Laredo Petroleum (LPI)

Net assets on the balance sheet as of September 2022 : C$1.39 Billion

According to Laredo Petroleum's latest financial reports the company has C$1.39 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	$C$1.32 B	490.5%
2020-12-31	$C$0.22 B	-83.02%
2019-12-31	$C$1.32 B	-29.36%
2018-12-31	$C$1.87 B	42.8%
2017-12-31	$C$1.31 B	164.79%
2016-12-31	$C$0.49 B	2.51%
2015-12-31	$C$0.48 B	-79.06%
2014-12-31	$C$2.30 B	42.02%
2013-12-31	$C$1.62 B	49.37%
2012-12-31	$C$1.08 B	9.74%
2011-12-31	$C$0.99 B	76.64%
2010-12-31	$C$0.56 B	44.77%
2009-12-31	$C$0.38 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pioneer Natural Resources PXD	C$32.92 B	2,257.42%	🇺🇸 USA
Ring Energy REI	C$1.14 B	-18.31%	🇺🇸 USA
Comstock Resources CRK	C$3.29 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 : C$1.39 Billion