Laredo Petroleum (LPI) - Cash on Hand

Cash on Hand as of September 2022 : A$77.25 Million

According to Laredo Petroleum's latest financial reports the company has A$77.25 Million in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Laredo Petroleum - Cash on Hand chart (from 2010 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	A$78.34 M	23.55%
2020-12-31	A$63.4 M	8.66%
2019-12-31	A$58.35 M	-8.95%
2018-12-31	A$64.09 M	-55.39%
2017-12-31	A$0.14 B	216.96%
2016-12-31	A$45.32 M	5.99%
2015-12-31	A$42.76 M	19.36%
2014-12-31	A$35.82 M	-83.87%
2013-12-31	A$0.22 B	594.85%
2012-12-31	A$31.97 M	17.07%
2011-12-31	A$27.3 M	-11.19%
2010-12-31	A$30.74 M	84.31%
2009-12-31	A$16.68 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Pioneer Natural Resources PXD	A$0.90 B	1,071.38%	🇺🇸 USA
Ring Energy REI	A$1.82 M	-97.64%	🇺🇸 USA
Comstock Resources CRK	A$21.3 M	-72.42%	🇺🇸 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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