Laredo Petroleum Overview

  • Founded

  • 2006

Founded
  • Status

  • Public

  • Employees

  • 273

Employees
  • Stock Symbol

  • LPI

Stock Symbol
  • Investments

  • 12

  • Share Price

  • $66.80

  • (As of Friday Closing)

Laredo Petroleum General Information

Description

Laredo Petroleum is an independent oil and gas producer in the United States. It operates exclusively in the Permian (Midland) Basin. At the end of 2020, the company reported net proves reserves of 278 million barrels of oil equivalent. Net production averaged about 88 thousand barrels per day in 2020 at a ratio of 64% oil and natural gas liquids and 34% natural gas.

Contact Information

Website
www.laredopetro.com
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Energy Production
Other Industries
Energy Exploration
Stock Exchange
NYS
Primary Office
  • 15 West Sixth Street
  • Suite 900
  • Tulsa, OK 74119
  • United States
+1 (918) 000-0000

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Laredo Petroleum Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$66.80 $66.46 $36.25 - $120.86 $1.14B 17.1M 867K $32.21

Laredo Petroleum Financials Summary

In Thousands,
USD 		TTM 30-Jun-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 2,634,547 2,342,408 1,438,691 1,648,267
Revenue 1,942,025 1,394,075 677,192 837,281
EBITDA 970,696 486,551 (546,647) (6,302)
Net Income 528,873 145,008 (874,173) (342,459)
Total Assets 2,873,009 2,551,824 1,442,610 2,264,437
Total Debt 1,291,242 1,439,326 1,199,905 1,201,667
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Laredo Petroleum Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Laredo Petroleum Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Laredo Petroleum is an independent oil and gas producer in the United States. It operates exclusively in the Permian (Mi
Energy Production
Tulsa, OK
273 As of 2021
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Houston, TX
000 As of 0000
00.000
00000000 00.000

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000000 00000000000
Denver, CO
000 As of 0000
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Laredo Petroleum Competitors (52)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Callon Petroleum Corporation Houston, TX 000 00.000 00000000 00.000
0000000000 0000000 Formerly PE-Backed Denver, CO 000 00000 000000 - 000 00000
0000000 0000000 00 Formerly PE-Backed Irving, TX 0000 00.000 00000000000 00.000
00000000 000000000 Corporate Backed or Acquired Frisco, TX 000 00000 000000&0 00000
0000000000 000000 Corporation The Woodlands, TX 00 00000 000000000 00000
You’re viewing 5 of 52 competitors. Get the full list »

Laredo Petroleum Executive Team (18)

Name Title Board Seat Contact Info
Mikell Pigott Chief Executive Officer & Board Member
Michael Beyer Chief Financial Officer & Senior Vice President
Bryan Lemmerman Chief Financial Officer & Senior Vice President
Karen Chandler Chief Operating Officer, Operations & Senior Vice President
Brandon Brown Vice President and Chief Technology Officer
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Laredo Petroleum Board Members (17)

Name Representing Role Since
00000 0000000 00.0 Laredo Petroleum Board Member 000 0000
000000 000000 000 Self Board Member 000 0000
0000000 000000 00000 Laredo Petroleum Board Member 000 0000
000000 0000000000000 00 Self Board Member 000 0000
0000 0000000 Self Board Member 000 0000
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Laredo Petroleum Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Laredo Petroleum Investments & Acquisitions (12)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 00000 18-Oct-2021 000000000 00000 Other Energy
000000 000000 01-Jul-2021 0000000000 00000 Energy Exploration
0000000 00000 12-Dec-2020 000000000 00000 Buildings and Property
000000 000000 06-Dec-2019 000000000 000.00 Buildings and Property
Bolt-On Midland Basin 14-Jul-2016 Corporate Asset Purchase 00000 Buildings and Property 00000 000
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Laredo Petroleum Exits (3)

Company Name Exit Date Exit Type Exit Size Status Buyers
000000 000000 01-Apr-2016 00000 0000000 00000 Completed
  • 2 buyers
000000000 00000000 04-Jan-2013 000000000 00000000 Completed
  • 000000 000000000
Linn Energy (Verden Assets) 11-Sep-2008 Buyout/LBO 00000 Completed
  • 2 buyers
To view Laredo Petroleum’s complete exits history, request access »