NYSE
LPI

Laredo Petroleum Holdings Inc

Oil & Gas
Energy

Prices are adjusted according to historical splits.

Laredo Petroleum Holdings Inc Stock Price

Vitals

Today's Low:
$48.02
Today's High:
$50.09
Open Price:
$48.76
52W Low:
$45.66
52W High:
$79.92
Prev. Close:
$49.41
Volume:
814641

Company Statistics

Market Cap.:
$808.56 million
Book Value:
60.442
Revenue TTM:
$2.03 billion
Operating Margin TTM:
43.22%
Gross Profit TTM:
$919.04 million
Profit Margin:
35.99%
Return on Assets TTM:
21.62%
Return on Equity TTM:
119.14%

Company Profile

Laredo Petroleum Holdings Inc had its IPO on 2011-12-15 under the ticker symbol LPI.

The company operates in the Energy sector and Oil & Gas industry. Laredo Petroleum Holdings Inc has a staff strength of 273 employees.

Stock update

Shares of Laredo Petroleum Holdings Inc opened at $48.76 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $48.02 - $50.09, and closed at $48.61.

This is a -1.62% slip from the previous day's closing price.

A total volume of 814,641 shares were traded at the close of the day’s session.

In the last one week, shares of Laredo Petroleum Holdings Inc have slipped by -10.64%.

Laredo Petroleum Holdings Inc's Key Ratios

Laredo Petroleum Holdings Inc has a market cap of $808.56 million, indicating a price to book ratio of 0.894 and a price to sales ratio of 0.4364.

In the last 12-months Laredo Petroleum Holdings Inc’s revenue was $2.03 billion with a gross profit of $919.04 million and an EBITDA of $1.18 billion. The EBITDA ratio measures Laredo Petroleum Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Laredo Petroleum Holdings Inc’s operating margin was 43.22% while its return on assets stood at 21.62% with a return of equity of 119.14%.

In Q4, Laredo Petroleum Holdings Inc’s quarterly earnings growth was a positive 134.6% while revenue growth was a positive 22.4%.

Laredo Petroleum Holdings Inc’s PE and PEG Ratio

Forward PE
1.7053
Trailing PE
1.0746
PEG
0.0418

Its diluted EPS in the last 12-months stands at $44.75 per share while it has a forward price to earnings multiple of 1.7053 and a PEG multiple of 0.0418. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Laredo Petroleum Holdings Inc’s profitability.

Laredo Petroleum Holdings Inc stock is trading at a EV to sales ratio of 0.9997 and a EV to EBITDA ratio of 1.7181. Its price to sales ratio in the trailing 12-months stood at 0.4364.

Laredo Petroleum Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$2.73 billion
Total Liabilities
$415.28 million
Operating Cash Flow
$-32477000.00
Capital Expenditure
$138.75 million
Dividend Payout Ratio
0%

Laredo Petroleum Holdings Inc ended 2024 with $2.73 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.73 billion while shareholder equity stood at $1.11 billion.

Laredo Petroleum Holdings Inc ended 2024 with $0 in deferred long-term liabilities, $415.28 million in other current liabilities, 168000.00 in common stock, $-1643507000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $44.44 million and cash and short-term investments were $44.44 million. The company’s total short-term debt was $15,449,000 while long-term debt stood at $1.11 billion.

Laredo Petroleum Holdings Inc’s total current assets stands at $245.79 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $163.37 million compared to accounts payable of $102.52 million and inventory worth $6.07 million.

In 2024, Laredo Petroleum Holdings Inc's operating cash flow was $-32477000.00 while its capital expenditure stood at $138.75 million.

Comparatively, Laredo Petroleum Holdings Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$48.61
52-Week High
$79.92
52-Week Low
$45.66
Analyst Target Price
$84

Laredo Petroleum Holdings Inc stock is currently trading at $48.61 per share. It touched a 52-week high of $79.92 and a 52-week low of $79.92. Analysts tracking the stock have a 12-month average target price of $84.

Its 50-day moving average was $51.94 and 200-day moving average was $66.17 The short ratio stood at 3.78 indicating a short percent outstanding of 0%.

Around 658.7% of the company’s stock are held by insiders while 8560.4% are held by institutions.

Frequently Asked Questions About Laredo Petroleum Holdings Inc

The stock symbol (also called stock or share ticker) of Laredo Petroleum Holdings Inc is LPI

The IPO of Laredo Petroleum Holdings Inc took place on 2011-12-15

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About

Laredo Petroleum, Inc., an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company sells oil, natural gas liquids, and natural gas. As of December 31, 2021, it had assembled 166,064 net acres in the Permian Basin; and had total proved undeveloped reserves of 86,592 thousand barrels of oil equivalent. The company was formerly known as Laredo Petroleum Holdings, Inc. and changed its name to Laredo Petroleum, Inc. in December 2013. Laredo Petroleum, Inc. was incorporated in 2006 and is headquartered in Tulsa, Oklahoma.

Address

15 West Sixth Street, Tulsa, OK, United States, 74119