$0.25 EPS Expected for Laredo Petroleum, Inc. (LPI)

April 17, 2018 - By Robert Sims

Laredo Petroleum, Inc. (NYSE:LPI) LogoInvestors sentiment increased to 1.39 in Q4 2017. 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.
Geode Cap Mngmt Ltd Liability Corporation has invested 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI). Raymond James Service Advisors reported 29,209 shares stake. Menta Cap Limited Liability Company reported 35,446 shares stake. Jefferies Grp Inc Ltd Liability Corporation holds 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI) for 34,531 shares. Strs Ohio invested in 177,750 shares or 0.01% of the stock. Bnp Paribas Arbitrage invested 0.01% in Laredo Petroleum, Inc. (NYSE:LPI). Piermont Mgmt invested in 181,060 shares or 0.63% of the stock. Tiaa Cref Invest Ltd Company reported 364,907 shares. First Quadrant Lp Ca reported 1.07M shares or 0.21% of all its holdings. Tower Research Capital Limited Liability Corporation (Trc) has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). Us National Bank & Trust De invested 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI). Cardinal Limited Liability Corporation Ct reported 1.82M shares. Boothbay Fund Management Ltd Llc reported 0.02% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI). Public Employees Retirement Association Of Colorado accumulated 36,263 shares. Van Eck Assoc Corp stated it has 0.19% in Laredo Petroleum, Inc. (NYSE:LPI).

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. As per Monday, January 29, the company rating was maintained by Stifel Nicolaus. The firm has “Market Perform” rating by BMO Capital Markets given on Thursday, November 2. Williams Capital Group maintained it with “Hold” rating and $13.0 target in Thursday, January 25 report. On Thursday, January 11 the stock rating was maintained by BMO Capital Markets with “Hold”. The rating was downgraded by J.P. Morgan on Friday, December 15 to “Sell”. The firm has “Buy” rating given on Tuesday, January 9 by Piper Jaffray. Williams Capital Group maintained it with “Hold” rating and $11.0 target in Thursday, February 15 report. The firm has “Buy” rating by Robert W. Baird given on Monday, April 2. The firm earned “Hold” rating on Monday, March 12 by BMO Capital Markets. The stock of Laredo Petroleum, Inc. (NYSE:LPI) has “Hold” rating given on Tuesday, March 13 by Stephens.

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

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