Laredo Petroleum (LPI)

Net assets on the balance sheet as of September 2022 : NZ$1.70 Billion

According to Laredo Petroleum's latest financial reports the company has NZ$1.70 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	$NZ$1.52 B	524.09%
2020-12-31	$NZ$0.24 B	-83.77%
2019-12-31	$NZ$1.50 B	-26.62%
2018-12-31	$NZ$2.04 B	39.55%
2017-12-31	$NZ$1.46 B	176.05%
2016-12-31	$NZ$0.53 B	4.55%
2015-12-31	$NZ$0.50 B	-79.95%
2014-12-31	$NZ$2.53 B	36.63%
2013-12-31	$NZ$1.85 B	39.68%
2012-12-31	$NZ$1.32 B	6.5%
2011-12-31	$NZ$1.24 B	71.58%
2010-12-31	$NZ$0.72 B	43.46%
2009-12-31	$NZ$0.50 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pioneer Natural Resources PXD	NZ$40.20 B	2,257.42%	🇺🇸 USA
Ring Energy REI	NZ$1.39 B	-18.31%	🇺🇸 USA
Comstock Resources CRK	NZ$4.02 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 : NZ$1.70 Billion