Laredo Petroleum is an independent energy company. Its business strategy is focused on the exploration, development and acquisition of oil and natural gas properties in the Permian region of the United States.
Type
Public
HQ
Tulsa, US
Founded
2006
Size (employees)
361 (est)+12%
Laredo Petroleum was founded in 2006 and is headquartered in Tulsa, US
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Laredo Petroleum Office Locations

Laredo Petroleum has offices in Tulsa and Midland
Tulsa, US (HQ)
900 Bank of America Center 15 W 6th St
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Laredo Petroleum Financials and Metrics

Laredo Petroleum Financials

Laredo Petroleum's revenue was reported to be $822.16 m in FY, 2017
USD

Revenue (Q1, 2018)

259.7 m

Net income (Q1, 2018)

86.5 m

EBIT (Q1, 2018)

93.2 m

Market capitalization (15-May-2018)

2.3 b

Closing share price (15-May-2018)

9.9

Cash (31-Mar-2018)

55.9 m

EV

3.1 b
Laredo Petroleum's current market capitalization is $2.3 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

665.3 m793.9 m606.6 m597.4 m822.2 m

Revenue growth, %

19%(24%)(2%)

Sales and marketing expense

75.3 b

General and administrative expense

91.8 b96.3 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

170.8 m173.3 m183 m200.2 m150.7 m182.3 m150.3 m106.6 m146.8 m159.7 m189 m187 m205.8 m259.7 m

Sales and marketing expense

19.6 m21.8 m20.2 m25.2 m32.4 m29.2 m25.1 m20.5 m19.2 m18.2 m17 m20.1 m19.6 m

General and administrative expense

24.4 m27.7 m29.6 m27.1 m21.9 m23.2 m22.9 m19.5 m20.5 m26.1 m25.6 m22 m25 m24.7 m

Operating expense total

113.4 m113.3 m118.5 m131.1 m177.2 m683.8 m1.1 b283.3 m128.9 m134.2 m137.7 m134.9 m145.4 m166.5 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

198.2 m29.3 m31.2 m32.7 m112.2 m

Accounts Receivable

77.3 m126.9 m87.7 m86.9 m100.6 m

Inventories

Current Assets

307.6 m365.3 m332.2 m154.8 m235.4 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

265.3 m547.5 m399.5 m55.8 m569.1 m57.6 m76.4 m12.1 m19.3 m30.4 m30.4 m35 m20.8 m55.9 m

Accounts Receivable

77.8 m80.9 m95.7 m103.8 m110 m110.3 m100.7 m85.2 m88.5 m81.2 m78.9 m72.1 m89.8 m97.8 m

Current Assets

352.8 m650.8 m530.6 m190.5 m901.6 m314.7 m375.4 m280.9 m211.3 m190.4 m152.6 m167.7 m142.5 m185.2 m

PP&E

42.5 m1.1 b1.3 b1.4 b1.5 b1.6 b1.9 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

118 m265.6 m(2.2 b)(260.7 m)549 m

Inventories

Accounts Payable

(32.6 m)23 m(24.8 m)873 k9.1 m

Cash From Operating Activities

364.7 m498.3 m315.9 m356.3 m384.9 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

49.8 m(213 k)(19.1 m)64.3 m(472 k)(397.5 m)(1.2 b)(180.4 m)(251.8 m)(242.3 m)68.3 m129.4 m140.4 m86.5 m

Depreciation and Amortization

187.3 m

Accounts Payable

(17.7 m)2.4 m39.5 m(15.7 m)(15.4 m)9.2 m319 k5.9 m9.7 m(4.3 m)7.7 m30.5 m

Cash From Operating Activities

275.4 m128.1 m240.1 m376.3 m26.9 m114.3 m225.5 m56.5 m138.6 m245.5 m63.8 m156.9 m272.1 m146.5 m
USDY, 2018

EV/EBIT

33.4 x

EV/CFO

21.3 x

Financial Leverage

2.2 x
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