News stories about Laredo Petroleum (NYSE:LPI) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Laredo Petroleum earned a news impact score of 0.12 on Accern’s scale. Accern also gave media coverage about the oil and gas producer an impact score of 47.0930717370776 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Laredo Petroleum Inc (LPI) to Post FY2017 Earnings of $0.52 Per Share, Seaport Global Securities Forecasts (americanbankingnews.com)
- Stock on the Move: Laredo Petroleum Holdings Inc (LPI) (nismagazine.com)
- Laredo Petroleum Inc to Post Q4 2017 Earnings of $0.19 Per Share, Seaport Global Securities Forecasts (LPI) (americanbankingnews.com)
- Laredo Petroleum, Inc. (NYSE:LPI) – Hot Stock of the Day – Nasdaq Journal (press release) (nasdaqjournal.com)
- Laredo Petroleum, Inc. (LPI) Needs Strong Boost to Get Active Moment in Street – Stock News Stop (stockmarketstop.com)
Laredo Petroleum (NYSE LPI) traded up $0.10 during trading on Friday, hitting $10.58. 1,495,079 shares of the company’s stock were exchanged, compared to its average volume of 3,569,768. Laredo Petroleum has a 12-month low of $9.46 and a 12-month high of $15.55. The company has a market capitalization of $2,478.48, a price-to-earnings ratio of 21.16, a price-to-earnings-growth ratio of 4.07 and a beta of 1.33. The company has a debt-to-equity ratio of 4.16, a current ratio of 0.64 and a quick ratio of 0.64.
LPI has been the topic of a number of analyst reports. Zacks Investment Research lowered shares of Laredo Petroleum from a “buy” rating to a “hold” rating in a research note on Friday, October 20th. Williams Capital increased their target price on shares of Laredo Petroleum from $13.00 to $14.00 and gave the stock a “hold” rating in a research note on Wednesday, October 18th. BMO Capital Markets cut their target price on shares of Laredo Petroleum from $14.00 to $11.00 and set a “market perform” rating on the stock in a research note on Thursday, November 2nd. Scotiabank set a $14.00 target price on shares of Laredo Petroleum and gave the stock a “hold” rating in a research note on Wednesday, November 22nd. Finally, KeyCorp reissued a “hold” rating on shares of Laredo Petroleum in a research note on Friday, November 10th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $13.78.
WARNING: “Somewhat Favorable News Coverage Somewhat Unlikely to Affect Laredo Petroleum (LPI) Share Price” was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this report on another website, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The correct version of this report can be read at https://www.com-unik.info/2017/12/22/somewhat-favorable-news-coverage-somewhat-unlikely-to-affect-laredo-petroleum-lpi-share-price.html.
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.
What are top analysts saying about Laredo Petroleum? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Laredo Petroleum and related companies.