Laredo Petroleum, Inc. (LPI) EPS Estimated At $0.25

April 17, 2018 - By Darrin Black

Laredo Petroleum, Inc. (NYSE:LPI) LogoInvestors sentiment increased to 1.39 in 2017 Q4. Its up 0.19, from 1.2 in 2017Q3. It improved, as 17 investors sold Laredo Petroleum, Inc. shares while 40 reduced holdings. 29 funds opened positions while 50 raised stakes. 251.28 million shares or 1.13% less from 254.15 million shares in 2017Q3 were reported.
Moreover, Amalgamated Fincl Bank has 0.01% invested in Laredo Petroleum, Inc. (NYSE:LPI) for 32,410 shares. Raymond James holds 16,966 shares or 0% of its portfolio. Bnp Paribas Arbitrage Sa stated it has 0.01% in Laredo Petroleum, Inc. (NYSE:LPI). 4,167 were accumulated by Parallax Volatility Advisers Ltd Partnership. 304,856 are held by Wells Fargo & Communication Mn. Pnc Ser holds 7,214 shares or 0% of its portfolio. Icon Advisers Inc stated it has 483,150 shares. Employees Retirement Systems Of Ohio stated it has 0% in Laredo Petroleum, Inc. (NYSE:LPI). State Of Wisconsin Board invested in 33,008 shares. Teacher Retirement System Of Texas owns 52,239 shares for 0% of their portfolio. Aqr Capital Limited Liability Co holds 0.02% or 1.48 million shares. Point72 Asset Management L P owns 675,000 shares or 0.03% of their US portfolio. 396,976 are held by Tortoise Capital Lc. Gradient Invs Ltd Liability holds 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI) for 3 shares. Voya Inv Mngmt Limited Co reported 1.08M shares stake.

Analysts expect Laredo Petroleum, Inc. (NYSE:LPI) to report $0.25 EPS on May, 2.They anticipate $0.15 EPS change or 150.00 % from last quarter’s $0.1 EPS. LPI’s profit would be $59.49 million giving it 9.62 P/E if the $0.25 EPS is correct. After having $0.19 EPS previously, Laredo Petroleum, Inc.’s analysts see 31.58 % EPS growth. The stock increased 0.73% or $0.07 during the last trading session, reaching $9.62. About 884,135 shares traded. Laredo Petroleum, Inc. (NYSE:LPI) has declined 35.20% since April 17, 2017 and is downtrending. It has underperformed by 46.75% the S&P500.

Laredo Petroleum, Inc. (NYSE:LPI) Ratings Coverage

Among 12 analysts covering Laredo Petroleum (NYSE:LPI), 4 have Buy rating, 3 Sell and 5 Hold. Therefore 33% are positive. Laredo Petroleum had 19 analyst reports since October 18, 2017 according to SRatingsIntel. The firm has “Buy” rating by Piper Jaffray given on Tuesday, January 30. Credit Suisse initiated Laredo Petroleum, Inc. (NYSE:LPI) rating on Monday, December 11. Credit Suisse has “Hold” rating and $12.0 target. As per Thursday, March 8, the company rating was maintained by Bank of America. As per Thursday, November 2, the company rating was maintained by BMO Capital Markets. The stock of Laredo Petroleum, Inc. (NYSE:LPI) earned “Sell” rating by J.P. Morgan on Friday, December 15. The rating was reinitiated by Robert W. Baird on Tuesday, December 19 with “Outperform”. The stock of Laredo Petroleum, Inc. (NYSE:LPI) has “Hold” rating given on Thursday, January 11 by BMO Capital Markets. The company was maintained on Tuesday, March 13 by Stephens. JP Morgan downgraded Laredo Petroleum, Inc. (NYSE:LPI) on Friday, December 15 to “Underweight” rating. The firm has “Overweight” rating by Barclays Capital given on Monday, November 20.

Laredo Petroleum, Inc. operates as an independent energy firm in the United States. The company has market cap of $2.29 billion. It operates through two divisions, Exploration and Production of Oil and Natural Gas Properties; and Midstream and Marketing. It has a 4.2 P/E ratio. It focuses on the acquisition, exploration, and development of oil and natural gas properties; and the transportation of oil and natural gas primarily in the Permian Basin in West Texas, as well as rig fuel, natural gas lift, and water delivery and takeaway services.

Laredo Petroleum, Inc. (NYSE:LPI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: