See more : Hainan Manaslu Acquisition Corp. (HMACW) 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.
You may be interested
- Aanchal Ispat Limited (AANCHALISP.BO) Income Statement Analysis – Financial Results
- Immsi S.p.A. (IMS.MI) Income Statement Analysis – Financial Results
- Luxfer Holdings PLC (LXFR) Income Statement Analysis – Financial Results
- Bank of Ayudhya Public Company Limited (BAY-R.BK) Income Statement Analysis – Financial Results
- HBIS Resources Co., Ltd. (000923.SZ) Income Statement Analysis – Financial Results
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: Here We Go Again
Laredo Petroleum: Here We Go Again
Laredo Petroleum Stock Is Hot Until It Is Not
Laredo Petroleum Stock Is Hot Until It Is Not
Laredo Petroleum (LPI) Earnings Expected to Grow: Should You Buy?
Laredo Petroleum (LPI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Laredo Petroleum Prices Offering of $400 Million of Senior Notes
TULSA, OK, July 13, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc., a Delaware corporation (NYSE: LPI) ("Laredo" or the "Company"), announced today the pricing of $400 million in aggregate principal amount of 7.750% senior unsecured notes due 2029 at par...
Laredo Petroleum Announces Offering of Senior Notes
TULSA, OK, July 12, 2021 (GLOBE NEWSWIRE) -- Laredo Petroleum, Inc., a Delaware corporation (NYSE: LPI) ("Laredo" or the "Company"), announced today that it intends, subject to market conditions, to offer $400 million in aggregate principal amount of senior unsecured...
Laredo Petroleum: New Day Dawning
Laredo Petroleum: New Day Dawning
Laredo Petroleum Announces Closing of Acquisition of Sabalo Energy Assets and Divestiture of Proved Developed Producing Reserves
Schedules Second-Quarter 2021 Earnings Release and Conference Call Schedules Second-Quarter 2021 Earnings Release and Conference Call
Laredo Petroleum (LPI) Surges 5.8%: Is This an Indication of Further Gains?
Laredo Petroleum (LPI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Laredo Petroleum May Now Generate Over $250 Million In Positive Cash Flow In 2022
Laredo Petroleum may generate around $252 million in positive cash flow in 2022 at current (mid-$60s WTI) strip prices. This would help reduce its leverage to 1.2x by the end of 2022.
Resurgence: 6 Trade Ideas For U.S. Energy Cycle
Six trades to capitalize on the US energy cycle.
Source: https://incomestatements.info
Category: Stock Reports