Laredo Petroleum (LPI) Update - April 24
Laredo Petroleum (LPI) Update - April 24
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
Energy Prospectus Group
Re: Laredo Petroleum (LPI) Update - April 24
this old small cap is beginning to come to life again. i think... might try some
http://www.trans-globe.com/news?article=122
http://www.trans-globe.com/news?article=122