|Bid||6.0400 x 1200|
|Ask||6.0500 x 1200|
|Day's Range||6.0100 - 6.5200|
|52 Week Range||6.0100 - 12.6500|
|Beta (3Y Monthly)||2.36|
|PE Ratio (TTM)||2.67|
|Earnings Date||Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.93|
Laredo Petroleum, Inc. (LPI) ("Laredo" or the "Company") will host a conference call on Tuesday, November 6, 2018 to discuss its third-quarter 2018 financial and operating results. The Company also announces preliminary results for its commodity derivatives for third-quarter 2018 and its basic and diluted weighted-average shares outstanding. Laredo plans to release third-quarter 2018 earnings on Monday, November 5, 2018 after the market close and the Company will host a conference call on Tuesday, November 6, 2018 at 7:30 a.m. CT (8:30 a.m. ET) to discuss its third-quarter 2018 financial and operating results.
Crude oil is holding steady at $80 per barrel (Brent crude) in the aftermath of the disappearance of Saudi journalist Jamal Khashoggi and calls for Saudi Arabia to explain the situation. During a Bloomberg interview in London at the Oil & Money Conference, Ian Taylor, chairman of Vitol Group, one of the largest privately held crude oil traders, issued a bearish statement on oil prices, suggesting that the commodity could trade $10-$15 lower per barrel from current prices by 2019, rather than trading up. Taylor bases his forecast on two premises: there's already plenty of oil available in the market and as crude oil rallies there could be demand destruction, particularly from emerging economies that are sensitive to commodity prices and currency fluctuations.
NEW YORK, Oct. 15, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
The Houston-based company is working with an adviser on an auction process, said the people, who asked to not be identified because the matter isn’t public. Laredo in recent weeks has opened a so-called data room, a secure online site where suitors can review sensitive financial information before making offers, the people said. Several private equity firms are considering bids, they said.
Southwestern Energy (SWN), a natural gas–weighted exploration and production company focused in the Appalachian Basin, was the strongest upstream stock in the week ending September 21. Southwestern Energy rallied 15.7% last week. The rally could be attributed to the gains in natural gas prices. Overall, Southwestern Energy has gained 3.0% since the beginning of this year.
Laredo Petroleum (LPI), a pure play Permian-focused E&P company, is on a roll today. LPI stock is up more than 9.0% on strong volumes. In contrast, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is up ~1.5%.
NEW YORK , Sept. 11, 2018 /PRNewswire/ -- S&P MidCap 400 constituent WellCare Health Plans, Inc. (NYSE: WCG) will replace XL Group (NYSE: XL) in the S&P 500, S&P SmallCap 600 constituent HealthEquity Inc. ...
This article is intended for those of you who are at the beginning of your investing journey and want to start learning about core concepts of fundamental analysis on practicalRead More...
NEW YORK, NY / ACCESSWIRE / September 10, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Laredo Petroleum, Inc. (LPI), an independent energy company in the United States. The company engages in the acquisition, exploration, and development of oil and natural gas properties. In the second quarter of 2018, Laredo contracted firm transportation to the Gulf Coast on the Gray Oak crude oil pipeline, which is expected to begin transporting crude oil in the fourth quarter of 2019.
NEW YORK, Aug. 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Acushnet ...
Laredo Petroleum (LPI) delivered earnings and revenue surprises of -7.41% and 69.63%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The Tulsa, Oklahoma-based company said it had net income of 14 cents per share. Earnings, adjusted for non-recurring costs, came to 25 cents per share. The results did not meet Wall Street expectations. ...
TULSA, OK, Aug. 01, 2018-- Laredo Petroleum, Inc. today announced its 2018 second-quarter results, reporting net income attributable to common stockholders of $33.5 million, or $0.14 per diluted share. ...
Outages in Libya have threatened to offset the production increases that OPEC+ agreed to in Vienna, but Russia and Saudi Arabia have been quick to assure markets that they are committed to keeping oil markets supplied
Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Laredo Petroleum Inc (NYSE:LPI) with a market-capitalization of US$2.13b, rarely draw their attention. However, generally ignored mid-capsRead More...
Check out the companies making headlines after the bell: Shares of Red Hat RHT plummeted more than 11 percent in extended-hours trading, after the company reported better than expected first quarter earnings and revenue , but reported weak guidance.
To conclude our series, we’ll discuss analysts’ recommendations for this year’s weakest upstream stocks. Of the nine analysts covering Halcon Resources (HK) on June 12, one recommended “strong buy,” six recommended “buy,” and two recommended “hold.” There were no “sell” or “strong sell” recommendations. Analysts’ median price target for HK is $9.50, ~122% higher than its June 12 closing price of $4.27.
In this part, we’ll look at hedge funds’ positions in the weakest upstream stocks of the year. In the first quarter, 28 hedge funds bought (either created a new position or added to their existing position) Halcon Resources (HK) stock, and 26 hedge funds sold (either closed or reduced their position) HK stock. Of the 42 13F-filing hedge funds with HK in their portfolio, three had HK in their top ten holdings. During the quarter, the funds increased their aggregate HK holdings by 18.4%, from ~55.2 million shares to ~65.3 million.