Advertisement
Advertisement
U.S. Markets close in 3 hrs 13 mins
Advertisement
Advertisement
Advertisement
Advertisement

Laredo Petroleum, Inc. (LPI)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
55.99-0.98 (-1.72%)
As of 12:45PM EST. Market open.
Advertisement
Sign in to post a message.
  • G
    Grateful
    $CPE conversation
    So far, even in the face of reports that 0micron has mild symptoms, the fear mongering about this variant seems more organized and feverish than what happened During the Delta scare. Whoever is behind this might feel like they blew the opportunity when Delta came along (no special booster etc.) but they're ready this time. No sooner was 0micron reported than Moderna was announcing that they would reformulate a booster to cover it.

    Remember, everything that we've hear is that 0micron is mild with a couple days of body aches. I just saw a doctor, Wes Ely (Vanderbilt University Co-Director of the Critical Illness, Brain Dysfunction and Survivorship Center) saying "Prepare for a 'more contagious' virus". And he adds in irrelevant information about the "effects of 'long-COVID' and assesses what the Omicron variant's impact might be".

    He also worded things as negatively as possible like "I don't know if it's going to be more severe of Illness, but..." He didn't say "I don't know if it will be more or less severe" or "so far the reports are that the symptoms are significantly less severe". Either would have been more appropriate than what he said and the second is definitely true. Instead, he erred on the side of making it sound worse. There's an agenda here.

    None of us knows what is happening behind the scenes but this coordinated effort to create fear is unsettling. It doesn't matter if the people on this board know that they're lying if everyone buys into it the market will go lower yet.

    I hope that I'm way off with this.

    $CDEV $RIG $LPI
  • D
    Drew C.
    Oil is up despite OPEC+ sticking with the +400k bpd per month plan. That's surprising but a good sign. Or maybe it's just "the market" thinking that Omicron will not be such a bad thing.
  • C
    Culture II
    I’m old enough to remember glad predicting a solid jobs report
  • D
    Drew C.
    EIA weekly oil stats show a net drawdown of US oil inventory of 2.9 million barrels, including the SPR. Even excluding the SPR (which drew down 2 million barrels, per government release) the commercial inventories drew down 0.9 million barrels.
  • G
    Grateful
    $CPE conversation
    The bottom may or may not be in. But if this 0micron is the same as Delta or less the news will get out one way or another. Don't expect to see the prices to fall as low as they did during peak of Delta scare. Highly unlikely.
    $CDEV $LPI $RIG
  • k
    k
    Goldman Sachs says oil prices are primed for gains despite Thursday’s decision by OPEC+ to proceed with planned production increases. It sees very clear upside risks to its forecast for Brent oil to average $85 a barrel in 2023.
  • P
    Pakalu Papito
    $CPE conversation
    Lolll Gladiator deleted his post again predicting solid job report and him loading up his truck again haha $lpi
  • N
    Normus
    $CPE conversation
    CPE a year ago 13.30 now 49.50
    LPI a year ago 15.80 now 56.14
    WLL a year ago 25.91 now 64.03

    Those are solid profits, and about my entry points, too many here looking to get rich fast and not play the game. Imagine where it will be in another year? Tech has made traders sheep, everyone wants it now and disregards fundamentals. This market is about played out, companies that actually turn profits will be back in favor very soon. Don't miss out on the next round all!

    $CPE $LPI $WLL
    Bullish
  • T
    TinCanSailor22
    Callon Petroleum Company
    Interesting that the new "variant" news drops literally a day after the SPR news. Probably just a coincidence. Very Interesting though....nothing to see here. No corruption or collusion. Matters none in the end because OPEC+ holds all the cards since they are the world's primary producers now since JB Administration crushed US domestic Oil & Gas. Oil is going to $100+ in 2022.......you can take that to the bank. $CPE $LPI $FANG $CVX
    Bullish
  • M
    M
    Patience is an under appreciated attribute: "In a new report on Monday, JPMorgan (JPM) warned clients that Brent crude oil will hit $125 a barrel next year and $150 in 2023, in large part because OPEC doesn't have nearly as much firepower to respond to high prices as many assume.
    "They don't have the barrels. It's a mirage," Christyan Malek, JPMorgan's head of oil and gas research and the lead author of the new report, told CNN in a phone interview."
  • k
    k
    "Purely" conjecture on my part, but my gut says the chance of the overall market and oil stocks falling (for a time) is greater than rising back up to recent highs. And note the hedge funds are taking their money off the table (per Goldman Sachs).
    Now what could cause a fall I can not say. WS requires the market to rise and fall to reap daily profits, and utilizes news (real, distorted and/or fabricated) to achieve that end. So the catalyst for a drop (or rise) could be any number of things.
  • D
    Drew C.
    It's safe to say that October and November have been brutal months for oil and gas stocks. I expect a strong new up-leg to begin in December, probably early December (i.e. as soon as tomorrow), but there's no guarantee on that.

    It just "feels" like it's time for a rally, and it's hard to see a reason to go any lower. And fundamentally it's hard to argue with the value in these stocks, even with the pullback in oil and gas prices.
  • N
    Nikki K
    Bought some LPI today so wish me luck!
  • T
    TruthM
    At least volume has been healthy. Last time share price dropped back down from its high to the 37 in August there were two days with volume over million shares. I noticed we know have a couple of similar days. Hope this is the turning point.
  • K
    Kayla
    “Nothing I have seen about this new variant warrants the extreme action the UK Government has taken in response to it. No one in South Africa is hospitalized
    .” - The doctor who identified the new variant.

    It’s also funny how this new variant comes suddenly after SPR release and when the Feds admit inflation isn’t transitory

    Idc what nobody says this is an coordinated attempt to lower oil price.

    Let’s see what OPEC says.
  • N
    Normus
    $CPE conversation
    Done deal after this AM, OPEC is going to act. Too much meddling in the market, they don't care about anything but green, and not the energy kind. Really sad we are in a place these days where OPEC is the sensible one....

    $WLL $CPE $LPI
    Bullish
  • m
    msw
    This administration will do anything to keep the price of oil down and the mainstream media is nothing more than another mouthpiece for them. Instilling fear in the people over this Omicron variant will help keep oil prices depressed. In my opinion, it's much ado about nothing and will pass relatively quickly. Be patient and stay the course. Our day will come!
  • D
    Drew C.
    LPI down 13% today, from the day's high to the current price. Incredible.
  • G
    Grateful
    $CPE conversation
    None of this back and forth between OPEC+ and Brandon or threats of a new 0m!cron variant changes reality. Oil consumption is going to be what it will be. When that reality hits home the price of WTI will react accordingly.
    $LPI $RIG $CDEV
  • C
    Culture II
    They say the hardest thing a person can do is forgive someone who isn’t sorry. Well, I forgive glad for laughing at me and the name calling when I sold in the mid 80’s
Advertisement
Advertisement