See more : Técnicas Reunidas, S.A. (TRE.MC) Income Statement Analysis – Financial Results
Complete financial analysis of Laredo Petroleum, Inc. (LPI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Laredo Petroleum, Inc., a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
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Laredo Petroleum, Inc. (LPI)
About Laredo Petroleum, Inc.
Laredo Petroleum, Inc., an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company sells oil, natural gas liquids, and natural gas. As of December 31, 2021, it had assembled 166,064 net acres in the Permian Basin; and had total proved undeveloped reserves of 86,592 thousand barrels of oil equivalent. The company was formerly known as Laredo Petroleum Holdings, Inc. and changed its name to Laredo Petroleum, Inc. in December 2013. Laredo Petroleum, Inc. was incorporated in 2006 and is headquartered in Tulsa, Oklahoma.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.55B | 1.92B | 1.39B | 677.19M | 837.28M | 1.11B | 822.16M | 597.38M | 606.64M | 793.89M | 665.26M | 588.08M | 510.27M | 242.00M | 96.89M |
| Cost of Revenue | 116.53M | 718.74M | 640.86M | 530.80M | 524.37M | 644.97M | 471.25M | 428.07M | 604.38M | 455.76M | 359.74M | 352.99M | 80.08M | 40.23M | 22.76M |
| Gross Profit | 1.43B | 1.20B | 753.22M | 146.40M | 312.91M | 460.81M | 350.92M | 169.30M | 2.26M | 338.12M | 305.52M | 235.09M | 430.19M | 201.78M | 74.13M |
| Gross Profit Ratio | 92.47% | 62.58% | 54.03% | 21.62% | 37.37% | 41.67% | 42.68% | 28.34% | 0.37% | 42.59% | 45.93% | 39.98% | 84.31% | 83.38% | 76.51% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 104.82M | 68.08M | 62.80M | 50.53M | 54.73M | 96.14M | 96.31M | 91.76M | 90.43M | 106.04M | 89.70M | 62.11M | 51.68M | 0.00 | 0.00 |
| Selling & Marketing | 41.28M | 53.69M | 47.92M | 49.93M | 25.40M | 11.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 146.10M | 68.08M | 62.80M | 50.53M | 54.73M | 107.84M | 96.31M | 91.76M | 90.43M | 106.04M | 89.70M | 62.11M | 51.68M | 0.00 | 0.00 |
| Other Expenses | 726.03M | 62.28M | 52.15M | 54.36M | 29.52M | 4.47M | 4.93M | 3.48M | 2.42M | 1.79M | 1.48M | 1.20M | 176.37M | 128.79M | 80.99M |
| Operating Expenses | 872.13M | 130.36M | 114.95M | 104.89M | 84.24M | 112.31M | 101.24M | 95.24M | 92.85M | 107.83M | 91.17M | 63.31M | 228.05M | 128.79M | 80.99M |
| Cost & Expenses | 988.66M | 849.10M | 755.81M | 635.69M | 608.61M | 757.28M | 572.49M | 523.31M | 697.22M | 563.60M | 450.91M | 416.30M | 308.13M | 169.02M | 103.75M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 805.00K | 175.00K | 426.00K | 294.00K | 163.00K | 59.00K | 108.00K | 150.00K | 223.00K |
| Interest Expense | -149.82M | 125.12M | 108.93M | 101.30M | 58.44M | 54.25M | 85.41M | 89.38M | 98.98M | 116.74M | 95.40M | 80.63M | 50.58M | 18.48M | 7.46M |
| Depreciation & Amortization | 463.24M | 334.26M | 13.61M | 13.07M | 14.56M | 34.60M | 158.39M | 148.34M | 277.72M | 246.47M | 233.94M | 243.65M | 176.37M | 5.94M | 2.49M |
| EBITDA | 1.19B | 1.10B | 271.20M | -763.75M | -272.05M | 383.09M | 636.18M | -171.36M | -2.29B | 546.60M | 287.91M | 175.24M | 215.51M | 78.92M | -251.04M |
| EBITDA Ratio | 77.01% | 57.08% | 19.45% | -112.78% | -32.49% | 34.64% | 77.38% | -28.69% | -377.14% | 68.85% | 43.28% | 29.80% | 42.23% | 32.61% | -259.09% |
| Operating Income | 559.62M | 762.14M | 257.59M | -861.73M | -408.59M | 348.49M | 249.67M | -87.96M | -2.47B | 226.39M | 214.35M | 171.78M | 201.90M | 72.98M | -253.53M |
| Operating Income Ratio | 36.16% | 39.68% | 18.48% | -127.25% | -48.80% | 31.52% | 30.37% | -14.72% | -407.41% | 28.52% | 32.22% | 29.21% | 39.57% | 30.16% | -261.66% |
| Total Other Income/Expenses | -47.88M | -868.10M | -571.68M | -16.39M | 63.54M | -19.65M | 301.10M | -172.78M | 84.63M | 203.47M | -23.27M | -77.18M | -36.97M | -12.55M | -4.97M |
| Income Before Tax | 511.74M | 637.01M | 148.65M | -878.12M | -345.05M | 328.84M | 550.77M | -260.74M | -2.39B | 429.86M | 191.08M | 94.60M | 164.93M | 60.44M | -258.50M |
| Income Before Tax Ratio | 33.07% | 33.16% | 10.66% | -129.67% | -41.21% | 29.74% | 66.99% | -43.65% | -393.46% | 54.15% | 28.72% | 16.09% | 32.32% | 24.97% | -266.79% |
| Income Tax Expense | 183.34M | 5.50M | 3.65M | -3.95M | -2.59M | 4.25M | 1.80M | -231.74M | -176.95M | 164.29M | 74.51M | 32.95M | 59.37M | -25.81M | -74.01M |
| Net Income | 695.08M | 631.51M | 145.01M | -874.17M | -342.46M | 324.60M | 548.97M | -260.74M | -2.21B | 265.57M | 118.00M | 61.65M | 105.55M | 86.25M | -184.50M |
| Net Income Ratio | 44.91% | 32.88% | 10.40% | -129.09% | -40.90% | 29.35% | 66.77% | -43.65% | -364.29% | 33.45% | 17.74% | 10.48% | 20.69% | 35.64% | -190.41% |
| EPS | 33.44 | 37.44 | 9.07 | -74.92 | -29.61 | 27.84 | 45.92 | -23.12 | -221.93 | 37.59 | 17.81 | 9.71 | 16.54 | 13.80 | -29.52 |
| EPS Diluted | 33.44 | 37.44 | 9.07 | -74.92 | -29.61 | 27.84 | 45.72 | -23.12 | -221.93 | 37.00 | 17.56 | 9.62 | 16.54 | 13.80 | -29.52 |
| Weighted Avg Shares Out | 20.78M | 16.87M | 15.99M | 11.67M | 11.56M | 11.66M | 11.95M | 11.28M | 9.96M | 7.07M | 6.62M | 6.35M | 6.38M | 6.25M | 6.25M |
| Weighted Avg Shares Out (Dil) | 20.78M | 16.87M | 15.99M | 11.67M | 11.56M | 11.66M | 12.01M | 11.28M | 9.96M | 7.18M | 6.72M | 6.41M | 6.38M | 6.25M | 6.25M |
Laredo Petroleum (LPI) Surges 13.1%: Is This an Indication of Further Gains?
Laredo Petroleum (LPI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Should Value Investors Pick Laredo Petroleum (LPI) Stock?
Let's see if Laredo Petroleum, Inc. (LPI) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
Laredo Petroleum: Cash Flow Bonanza Year
Howard County will have priority for capital expenditures.
Laredo Petroleum: Leverage Being Reduced To Acceptable Levels
Laredo is projected to generate $48 million in positive cash flow in 2021 at current strip prices after hedges. 2021 hedges have an estimated negative $145 million in value at current strip.
Laredo Petroleum Announces "At-the-Market" Equity Program
TULSA, OK, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") announced today that it has filed a prospectus supplement with the Securities and Exchange Commission (the "SEC") under which it may offer and...
Laredo Petroleum, Inc. (LPI) CEO Jason Pigott on Q4 2020 Results - Earnings Call Transcript
Laredo Petroleum, Inc. (LPI) CEO Jason Pigott on Q4 2020 Results - Earnings Call Transcript
Laredo Petroleum: Q4 Earnings Insights
Shares of Laredo Petroleum (NYSE:LPI) moved higher in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 1794.12% year over year to $3.22, which beat the estimate of $3.19.
Laredo Petroleum Announces Fourth-Quarter and Full-Year 2020 Financial and Operating Results
Provides 2021 Capital Budget and Production Expectations Provides 2021 Capital Budget and Production Expectations
Laredo Petroleum Publishes Inaugural ESG and Climate Risk Report
TULSA, OK, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or the "Company") today published its inaugural ESG and Climate Risk Report, covering data for 2019 operations. The report and data tables are available on the...
Laredo Petroleum's Earnings Outlook
On Monday, February 22, Laredo Petroleum (NYSE:LPI) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Source: https://incomestatements.info
Category: Stock Reports