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.
Research context
Laredo Petroleum Holdings Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Energy
- Industry
- Oil & Gas
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5 years, 7 months ago
Laredo Petroleum, Inc is currently in a long term uptrend where the price is trading 125.5% above its 200 day moving average.
From a valuation standpoint, the stock is 92.5% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.6.
Laredo Petroleum, Inc's total revenue sank by 13.8% to $188M since the same quarter in the previous year.
Its net income has increased by 31.4% to $-166M since the same quarter in the previous year.
Finally, its free cash flow grew by 114.7% to $27M since the same quarter in the previous year.
Based on the above factors, Laredo Petroleum, Inc gets an overall score of 4/5.