Laredo Petroleum (LPI)

Net assets on the balance sheet as of September 2022 : A$1.59 Billion

According to Laredo Petroleum's latest financial reports the company has A$1.59 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Laredo Petroleum - Net assets on balance sheet (from 2010 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$A$1.43 B	526.61%
2020-12-31	$A$0.22 B	-84.16%
2019-12-31	$A$1.44 B	-25.87%
2018-12-31	$A$1.95 B	46.06%
2017-12-31	$A$1.33 B	161.32%
2016-12-31	$A$0.51 B	6.94%
2015-12-31	$A$0.47 B	-80.32%
2014-12-31	$A$2.42 B	41.98%
2013-12-31	$A$1.71 B	62.57%
2012-12-31	$A$1.05 B	10.76%
2011-12-31	$A$0.95 B	71.96%
2010-12-31	$A$0.55 B	34.76%
2009-12-31	$A$0.41 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pioneer Natural Resources PXD	A$37.68 B	2,257.42%	🇺🇸 USA
Ring Energy REI	A$1.36 B	-14.93%	🇺🇸 USA
Comstock Resources CRK	A$3.77 B	136.04%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Laredo Petroleum (LPI) - Net assets

Net assets on the balance sheet as of September 2022 : A$1.59 Billion