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

April 17, 2018 - By wolcottdaily

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.
Sg Americas Llc reported 111,590 shares. Principal has 26,922 shares. Virginia Retirement Systems Et Al has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). State Of Alaska Department Of Revenue invested in 11,600 shares or 0% of the stock. Millennium Mgmt Limited Liability Com owns 8.63 million shares. Swiss Natl Bank accumulated 264,500 shares or 0% of the stock. Employees Retirement Association Of Colorado has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). 61,100 were accumulated by Renaissance Technology Limited Company. The California-based Schwab Charles Investment Mgmt has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). Tph Asset Mngmt Ltd Llc holds 1.04M shares. Deutsche Retail Bank Ag owns 3.43 million shares for 0.02% of their portfolio. Us Bank & Trust De stated it has 200 shares or 0% of all its holdings. Legal & General Gp Public Limited has 62,768 shares. Manufacturers Life Insurance The accumulated 7,542 shares or 0% of the stock. Ws Lllp holds 1.88% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI) for 6.02M shares.

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 Monday, November 20. JP Morgan downgraded the stock to “Underweight” rating in Friday, December 15 report. BMO Capital Markets maintained Laredo Petroleum, Inc. (NYSE:LPI) rating on Thursday, January 11. BMO Capital Markets has “Hold” rating and $12.0 target. The company was maintained on Tuesday, January 9 by Piper Jaffray. The firm earned “Hold” rating on Monday, December 11 by Credit Suisse. The firm earned “Sell” rating on Friday, December 15 by J.P. Morgan. The firm has “Market Perform” rating given on Thursday, November 2 by BMO Capital Markets. The firm has “Hold” rating given on Wednesday, October 18 by Williams Capital Group. Robert W. Baird reinitiated it with “Outperform” rating and $14 target in Tuesday, December 19 report. The rating was maintained by BMO Capital Markets on Monday, March 12 with “Hold”.

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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