Laredo Petroleum (LPI) Update - April 24

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dan_s
Posts: 37288
Joined: Fri Apr 23, 2010 8:22 am

Laredo Petroleum (LPI) Update - April 24

Post by dan_s »

I'm taking a hard look at each of the companies in our Small-Cap Growth Portfolio this week. I've decided to drop LPI from the portfolio. The company is doing the right thing to survive and resolve some production issues in the Midland Basin, but it is in "survival mode" for now and not really a good fit for a "growth portfolio". Plus, it produces a lot of natural gas and gas prices will remain depressed in West Texas all year.
Dan Steffens
Energy Prospectus Group
par_putt
Posts: 565
Joined: Tue Apr 27, 2010 11:51 am

Re: Laredo Petroleum (LPI) Update - April 24

Post by par_putt »

this old small cap is beginning to come to life again. i think... might try some

http://www.trans-globe.com/news?article=122
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