Laredo Petroleum, Inc. operates as an independent energy firm in the United States. The company has market cap of $2.64 billion. It operates through two divisions, Exploration and Production of Oil and Natural Gas Properties; and Midstream and Marketing. It has a 22.55 P/E ratio. It focuses on the acquisition, exploration, and development of oil and natural gas properties; and the transportation of oil and natural gas primarily in the Permian Basin in West Texas, as well as rig fuel, natural gas lift, and water delivery and takeaway services.
Analysts expect National Oilwell Varco, Inc. (NYSE:NOV) to report $-0.04 EPS on February, 5 after the close.They anticipate $0.11 EPS change or 73.33% from last quarter’s $-0.15 EPS. After having $-0.07 EPS previously, National Oilwell Varco, Inc.’s analysts see -42.86% EPS growth. The stock increased 1.17% or $0.45 during the last trading session, reaching $38.92. About 2.28M shares traded. National Oilwell Varco, Inc. (NYSE:NOV) has risen 11.97% since January 18, 2017 and is uptrending. It has underperformed by 4.73% the S&P500.
Warburg Pincus Llc holds 16.41% of its portfolio in Laredo Petroleum, Inc. for 77.67 million shares. Sailingstone Capital Partners Llc owns 38.38 million shares or 13.29% of their US portfolio. Moreover, Encompass Capital Advisors Llc has 6.97% invested in the company for 3.31 million shares. The California-based Spo Advisory Corp has invested 4.38% in the stock. Columbia Pacific Advisors Llc, a Washington-based fund reported 264,150 shares.
The stock increased 1.19% or $0.13 during the last trading session, reaching $11.05. About 1.88 million shares traded. Laredo Petroleum, Inc. (LPI) has risen 17.65% since January 18, 2017 and is uptrending. It has outperformed by 0.95% the S&P500.
Analysts await Laredo Petroleum, Inc. (NYSE:LPI) to report earnings on February, 21. They expect $0.18 EPS, up 12.50% or $0.02 from last year’s $0.16 per share. LPI’s profit will be $43.07 million for 15.35 P/E if the $0.18 EPS becomes a reality. After $0.13 actual EPS reported by Laredo Petroleum, Inc. for the previous quarter, Wall Street now forecasts 38.46% EPS growth.
Ratings analysis reveals 67% of Laredo Petroleum’s analysts are positive. Out of 9 Wall Street analysts rating Laredo Petroleum, 6 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $14.0 while the high is $18.0. The stock’s average target of $15.33 is 38.73% above today’s ($11.05) share price. LPI was included in 9 notes of analysts from August 24, 2016. Williams Capital Group initiated the shares of LPI in report on Monday, August 29 with “Hold” rating. Credit Suisse downgraded the shares of LPI in report on Thursday, October 13 to “Underperform” rating. The stock of Laredo Petroleum, Inc. (NYSE:LPI) has “Overweight” rating given on Tuesday, February 21 by Piper Jaffray. Stifel Nicolaus initiated Laredo Petroleum, Inc. (NYSE:LPI) on Thursday, April 13 with “Buy” rating. The rating was upgraded by SunTrust on Friday, January 20 to “Buy”. The company was initiated on Tuesday, September 13 by FBR Capital. The rating was upgraded by CapitalOne on Wednesday, August 24 to “Overweight”. The rating was upgraded by Tudor Pickering to “Buy” on Wednesday, January 18. As per Tuesday, August 30, the company rating was upgraded by Seaport Global Securities.
Among 34 analysts covering National Oilwell Varco (NYSE:NOV), 10 have Buy rating, 5 Sell and 19 Hold. Therefore 29% are positive. National Oilwell Varco had 110 analyst reports since July 31, 2015 according to SRatingsIntel. The company was maintained on Monday, November 2 by Howard Weil. Piper Jaffray maintained the shares of NOV in report on Thursday, July 27 with “Buy” rating. The stock of National Oilwell Varco, Inc. (NYSE:NOV) earned “Overweight” rating by Morgan Stanley on Wednesday, April 27. As per Tuesday, October 31, the company rating was maintained by Citigroup. The rating was maintained by Cowen & Co with “Hold” on Friday, October 6. On Monday, October 30 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The stock of National Oilwell Varco, Inc. (NYSE:NOV) earned “Sell” rating by Societe Generale on Wednesday, May 4. The rating was maintained by Bank of America with “Underperform” on Monday, June 13. As per Thursday, January 11, the company rating was maintained by Cowen & Co. The rating was maintained by BMO Capital Markets with “Sell” on Wednesday, June 21.
Investors sentiment increased to 0.85 in 2017 Q3. Its up 0.18, from 0.67 in 2017Q2. It improved, as 53 investors sold National Oilwell Varco, Inc. shares while 189 reduced holdings. 49 funds opened positions while 157 raised stakes. 348.73 million shares or 2.54% more from 340.10 million shares in 2017Q2 were reported. Schwab Charles Investment Mngmt has 1.65 million shares. Norinchukin Bancorporation The reported 0.02% stake. 1832 Asset Management Lp has 0% invested in National Oilwell Varco, Inc. (NYSE:NOV) for 475 shares. Horan Cap Advisors holds 0.01% of its portfolio in National Oilwell Varco, Inc. (NYSE:NOV) for 300 shares. Estabrook Cap invested in 0.19% or 34,068 shares. Northern invested in 0.05% or 5.36M shares. Moors And Cabot Inc reported 27,646 shares. Counselors Of Maryland Lc accumulated 0.03% or 15,460 shares. Ameriprise Incorporated has invested 0% in National Oilwell Varco, Inc. (NYSE:NOV). Primecap Mngmt Ca has invested 0.02% in National Oilwell Varco, Inc. (NYSE:NOV). Moreover, Assetmark has 0% invested in National Oilwell Varco, Inc. (NYSE:NOV). 8,989 are owned by Baxter Bros Incorporated. Geode Cap Ltd reported 0.05% in National Oilwell Varco, Inc. (NYSE:NOV). Pnc Finance Services Group invested 0.01% of its portfolio in National Oilwell Varco, Inc. (NYSE:NOV). Zeke Capital Advsrs Ltd Limited Liability Company holds 0.05% of its portfolio in National Oilwell Varco, Inc. (NYSE:NOV) for 9,397 shares.
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