Laredo Petroleum (LPI)

Net assets on the balance sheet as of September 2022 : ₹86.50 Billion

According to Laredo Petroleum's latest financial reports the company has ₹86.50 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	$₹77.46 B	501.27%
2020-12-31	$₹12.88 B	-82.16%
2019-12-31	$₹72.22 B	-24.86%
2018-12-31	$₹96.12 B	44.34%
2017-12-31	$₹66.59 B	165.93%
2016-12-31	$₹25.04 B	8.2%
2015-12-31	$₹23.14 B	-81.63%
2014-12-31	$₹126.00 B	33.64%
2013-12-31	$₹94.29 B	57.44%
2012-12-31	$₹59.88 B	16.19%
2011-12-31	$₹51.54 B	104.92%
2010-12-31	$₹25.15 B	47.16%
2009-12-31	$₹17.09 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pioneer Natural Resources PXD	₹2.039 T	2,257.42%	🇺🇸 USA
Ring Energy REI	₹73.59 B	-14.93%	🇺🇸 USA
Comstock Resources CRK	₹204.19 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 : ₹86.50 Billion