On 6/21/21, Laredo Petroleum Inc (NYSE: LPI) stock enjoyed a major increase of 14.4%, closing at $75.06. Moreover, this advance was accompanied by above average trading volume at 140% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 15.3% during the last week.
Current PriceTarget Research Rating
LPI is expected to continue to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Laredo Petroleum is currently unrated.
The stock is currently unrated.