/Peers

The largest stocks on the US markets in the "Oil & Gas Exploration & Production" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
COP CONOCOPHILLIPS 12.09 109.79B
CNQ CANADIAN NATURAL RESOURCES 11.71 65.47B
EOG EOG RESOURCES INC 9.73 57.47B
FANG DIAMONDBACK ENERGY INC 10.01 40.36B
EQT EQT CORP 19.67 34.85B
WDS WOODSIDE ENERGY GROUP-ADR 12.41 30.87B
EXE EXPAND ENERGY CORP 23.72 26.21B
TPL TEXAS PACIFIC LAND CORP 45.58 21.01B
DVN DEVON ENERGY CORP 7.55 20.66B
CTRA COTERRA ENERGY INC 11.86 19.73B
VG VENTURE GLOBAL INC-CL A 15.63 19.35B
VNOM VIPER ENERGY INC-CL A 20.85 11.97B

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

LPI Company Website

Phone: 19185134570.0

LAREDO PETROLEUM INC / LPI FAQ

Can you describe the business of LAREDO PETROLEUM INC?

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.


Can you provide the latest stock price for LAREDO PETROLEUM INC?

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


Does LPI stock pay dividends?

LPI does not pay a dividend.


What is the ChartMill rating of LAREDO PETROLEUM INC stock?

LPI has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 6 out of 10.


What is the GICS sector and industry of LPI stock?

LAREDO PETROLEUM INC (LPI) operates in the Energy sector and the Oil, Gas & Consumable Fuels industry.


Can you provide the market cap for LAREDO PETROLEUM INC?

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


What is the next earnings date for LPI stock?

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


LPI Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

LPI Fundamental Analysis

ChartMill assigns a fundamental rating of 6 / 10 to LPI. LPI scores excellent on profitability, but 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 Forecast & Estimates

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.

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


Analysts
Analysts73.33
Price Target87.98 (82.95%)
EPS Next Y171.8%
Revenue Next Year33.14%

LPI Ownership

Ownership
Inst Owners165.19%
Ins Owners380.65%
Short Float %N/A
Short RatioN/A