Company Quick10K Filing
Laredo Petroleum
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 237 $603
10-K 2020-02-13 Annual: 2019-12-31
10-Q 2019-11-06 Quarter: 2019-09-30
10-Q 2019-11-12 Quarter: 2019-09-30
10-Q 2019-08-13 Quarter: 2019-06-30
10-Q 2019-08-01 Quarter: 2019-06-30
10-Q 2019-05-02 Quarter: 2019-03-31
10-Q 2019-05-14 Quarter: 2019-03-31
10-K 2019-03-12 Annual: 2018-12-31
10-K 2019-02-14 Annual: 2018-12-31
10-Q 2018-11-13 Quarter: 2018-09-30
10-Q 2018-08-14 Quarter: 2018-06-30
10-Q 2018-05-15 Quarter: 2018-03-31
10-K 2018-04-02 Annual: 2017-12-31
10-Q 2017-11-21 Quarter: 2017-09-30
8-K 2020-03-23 Regulation FD, Exhibits
8-K 2020-02-26 Officers, Regulation FD, Exhibits
8-K 2020-02-21 Officers, Exhibits
8-K 2020-02-12 Earnings, Regulation FD, Exhibits
8-K 2020-01-28 Earnings
8-K 2020-01-17 Enter Agreement, Off-BS Arrangement, Off-BS Arrangement, Shareholder Rights, Regulation FD, Exhibits
8-K 2020-01-13 Regulation FD, Exhibits
8-K 2020-01-10 Enter Agreement, Off-BS Arrangement, Regulation FD, Exhibits
8-K 2020-01-06 Earnings, Regulation FD, Other Events, Exhibits
8-K 2019-12-13 Officers, Regulation FD, Exhibits
8-K 2019-12-12 Other Events
8-K 2019-12-09 Regulation FD, Exhibits
8-K 2019-11-15 Regulation FD, Exhibits
8-K 2019-11-05 Enter Agreement, Earnings, Regulation FD, Exhibits
8-K 2019-10-17
8-K 2019-10-15 Earnings, Regulation FD, Exhibits
8-K 2019-10-09 Regulation FD, Exhibits
8-K 2019-09-27 Officers, Regulation FD, Exhibits
8-K 2019-09-25 Leave Agreement
8-K 2019-09-04 Regulation FD, Exhibits
8-K 2019-08-12 Regulation FD, Exhibits
8-K 2019-07-31 Earnings, Regulation FD, Exhibits
8-K 2019-07-19 Enter Agreement
8-K 2019-07-16 Earnings, Regulation FD, Exhibits
8-K 2019-06-06 Regulation FD, Exhibits
8-K 2019-05-16 Officers, Shareholder Vote, Exhibits
8-K 2019-05-01 Earnings, Regulation FD, Exhibits
8-K 2019-04-24 Officers, Regulation FD, Exhibits
8-K 2019-04-16 Earnings, Regulation FD, Exhibits
8-K 2019-04-15 Other Events
8-K 2019-04-08 Exit Costs, Officers, Regulation FD, Exhibits
8-K 2019-04-02 Officers, Regulation FD, Exhibits
8-K 2019-03-25 Officers
8-K 2019-02-13 Earnings, Regulation FD, Exhibits
8-K 2019-02-11 Officers
8-K 2019-02-04 Off-BS Arrangement
8-K 2019-01-22 Earnings, Regulation FD, Exhibits
8-K 2019-01-15 Officers
8-K 2018-12-20 Officers
8-K 2018-12-14 Officers
8-K 2018-10-24 Regulation FD, Exhibits
8-K 2018-09-27 Regulation FD, Exhibits
8-K 2018-09-10 Officers
8-K 2018-08-24 Officers
8-K 2018-08-20 Regulation FD, Exhibits
8-K 2018-07-25 Regulation FD, Exhibits
8-K 2018-06-19 Regulation FD, Exhibits
8-K 2018-05-31 Regulation FD, Exhibits
8-K 2018-04-24 Regulation FD, Exhibits
8-K 2018-04-23 Other Events, Exhibits

Laredo Petroleum Financials

LPI Metrics, Comps, Filings

Annual | Quarterly

Business

Laredo is an independent energy company focused on the acquisition, exploration and development of oil and natural gas properties, and midstream and marketing services, primarily in the Permian Basin of West Texas. The oil and liquids-rich Permian Basin is characterized by multiple target horizons, extensive production histories, long-lived reserves, high drilling success rates and high initial production rates. As of December 31, 2018, we had assembled 120,617 net acres in the Permian Basin and had total proved reserves, presented on a three-stream basis, of 238,167 MBOE. Our wholly-owned subsidiary, LMS buys, sells, gathers and transports oil, natural gas and water primarily for the account of Laredo.

We have identified one operating segment: exploration and production. Our midstream and marketing functions are integral to our exploration and production activities. We have a single company-wide management team that administers all properties as a whole rather than discrete operating segments and we allocate capital resources on a project-by-project basis across our asset base without regard to individual areas.

-Produced a Company record average of 68,168 BOE per day in full-year 2018, resulting in production growth of 17% from full-year 2017


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Talos Energy (TALO) 912 0% 2.1 12% 2,592 1,594 1,007 0 305 735 1,534
Carrizo Oil & Gas (CRZO) 891 0% 3.5 17% 3,635 2,219 771 0 600 746 2,620
Berry Petroleum (BRY) 846 0% 3.6 10% 1,657 704 735 0 167 344 1,251
Geopark (GPRK) 832 0% 863 720 0 0 0 0 832
Gulfport Energy (GPOR) 782 25% 3.0 8% 6,465 2,858 1,556 387 526 981 2,961
Extraction Oil & Gas (XOG) 737 0% 3.1 3% 4,253 2,339 1,014 0 114 732 2,266
Northern Oil & Gas (NOG) 736 88% 6.3 12% 1,494 1,105 725 635 175 252 1,595
Gran Tierra Energy (GTE) 658 0% 8.9 5% 2,032 985 311 0 105 134 1,200
Nextdecade (NEXT) 654 -15.8 -25% 165 20 0 0 -41 -41 649
Dorchester Minerals (DMLP) 631 64% 9.4 42% 128 5 76 49 54 65 610
W&T Offshore (WTI) 620 0% 5.9 20% 868 1,203 548 0 174 203 1,189
Laredo Petroleum (LPI) 603 0% 2.3 14% 2,620 1,276 921 0 369 681 1,582
Denbury Resources (DNR) 566 0% 3.8 8% 4,732 3,461 1,380 0 374 793 3,009
Comstock Resources (CRK) 548 0% 4.3 7% 2,283 1,677 487 0 155 416 1,768
Unit (UNT) 479 -4% 7.3 -2% 2,794 1,404 790 -29 -67 170 1,239
Noble (NE) 460 0% 3.2 -2% 9,061 4,633 1,165 0 -201 94 305
Bonanza Creek Energy (BCEI) 395 0% 6.2 0% 1,145 245 299 0 0 62 386
Highpoint Resources (HPR) 394 0% 2.7 4% 2,239 244 471 0 95 430 1,146
PrimeEnergy (PNRG) 382 22% 7.9 6% 245 139 123 28 15 56 441
Isramco (ISRL) 342 0% 11.1 14% 107 109 83 0 14 32 354

Balance Sheet ($MM)2012-06-302012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash1460029313311245
Accounts Receivable17240127888710194
Inventory
PP&E1,7562,1143,5693,3541,2001,3671,7682,200
Assets-1,563832-373,9331,8131,7822,0232,420
Accounts Payable2013439141558
Long-Term Debt1,0521,21701,8011,4161,354792990
Liabilities1,2941,5071,3522,3691,6821,6021,2581,246
Stockholders' Equity8228321,2721,5631311817661,174
Income Statement ($MM)2012-06-302012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue-10747946075978221,106
Cost of Revenue
Gross Profit
R&D
SG&A6290106909296108
Tax300164-177024
Net Income-2,210-261549325
Cash Flow ($MM)2012-06-302012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-3516498316356385538
Cash Investing-660-16-1,407-668-564295-691
Cash Financing0130740353210-60086