Laredo Petroleum (LPI)

Net assets on the balance sheet as of September 2022 : HK$7.78 Billion

According to Laredo Petroleum's latest financial reports the company has HK$7.78 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	$HK$8.11 B	494.25%
2020-12-31	$HK$1.36 B	-82.69%
2019-12-31	$HK$7.88 B	-26.73%
2018-12-31	$HK$10.76 B	32.11%
2017-12-31	$HK$8.14 B	185.16%
2016-12-31	$HK$2.85 B	5.87%
2015-12-31	$HK$2.69 B	-82.5%
2014-12-31	$HK$15.42 B	30.31%
2013-12-31	$HK$11.83 B	39.59%
2012-12-31	$HK$8.47 B	12.03%
2011-12-31	$HK$7.56 B	73.24%
2010-12-31	$HK$4.36 B	52.94%
2009-12-31	$HK$2.85 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pioneer Natural Resources PXD	HK$183.58 B	2,257.42%	🇺🇸 USA
Ring Energy REI	HK$6.36 B	-18.31%	🇺🇸 USA
Comstock Resources CRK	HK$18.38 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 : HK$7.78 Billion