Laredo Petroleum, Inc. (LPI) Going Through Hard Times This Year

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Now we will discuss the financial strength of Laredo Petroleum, Inc.

AGORA HOLDINGS INCORPORATED (OTCMKTS:AGHI) had a decrease of 17.02% in short interest. The original version of this article can be accessed at https://transcriptdaily.com/2017/06/21/fy2017-eps-estimates-for-laredo-petroleum-inc-reduced-by-williams-capital-lpi-updated.html. In contrast, LPI's 52 week high hovers at $16.47 with its current distance from 52 week high value is -35.46%.

Analysts' mean recommendation for HollyFrontier Corporation (HFC) stands at 3.00. Public Employees Retirement System of OH boosted its stake in Laredo Petroleum by 2.0% in the first quarter. It dived, as 20 investors sold Laredo Petroleum Inc shares while 68 reduced holdings. Jpmorgan Chase And reported 4,545 shares stake. Seaport Global Securities raised its rating on Laredo Petroleum, Inc.to Buy on 31/03/2017 in a reversal from its prior Neutral rating.

Akorn, Inc. (NASDAQ:AKRX) ended its day at $33.45 with the rising stream of -0.09% and its total traded volume was 1.65 million shares less than the average volume.

Vanguard Group Inc, a Pennsylvania-based fund reported 12.33 million shares. Laredo Petroleum reported sales of $146.77 million during the same quarter last year, which would suggest a positive year over year growth rate of 17.8%. Blackrock Japan Ltd holds 0% or 30,391 shares.

Investors sentiment decreased to 1.06 in 2016 Q4. Prelude Mgmt Ltd Com has 2,500 shares for 0% of their portfolio. James Investment Research Inc. bought a new position in Laredo Petroleum during the first quarter worth $149,000. Hutchin Hill Cap Ltd Partnership invested in 0.02% or 36,300 shares. Ngam Ltd Partnership stated it has 419,789 shares.

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ILLEGAL ACTIVITY WARNING: "FY2017 EPS Estimates for Laredo Petroleum, Inc". Similarly, full-year EPS forecasts have ranged between $0.43 and $1.02.

Analysts expect Laredo Petroleum Inc (NYSE:LPI) to report $0.13 EPS on August, 2.They anticipate $0.00 EPS change or 0.00 % from last quarter's $0.13 EPS.

Revenue per share is 2.93. 92 funds opened positions while 242 raised stakes. LPI's profit would be $31.29M giving it 19.10 P/E if the $0.13 EPS is correct. Goldman Sachs Gp holds 0.01% or 1.89M shares. The Fund invests, under normal market conditions, approximately 80% of its net assets, including assets attributable to preferred shares and borrowing for investment purposes, in tax-exempt bonds and tax-exempt notes. Out of 9 Wall Street analysts rating Laredo Petroleum, 6 give it "Buy", 1 "Sell" rating, while 2 recommend "Hold".

Looking at a shorter time period, shares have been seen -34.78% away from the 50 day high and -4.13% off the 50 day low price.Covering sell-side analysts have recently weighed in on shares of Laredo Petroleum, Inc. Stephens upgraded shares of Laredo Petroleum from an "underweight" rating to a "hold" rating in a report on Monday, May 15th. HB Financial Group had 3 analyst reports since July 24, 2015 according to SRatingsIntel.

02/15/2017 - Laredo Petroleum, Inc. had its "outperform" rating reiterated by analysts at FBR Capital Markets. The lowest 12-month price target for the shares is $11.00, which would be an increase of about 4% of its current value. The firm earned "Overweight" rating on Thursday, February 23 by Morgan Stanley. As per Thursday, December 3, the company rating was initiated by Nomura. Sei Invs has invested 0.02% of its portfolio in Laredo Petroleum Inc (NYSE:LPI). The firm has "Underperform" rating given on Thursday, October 13 by Credit Suisse. Iberia Capital Partners has "Outperform" rating and $14 target. The company's market capitalization is $2.54 billion. The Firm is focused on the acquisition, exploration and development of oil and natural gas properties, and the transportation of oil and natural gas from such properties primarily in the Permian Basin in West Texas. The rating was upgraded by Zacks on Monday, August 10 to "Hold". It now has negative earnings.

Laredo Petroleum, Inc.is an independent energy company. It operates through two divisions: Exploration and production of oil and natural gas properties, and Midstream and marketing.

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