Grufity logoGrufity logo
StocksFundsScreenerSectorsWatchlists
LPI

LPI - Laredo Petroleum Inc Stock Price, Fair Value and News

55.16USD-0.22 (-0.40%)Market Closed

Market Summary

LPI
USD55.16-0.22
Market Closed
-0.40%

LPI Stock Price

View Fullscreen

LPI RSI Chart

LPI Valuation

Market Cap

2.0B

Price/Earnings (Trailing)

2.91

Price/Sales (Trailing)

1.31

EV/EBITDA

3.22

Price/Free Cashflow

2.49

LPI Price/Sales (Trailing)

LPI Profitability

EBT Margin

33.07%

Return on Equity

24.96%

Return on Assets

13.5%

Free Cashflow Yield

40.18%

LPI Fundamentals

LPI Revenue

Revenue (TTM)

1.5B

Rev. Growth (Yr)

22.08%

Rev. Growth (Qtr)

2.07%

LPI Earnings

Earnings (TTM)

695.1M

Earnings Growth (Yr)

138.05%

Earnings Growth (Qtr)

5.7K%

Breaking Down LPI Revenue

Last 7 days

0.6%

Last 30 days

10.7%

Last 90 days

29.4%

Trailing 12 Months

13.3%

How does LPI drawdown profile look like?

LPI Financial Health

Current Ratio

0.62

Debt/Equity

0.58

Debt/Cashflow

0.51

LPI Investor Care

Shares Dilution (1Y)

113.88%

Diluted EPS (TTM)

33.51

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.7B1.5B1.5B1.5B
20221.7B1.9B2.0B1.9B
2021722.4M906.2M1.1B1.4B
2020833.3M727.3M707.2M677.2M
20191.1B920.6M834.4M837.3M
2018892.9M1.1B1.1B1.1B
2017679.8M720.1M766.1M822.2M
2016562.5M526.9M536.3M597.4M
2015771.3M770.6M720.7M606.6M
2014674.9M680.6M710.0M793.9M
2013598.6M636.2M663.2M665.3M
2012552.2M560.2M571.5M583.9M
2011302.1M383.9M456.2M510.3M
2010132.9M169.3M205.6M242.0M
200900096.6M
Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Laredo Petroleum Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 01, 2023
pigott m. jason
sold
-207,412
55.31
-3,750
president & ceo
Jan 03, 2023
pigott m. jason
sold
-189,000
50.4
-3,750
president & ceo
Dec 01, 2022
pigott m. jason
sold
-241,725
64.46
-3,750
president & ceo
Nov 17, 2022
hollingsworth jarvis v.
acquired
32,549
64.2
507
-
Nov 17, 2022
lambert lisa marie
acquired
32,549
64.2
507
-
Nov 17, 2022
kuran shihab a.
acquired
32,549
64.2
507
-
Nov 17, 2022
driver john
acquired
32,549
64.2
507
-
Nov 01, 2022
pigott m. jason
sold
-248,100
66.16
-3,750
president & ceo
Oct 03, 2022
pigott m. jason
sold
-250,688
66.85
-3,750
president & ceo
Sep 08, 2022
pigott m. jason
sold
-262,050
69.88
-3,750
president & ceo

1–10 of 50

Which funds bought or sold LPI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
AMALGAMATED BANK
reduced
-10.28
14,000
415,000
 -%
Apr 23, 2024
Louisiana State Employees Retirement System
reduced
-0.81
82,166
646,242
 0.01%
Apr 23, 2024
Spartan Fund Management Inc.
unchanged
-
17,117
127,567
 0.26%
Apr 23, 2024
Summit Trail Advisors, LLC
reduced
-0.43
49,272
377,710
 0.01%
Apr 23, 2024
FIFTH THIRD BANCORP
added
1.15
15,918
110,492
 -%
Apr 22, 2024
MetLife Investment Management, LLC
added
37.51
63,453
556,525
 -%
Apr 22, 2024
RAYMOND JAMES & ASSOCIATES
added
22.23
1,001,250
3,433,330
 -%
Apr 19, 2024
Maryland State Retirement & Pension System
unchanged
-
70,525
480,253
 0.01%
Apr 19, 2024
State of Alaska, Department of Revenue
reduced
-0.9
100,000
793,000
 0.01%
Apr 19, 2024
DENALI ADVISORS LLC
reduced
-32.26
-92,055
331,002
 0.10%

1–10 of 46

Are Funds Buying or Selling LPI?

Are funds buying LPI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LPI
No. of Funds

Unveiling Laredo Petroleum Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
6.34%
1,816,743
SC 13G/A
Jan 25, 2024
state street corp
7.73%
2,217,263
SC 13G/A
Jan 08, 2024
blackrock inc.
13.9%
3,901,625
SC 13G/A
Dec 06, 2023
blackrock inc.
9.9%
2,735,509
SC 13G/A
Dec 05, 2023
campbell richard d
22.66%
7,868,933
SC 13D
Nov 15, 2023
campbell richard d
6.31%
1,809,051
SC 13G
Nov 09, 2023
riverstone holdings llc
11.8%
3,370,497
SC 13G
Sep 15, 2023
carnelian energy capital holdings, llc
-
0
SC 13G/A
Apr 10, 2023
carnelian energy capital holdings, llc
8.5%
1,578,948
SC 13G
Feb 13, 2023
state street corp
14.54%
2,443,942
SC 13G/A

Recent SEC filings of Laredo Petroleum Inc

View All Filings
Date Filed Form Type Document
Apr 15, 2024
8-K
Current Report
Apr 08, 2024
ARS
ARS
Apr 08, 2024
DEF 14A
DEF 14A
Apr 08, 2024
DEFA14A
DEFA14A
Apr 03, 2024
3
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
8-K
Current Report
Mar 28, 2024
8-K
Current Report
Mar 27, 2024
PRE 14A
PRE 14A
Mar 15, 2024
8-K
Current Report

Laredo Petroleum Inc News

Latest updates
Yahoo Canada Shine On • 13 Apr 2024 • 03:36 am
Laredo Petroleum (LPI) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Yahoo News UK • 02 Apr 2024 • 09:56 am
Laredo Petroleum Announces Closing of Offering of Common Stock and Exercise of Underwriter's Option to Purchase ...
InvestorsObserver • 17 months ago
Do Analysts Agree Monday on Laredo Petroleum Inc (LPI) Stock's Target Price?
Seeking Alpha • 18 months ago
Laredo Petroleum Bonds: Grab 10% Yield (NYSE:LPI)
Yahoo Finance • 23 months ago
Laredo Petroleum Announces $200 Million Share Repurchase Program
Yahoo Movies UK • 2 years ago
Why Laredo Petroleum (LPI) Might be Well Poised for a Surge
Yahoo Movies UK • 3 years ago
CNX Resources Closes $200M Notes Offering, Refinances Debts
Yahoo Movies UK • 3 years ago
Is Laredo Petroleum (LPI) a Great Value Stock Right Now?
Yahoo! Voices • 4 years ago
Here's What Hedge Funds Think About Laredo Petroleum Inc (LPI)

Laredo Petroleum Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.1%445436335333364464560532470379294250188174111205218194217209215
Costs and Expenses21.1%309256214210201205192262224209186147265341545387388544159155159
  S&GA Expenses10.9%32.0029.0018.0026.0017.0012.0017.0022.0014.0015.0021.0013.0016.0011.0011.0013.0013.009.0011.0022.0021.00
EBITDA Margin26.8%0.73*0.57*0.74*0.75*0.56*0.57*0.49*0.30*0.34*0.05*-0.38*-1.01*---------
Interest Expenses28.3%50.0039.0032.0029.0029.0031.0033.0032.0031.0030.0026.0026.0026.0027.0027.0025.0015.0015.0016.0016.0015.00
Income Taxes1354.4%35.002.00-2212.003.00-3.777.00-0.883.003.00-1.32-0.763.00-2.40-7.172.00-1.78-2.472.00-0.103.00
Earnings Before Taxes4248.3%3167.0073.00116121334270-87.66219140-133-76.20-162-239-55277.00-243-267175-9.59152
EBT Margin53.0%0.33*0.22*0.43*0.49*0.33*0.36*0.28*0.08*0.11*-0.21*-0.68*-1.43*---------
Net Income5651.8%2815.00295114118338263-86.78216137-132-75.44-165-237-54575.00-241-264173-9.49150
Net Income Margin23.9%0.45*0.36*0.58*0.48*0.33*0.36*0.27*0.08*0.10*-0.21*-0.67*-1.42*---------
Free Cashflow9.1%23421424911610918236817121099.0011771.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets16.3%5,1504,4263,8152,9432,7262,8062,8732,7262,5522,2591,7871,4751,4431,5811,8712,4442,2642,2782,6202,5152,420
  Current Assets-54.4%371814243230246248374302236195303138137200256427200225193173193
    Cash Equivalents-97.6%14.0059072.0028.0044.0050.0014865.0057.0051.0026544.0049.0040.0016.0063.0041.0032.0056.0045.0045.00
  Net PPE35.2%4,3603,2243,1762,5122,4112,4762,4082,3482,2501,9671,3681,3031,2721,3351,5361,9312,0001,9772,3702,3012,200
Liabilities-10.9%2,3642,6532,2121,7181,6151,8052,1942,3032,0382,0351,9411,5431,4641,4401,4951,5241,4231,1981,2761,3431,246
  Current Liabilities4.2%596572434392415527799776527575490292198143158186171146171204200
  Long Term Debt-16.5%1,6091,9271,6201,1641,1131,1821,2911,4221,4261,3501,3061,1451,1791,2191,2581,2571,1709801,0301,064984
    LT Debt, Non Current-16.5%1,6091,9271,6201,1641,1131,1821,2911,4221,4261,3501,3061,1451,1791,2191,2581,2571,1709801,0301,064984
Shareholder's Equity57.1%2,7851,7731,6041,2251,1111,001679424514224---21.441423769198421,0791,3441,1711,174
  Retained Earnings22.8%-948-1,229-1,234-1,529-1,643-1,761-2,099-2,361-2,275-2,491-2,628-2,495-2,420-2,254-2,016-1,471-1,545-1,304-1,039-1,212-1,203
  Additional Paid-In Capital24.3%3,7343,0032,8382,7552,7542,7622,7792,7852,7892,7152,4742,4272,3982,3952,3932,3882,3852,3812,3812,3822,375
Shares Outstanding62.8%35.0022.0019.0017.0017.0017.0017.0017.0014.0016.0013.0012.00---------
Float---826---1,200---1,200---126---526--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations9.1%233,734214,209248,888116,125108,918181,695368,125170,882209,55999,415116,54671,151109,770102,05861,973109,589108,206105,599183,81177,458129,276
  Share Based Compensation-11.7%2,5922,9372,8932,5722,1081,6382,6042,0532,0661,8111,7302,0682,1062,0411,6942,3763,046-1,739-4237,4067,648
Cashflow From Investing-191.9%-474,688-162,622-675,217-163,603-32,477-149,935-141,844-151,696-279,061-349,183-99,547-69,020-83,099-37,535-108,813-159,791-289,035-79,702-137,521-155,453-154,525
Cashflow From Financing-171.8%-334,680466,412454,01947,049-81,947-129,365-143,872-10,84774,90436,180203,723-6,626-18,172-40,012-19072,122189,993-50,004-35,03477,38819,993
  Buy Backs------17,515---------------

LPI Income Statement

2023-12-31
Consolidated statements of operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:   
Total revenues$ 1,547,604$ 1,920,796$ 1,394,075
Costs and expenses:   
Lease operating expenses261,129173,983101,994
Production and ad valorem taxes93,224110,99768,742
General and administrative104,81968,08262,801
Organizational restructuring expenses1,65410,4209,800
Depletion, depreciation and amortization463,244311,640215,355
Impairment expense0401,613
Other operating expenses, net6,2238,5836,381
Total costs and expenses988,655859,555765,663
Gain (loss) on disposal of assets, net672(1,079)84,551
Operating income$ 559,621$ 1,060,162$ 712,963
Non-operating income (expense):   
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]Total non-operating expense, netTotal non-operating expense, netTotal non-operating expense, net
Gain (loss) on derivatives, net$ 96,230$ (298,723)$ (452,175)
Interest expense(149,819)(125,121)(113,385)
Loss on extinguishment of debt, net(4,039)(1,459)0
Other income, net9,7482,1551,250
Total non-operating expense, net(47,880)(423,148)(564,310)
Income before income taxes511,741637,014148,653
Income tax benefit (expense):   
Current(5,723)(6,121)(1,324)
Deferred189,060619(2,321)
Total income tax benefit (expense):183,337(5,502)(3,645)
Net income695,078631,512145,008
Preferred stock dividends(449)00
Net income available to common stockholders, basic$ 694,629$ 631,512$ 145,008
Net income per common share:   
Basic (in USD per share)$ 34.30$ 37.88$ 10.18
Diluted (in USD per share)$ 33.44$ 37.44$ 10.03
Weighted-average common shares outstanding:   
Basic (in shares)20,25416,67214,240
Diluted (in shares)20,78316,86714,464
Oil sales   
Revenues:   
Total revenues$ 1,328,518$ 1,351,207$ 805,448
NGL sales   
Revenues:   
Total revenues136,901234,613191,591
Natural gas sales   
Revenues:   
Total revenues63,214208,554150,104
Purchased oil   
Revenues:   
Total revenues14,313119,408240,303
Costs and expenses:   
Costs of goods and services sold15,065122,118251,061
Other operating revenues   
Revenues:   
Total revenues4,6587,0146,629
Oil transportation and marketing expenses   
Costs and expenses:   
Costs of goods and services sold41,28453,69247,916
Gas gathering, processing and transportation expenses   
Costs and expenses:   
Costs of goods and services sold$ 2,013$ 0$ 0

LPI Balance Sheet

2023-12-31
Consolidated balance sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 14,061$ 44,435
Accounts receivable, net238,773163,369
Derivatives99,33624,670
Other current assets18,74913,317
Total current assets370,919245,791
Oil and natural gas properties, full cost method:  
Evaluated properties11,799,1559,554,706
Unevaluated properties not being depleted195,45746,430
Less: accumulated depletion and impairment(7,764,697)(7,318,399)
Oil and natural gas properties, net4,229,9152,282,737
Property, Plant and Equipment, Other, Net130,293127,803
Property and equipment, net4,360,2082,410,540
Derivatives51,07124,363
Operating lease right-of-use assets144,90023,047
Deferred income taxes188,8360
Other noncurrent assets, net33,64722,373
Total assets5,149,5812,726,114
Current liabilities:  
Accounts payable and accrued liabilities159,892102,516
Accrued capital expenditures91,93748,378
Undistributed revenue and royalties194,307160,023
Derivatives05,960
Operating lease liabilities70,65115,449
Other current liabilities78,80282,950
Total current liabilities595,589415,276
Long-term debt, net1,609,4241,113,023
Asset retirement obligations81,68070,366
Operating lease liabilities71,3439,435
Other noncurrent liabilities6,2887,268
Total liabilities2,364,3241,615,368
Commitments and contingencies
Stockholders' equity:  
Preferred stock, $0.01 par value, 50,000,000 shares authorized and 595,104 and zero issued as of December 31, 2023 and 2022, respectively60
Common stock, $0.01 par value, 80,000,000 and 40,000,000 shares authorized, and 35,413,551 and 16,762,127 issued and outstanding as of December 31, 2023 and 2022, respectively354168
Additional paid-in capital3,733,7752,754,085
Accumulated deficit(948,878)(1,643,507)
Total stockholders' equity2,785,2571,110,746
Total liabilities and stockholders' equity$ 5,149,581$ 2,726,114

About Laredo Petroleum Inc

LPI
0
 WEBSITElaredopetro.com

Laredo Petroleum Inc Frequently Asked Questions

What is the ticker symbol for Laredo Petroleum Inc? What does LPI stand for in stocks?

LPI is the stock ticker symbol of Laredo Petroleum Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Laredo Petroleum Inc (LPI)?

As of Tue Apr 23 2024, market cap of Laredo Petroleum Inc is 2.03 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LPI stock?

You can check LPI's fair value in chart for subscribers.

What is the fair value of LPI stock?

You can check LPI's fair value in chart for subscribers. The fair value of Laredo Petroleum Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Laredo Petroleum Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LPI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Laredo Petroleum Inc a good stock to buy?

The fair value guage provides a quick view whether LPI is over valued or under valued. Whether Laredo Petroleum Inc is cheap or expensive depends on the assumptions which impact Laredo Petroleum Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LPI.

What is Laredo Petroleum Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, LPI's PE ratio (Price to Earnings) is 2.92 and Price to Sales (PS) ratio is 1.31. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LPI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Laredo Petroleum Inc's stock?

In the past 10 years, Laredo Petroleum Inc has provided -0.208 (multiply by 100 for percentage) rate of return.