Laredo Petroleum Inc (LPI) Earnings Report, Financial Results, Financial analysis

Laredo Petroleum inc reported II. Quarter net loss per share of $-46.75 compare to earnings per share of $0.75 in the same quarter a year ago a decrease from $0.32 eps realized in I. Quarter (Mar 31 2020).

*II. Quarter*
Earnings Per Share	Revenues
$ -46.75	$ 111 Mill
$-47.50	$-106M -48.95 %

Laredo Petroleum Inc 's Revenue fell by -48.95 % in II. Quarter (Jun 30 2020) year on year, to $111 million and declined by -46.05 % sequentially.

Laredo Petroleum Inc is Expected to report next financial results on November 02, 2020.

More on LPI's Income Statement

LPI's NET INCOME

Laredo Petroleum Inc 's in II. Quarter recorded net loss of $-545 million, compare to net income of $173 million achieved in II. Quarter a year ago.

Sequentially company realized net loss, compare to net income of $74.65 million in previous quarter.

More on LPI's Growth

In II. Quarter company's net cash and cash equivalents decreased by $-47 million, capital expenditures grew by -16.20%, to $-108 millions compare to same quarter a year ago and rose by -31.80% from I. Quarter (Mar 31 2020).

More on LPI's Cash flow Statement

Earnings quality

Laredo Petroleum inc does not pay out common stock dividend.

In trailing twelve-month period Laredo Petroleum inc earned $ 33.03 cash per share, on a free-cash flow basis .

Book value grew by 718.54 % sequentially to $32.23 per share.
Tangible Book value grew to $ 32.23 per share from $ 3.94.

Company repurchased 221.79 million shares or 95.00 % in II. Quarter.

• More on LPI's Dividends

Market Capitalization (Millions)	202
Shares Outstanding (Millions)	12
Total Debt (Millions $)	1,258
Revenue (TTM) (Millions $)	727
Net Income (TTM) (Millions $)	-977
Cash Flow (TTM) (Millions $)	-29
Capital Exp. (TTM) (Millions $)	-646
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	324

Earnings quality

• More on LPI's Balance Sheets

Market Capitalization (Millions)	202
Shares Outstanding (Millions)	12
Total Debt (Millions $)	1,258
Revenue (TTM) (Millions $)	727
Net Income (TTM) (Millions $)	-977
Cash Flow (TTM) (Millions $)	-29
Capital Exp. (TTM) (Millions $)	-646
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	324

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Laredo Petroleum inc

LPI's Financial Statements and Analysis