Laredo Petroleum (NYSE: LPI) is one of 240 public companies in the “Oil & Gas Exploration and Production” industry, but how does it compare to its rivals? We will compare Laredo Petroleum to related companies based off the strength of its earnings, dividends, analyst recommendations, profitability, risk, valuation and institutional ownership.
Volatility & Risk
Laredo Petroleum has a beta of 1.44, suggesting that its share price is 44% more volatile than the S&P 500. Comparatively, Laredo Petroleum’s rivals have a beta of 1.41, suggesting that their average share price is 41% more volatile than the S&P 500.
Earnings and Valuation
This table compares Laredo Petroleum and its rivals top-line revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Laredo Petroleum||$720.06 million||$195.80 million||23.82|
|Laredo Petroleum Competitors||$1.39 billion||$604.75 million||20.23|
Laredo Petroleum’s rivals have higher revenue and earnings than Laredo Petroleum. Laredo Petroleum is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently the more expensive than other companies in its industry.
This is a summary of current ratings and recommmendations for Laredo Petroleum and its rivals, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Laredo Petroleum Competitors||1566||7858||12149||267||2.51|
Laredo Petroleum presently has a consensus price target of $14.67, suggesting a potential upside of 25.73%. All “Oil & Gas Exploration and Production” companies have a potential upside of 49.30%. Given Laredo Petroleum’s rivals stronger consensus rating and higher possible upside, analysts plainly believe Laredo Petroleum has less favorable growth aspects than its rivals.
Insider & Institutional Ownership
63.1% of shares of all “Oil & Gas Exploration and Production” companies are owned by institutional investors. 1.4% of Laredo Petroleum shares are owned by company insiders. Comparatively, 11.5% of shares of all “Oil & Gas Exploration and Production” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
This table compares Laredo Petroleum and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Laredo Petroleum Competitors||-442.91%||3.68%||0.73%|
Laredo Petroleum rivals beat Laredo Petroleum on 8 of the 13 factors compared.
Laredo Petroleum Company Profile
Laredo Petroleum, Inc. (Laredo) is an independent energy company. The Company 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. It operates through two segments: Exploration and production of oil and natural gas properties, and Midstream and marketing. The exploration and production of oil and natural gas properties are conducted by it through the exploration and development of its acreage in the Permian Basin. As of December 31, 2016, it had assembled 127,847 net acres in the Permian Basin and had total proved reserves, presented on a three-stream basis, of 167,100 thousand of barrels of oil equivalent (MBOE). The Midstream and marketing segment’s operations are conducted by its subsidiary, Laredo Midstream Services, LLC, which buys, sells, gathers and transports oil, natural gas and water primarily for the account of Laredo.
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