LPI
Posted: Sat Jun 13, 2015 12:14 pm
By Zacks Equity Research
June 12, 2015 8:31 AM
Laredo Petroleum, Inc. (LPI) is a firm in the Oil-US Exploration & Production space that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on LPI’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Laredo Petroleum could be a solid choice for investors.
June 12, 2015 8:31 AM
Laredo Petroleum, Inc. (LPI) is a firm in the Oil-US Exploration & Production space that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on LPI’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Laredo Petroleum could be a solid choice for investors.