LPI - Laredo Petroleum, Inc.

NYSE - NYSE Delayed Price. Currency in USD
2.8800
+0.0700 (+2.49%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close2.8100
Open2.8800
Bid2.8800 x 3000
Ask3.0400 x 3000
Day's Range2.8100 - 2.9600
52 Week Range2.4000 - 10.4300
Volume4,926,049
Avg. Volume5,230,048
Market Cap664.307M
Beta (3Y Monthly)1.37
PE Ratio (TTM)2.91
EPS (TTM)0.9900
Earnings DateJul 30, 2019 - Aug 5, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est4.95
Trade prices are not sourced from all markets
  • PR Newswire2 days ago

    EnerCom Announces Further Presenting Companies at The Oil & Gas Conference® 2019

    70+ oil & gas industry management teams will discuss 2019-2020 operations at EnerCom's 24th Denver energy investment conference DENVER , June 25, 2019 /PRNewswire/ -- The oil and gas companies presenting ...

  • Here’s What Hedge Funds Think About Laredo Petroleum Inc (LPI)
    Insider Monkey7 days ago

    Here’s What Hedge Funds Think About Laredo Petroleum Inc (LPI)

    Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]

  • Morningstar8 days ago

    7 Cheap Stocks for Risk-Takers

    Nik Wallenda is at it again. This weekend, Wallenda and his sister will be taking a 1,300 foot stroll across New York's Time Square. But this isn't just any stroll: They'll be walking 25 stories above the ground on a high wire, without harnesses or a net beneath them.

  • Is Laredo Petroleum (LPI) Stock Undervalued Right Now?
    Zacks9 days ago

    Is Laredo Petroleum (LPI) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Morningstar17 days ago

    With Oil Prices Tanking, We See Values

    West Texas Intermediate crude oil has fallen from over $65 a barrel in late April to about $54/bbl today, a hair below our midcycle forecast of $55/bbl. The decline in crude prices has erased most of the E&P companies' gains from earlier in the year, when fundamentals were supported by strong compliance with steep OPEC cuts. Debottlenecking in the United States has since enabled shale producers to resume their rapid growth, however, while trade fears increasingly threaten to stymie demand.

  • Why Oil Stocks Are Tumbling Today
    Motley Fool22 days ago

    Why Oil Stocks Are Tumbling Today

    Crude prices are falling off once again.

  • Should Value Investors Pick Laredo Petroleum (LPI) Stock Now?
    Zackslast month

    Should Value Investors Pick Laredo Petroleum (LPI) Stock Now?

    Let's see if Laredo Petroleum (LPI) stock is a good choice for value-oriented investors right now from multiple angles.

  • Investors Who Bought Laredo Petroleum (NYSE:LPI) Shares Five Years Ago Are Now Down 88%
    Simply Wall St.2 months ago

    Investors Who Bought Laredo Petroleum (NYSE:LPI) Shares Five Years Ago Are Now Down 88%

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! It's nice to see the Laredo Petroleum, Inc. (NYSE:LPI) share price up 17% in a week. But will...

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of LPI earnings conference call or presentation 2-May-19 12:30pm GMT

    Q1 2019 Laredo Petroleum Inc Earnings Call

  • Laredo Petroleum (LPI) Q1 2019 Earnings Call Transcript
    Motley Fool2 months ago

    Laredo Petroleum (LPI) Q1 2019 Earnings Call Transcript

    LPI earnings call for the period ending March 31, 2019.

  • Why Laredo Petroleum (LPI) Might be Well Poised for a Surge
    Zacks2 months ago

    Why Laredo Petroleum (LPI) Might be Well Poised for a Surge

    Laredo Petroleum (LPI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

  • Laredo Petroleum (LPI) Tops Q1 Earnings and Revenue Estimates
    Zacks2 months ago

    Laredo Petroleum (LPI) Tops Q1 Earnings and Revenue Estimates

    Laredo Petroleum (LPI) delivered earnings and revenue surprises of 20.00% and 10.66%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press2 months ago

    Laredo Petroleum: 1Q Earnings Snapshot

    On a per-share basis, the Tulsa, Oklahoma-based company said it had a loss of 4 cents. Earnings, adjusted for non-recurring costs, came to 12 cents per share. The results exceeded Wall Street expectations. ...

  • GlobeNewswire2 months ago

    Laredo Petroleum Announces 2019 First-Quarter Financial and Operating Results and Updates Full-Year 2019 Operating Plan

    TULSA, OK, May 01, 2019 -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or "the Company") today announced its 2019 first-quarter results, reporting a net loss attributable to.

  • 5 Cheap Energy Stocks to Buy Under $10
    InvestorPlace2 months ago

    5 Cheap Energy Stocks to Buy Under $10

    A little bit of profit taking has descended on Wall Street after the S&P 500 hit a new record closing high earlier in the week. All is normal and typical behavior after such an impressive move out of the late December low.Energy stocks continue to be an area of warmth and light as crude oil prices push toward the $70-a-barrel level on increased tensions with Iran following President Trump's decision to further tighten the vice on Tehran's oil exports. His Administration announced that exemptions that allowed trading partners to import Iranian oil would be ended. All this comes as the summer driving season is set to start. * 10 Automation Stocks to Buy for the 21st Century As a result, a number of names in the energy sector are perking up. Especially smaller, cheaper names that have really yet to follow crude oil's push back above its 200-day moving average. Here are five energy stocks trading for less than $10 that are worth a look:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Transocean (RIG) Click to EnlargeShares of Transocean (NYSE:RIG) are holding steady above their 50-day moving average, setting up a push to challenge the 200-day moving average that was last crossed back in September. A return to the triple-top resistance set late last year would be worth a gain of more than 60% from here.The company will next report results on April 29 after the close. Analysts are looking for a loss of 29 cents per share on revenues of $751.3 million. When the company last reported on Feb. 19, a loss of 34 cents per share missed estimates by 10 cents on an 18.9% rise in revenues. Callon Petroleum (CPE) Click to EnlargeShares of Callon Petroleum (NYSE:CPE) look set to exit out of a four-month consolidation range with a break above resistance near the $8.50-a-share level. Watch for a run at the 200-day moving average, which would be worth a gain of nearly 20% from here. Earlier this month, the company agreed to sell non-core assets in the Midland Basin for $260 million in cash. * 7 Cloud Stocks to Buy Now The company will next report results on May 6 after the close. Analysts are looking for earnings of 15 cents per share on revenues of $151.4 million. When the company last reported on Feb. 26, earnings of 68 cents per share beat estimates by 48 cents on a 37% rise in revenues. Denbury Resources (DNR) Click to EnlargeShares of Denbury Resources (NYSE:DNR) are arcing up and out of a six-month consolidation range, setting up a move to fill the selloff gap formed in late October that would coincide with a move above its 200-day moving average. Zooming out, the stock has been mired in a churning consolidation range since late 2015, so a rotation back to overhead resistance near $4.50 should be expected.The company will next report results on May 7 before the bell. Analysts are looking for earnings of 8 cents per share on revenues of $307 million. When the company last reported on Feb. 27, earnings of 10 cents per share beat estimates by a penny on a 4.7% rise in revenues. Oasis Petroleum (OAS) Click to EnlargeOasis Petroleum (NYSE:OAS) shares look ready to break up and out of a five-month consolidation range with a move above its January high. This comes despite a downgrade from IFS Securities earlier in the week. Watch for a run at the 200-day moving average, lost back in October, which would be worth a gain of nearly 40% from here. * 7 Reasons the Stock Market's Record Closing Isn't the End of the Rally The company will next report results on May 28 after the close. Analysts are looking for earnings of 4 cents per share on revenues of $421.7 million. When the company last reported on Feb. 26, a loss of 2 cents per share missed estimates by 6 cents on a 37.9% rise in revenues. Laredo Petroleum (LPI) Click to EnlargeShares of Laredo Petroleum (NYSE:LPI) are mired in a tight but still tightening consolidation range going back to December. This caps an 80%+ decline from the highs seen in late 2016. Watch for an energy price tailwind to drive shares to a challenge of its 200-day moving average, which would be worth a gain of nearly 70% from here. Management is in the midst of a cost-cutting plan, slicing labor costs by 25%.The company will next report results on May 1 after the close. Analysts are looking for earnings of 9 cents per share on revenues of $185.1 million. When the company last reported on Feb. 13, earnings of 16 cents per share missed estimates by 6 cents on a 10.4% decline in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks That Could Double Over the Next Five Years * 6 S&P 500 Stocks Ready to Break Out * 5 Mining ETFs to Dig Into Compare Brokers The post 5 Cheap Energy Stocks to Buy Under $10 appeared first on InvestorPlace.

  • GlobeNewswire2 months ago

    Laredo Petroleum Names Mikell J. Pigott as President and Announces CEO Succession Plan

    Laredo Petroleum, Inc. (LPI) ("Laredo" or the "Company") today announced that the Company has named Mikell J. ("Jason") Pigott as its new President and a member of the Board of Directors, effective May 28, 2019. Mr. Pigott will succeed Randy A. Foutch as Laredo’s Chief Executive Officer during the fourth quarter of 2019. "Jason’s appointment is the culmination of a comprehensive succession planning process that has been years in the making and that we began implementing in October of 2018," stated Randy A. Foutch, Chairman and Chief Executive Officer.

  • Earnings Preview: Laredo Petroleum (LPI) Q1 Earnings Expected to Decline
    Zacks2 months ago

    Earnings Preview: Laredo Petroleum (LPI) Q1 Earnings Expected to Decline

    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.

  • GlobeNewswire2 months ago

    Laredo Petroleum Schedules First-Quarter 2019 Earnings Conference Call for May 2 and Provides Commodity Derivatives Update

    Laredo Petroleum, Inc. (LPI) ("Laredo" or the "Company") will host a conference call on Thursday, May 2, 2019 to discuss its first-quarter 2019 financial and operating results. The Company also announces preliminary results for its commodity derivatives for first-quarter 2019 and its basic and diluted weighted-average shares outstanding. Laredo plans to release first-quarter 2019 earnings on Wednesday, May 1, 2019 after the market close and the Company will host a conference call on Thursday, May 2, 2019 at 7:30 a.m. CT (8:30 a.m. ET) to discuss its first-quarter 2019 financial and operating results.

  • Chevron Deal Pushed Anadarko Higher Last Week
    Market Realist2 months ago

    Chevron Deal Pushed Anadarko Higher Last Week

    Energy Sector: Key Highlights from Last Week(Continued from Prior Part)Energy stocksIn the week ending on April 12, upstream stock Anadarko Petroleum (APC) rose the most among the stocks in the energy space. The stocks are included in the

  • Oilprice.com3 months ago

    Shale Jobs In Jeopardy Despite Oil Price Rally

    Oil prices continue to rally, but not all is well in the U.S. shale patch as drillers are facing both operational issues and have laid off hundreds of people

  • Reuters3 months ago

    U.S. shale producers turn to jobs cuts as investor pressures mount

    Having slashed spending plans and run out of willing buyers for assets, some U.S. shale producers are turning to workforce cuts as investors step up demands for returns. Pioneer Natural Resources Co, one of the largest producers in the Permian Basin of West Texas and New Mexico, and Laredo Petroleum Inc another Permian producer, this week disclosed plans to shed workers. Irving, Texas-based Pioneer declined to say how many of its about 3,200 employees would be cut.

  • Rigzone.com3 months ago

    Laredo Petroleum Cuts Staff by 20 Percent

    The Tulsa, Oklahoma-based independent said the cuts are part of a bigger plan to cut company costs.

  • GlobeNewswire3 months ago

    Laredo Petroleum Announces Reduction of Personnel Costs by ~25%

    Laredo Petroleum, Inc. (LPI) ("Laredo" or "the Company") today announced the Company has taken measures to align the Company's cost structure with operational activity, reducing combined cash and non-cash general and administrative expenses and capitalized employee costs by approximately 25% on an annualized basis. Separately, the Company announced the promotion of Michael T. Beyer to Senior Vice President and Chief Financial Officer, immediately replacing Richard C. Buterbaugh.

  • Insider Monkey3 months ago

    Here’s Why These Stocks Are Trending

    It's Monday and multiple entertainment companies along with one energy company is trending. Specifically, traders are watching more closely Sony Corporation (NYSE:SNE), Amazon.com Inc. (NASDAQ:AMZN), Netflix Inc. (NASDAQ:NFLX), Laredo Petroleum Inc. (NYSE:LPI), and AMC Entertainment Holdings Inc. Class A (NYSE:AMC). Let's analyze why each stock is trending and how some hedge funds are positioned among them. […]