Laredo Petroleum (LPI)

Net assets on the balance sheet as of September 2022 : $1.00 Billion USD

According to Laredo Petroleum's latest financial reports the company has $1.00 Billion USD 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	$$1.04 B	490.79%
2020-12-31	$$0.17 B	-82.61%
2019-12-31	$$1.01 B	-26.33%
2018-12-31	$$1.37 B	31.8%
2017-12-31	$$1.04 B	183.02%
2016-12-31	$$0.36 B	5.82%
2015-12-31	$$0.34 B	-82.48%
2014-12-31	$$1.98 B	30.27%
2013-12-31	$$1.52 B	39.54%
2012-12-31	$$1.09 B	12.26%
2011-12-31	$$0.97 B	73.58%
2010-12-31	$$0.56 B	52.38%
2009-12-31	$$0.36 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pioneer Natural Resources PXD	$23.59 B	2,257.42%	🇺🇸 USA
Ring Energy REI	$0.81 B	-18.31%	🇺🇸 USA
Comstock Resources CRK	$2.36 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 : $1.00 Billion USD