Laredo Petroleum (LPI)

Net assets on the balance sheet as of September 2022 : £0.75 Billion

According to Laredo Petroleum's latest financial reports the company has £0.75 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	$£0.77 B	496.58%
2020-12-31	$£0.12 B	-83.27%
2019-12-31	$£0.77 B	-28.68%
2018-12-31	$£1.08 B	40.33%
2017-12-31	$£0.77 B	158.4%
2016-12-31	$£0.29 B	27.09%
2015-12-31	$£0.23 B	-81.6%
2014-12-31	$£1.27 B	38.02%
2013-12-31	$£0.92 B	36.73%
2012-12-31	$£0.67 B	7.95%
2011-12-31	$£0.62 B	72.4%
2010-12-31	$£0.36 B	59.74%
2009-12-31	$£0.22 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pioneer Natural Resources PXD	£17.69 B	2,257.42%	🇺🇸 USA
Ring Energy REI	£0.63 B	-15.29%	🇺🇸 USA
Comstock Resources CRK	£1.96 B	161.61%	🇺🇸 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 : £0.75 Billion