Laredo Petroleum Holdings (LPI) - FREE Research Report

Schuyler Jerry R who is Senior Advisor at Laredo Petroleum Holdings sold 7,000 shares at $29.62 on Nov. 14, 2013. Following this transaction, the Senior Advisor owned 368,223 shares meaning that the stake was reduced by 1.87% with the 7,000 share transaction.

The shares most recently traded at $29.56, down $0.06, or 0.2% since the insider transaction. Historical insider transactions for Laredo Petroleum Holdings go as follows:

  • 4-Week # shares sold: 7,000
  • 12-Week # shares sold: 85,000
  • 24-Week # shares sold: 130,000

The average volume for Laredo Petroleum Holdings has been 1.4 million shares per day over the past 30 days. Laredo Petroleum Holdings has a market cap of $4.3 billion and is part of the basic materials sector and energy industry. Shares are up 66.96% year to date as of the close of trading on Tuesday.

Laredo Petroleum Holdings, Inc., an independent energy company, focuses on the acquisition, exploration, development, and production of oil and natural gas primarily in the Permian and Mid-Continent regions of the United States. The company has a P/E ratio of 65.9. Currently there are 8 analysts that rate Laredo Petroleum Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.

Exclusive Offer: Get the latest Stock Analysis on LPI - FREE

TheStreet Quant Ratings rates Laredo Petroleum Holdings as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Laredo Petroleum Holdings Ratings Report from TheStreet Quant Ratings now.

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