Laredo Petroleum (LPI)

Net assets on the balance sheet as of September 2022 : S$1.34 Billion

According to Laredo Petroleum's latest financial reports the company has S$1.34 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	$S$1.40 B	503.73%
2020-12-31	$S$0.23 B	-82.93%
2019-12-31	$S$1.36 B	-27.3%
2018-12-31	$S$1.87 B	34.63%
2017-12-31	$S$1.39 B	161.55%
2016-12-31	$S$0.53 B	8.27%
2015-12-31	$S$0.49 B	-81.25%
2014-12-31	$S$2.62 B	35.86%
2013-12-31	$S$1.93 B	44.56%
2012-12-31	$S$1.33 B	6%
2011-12-31	$S$1.26 B	74.51%
2010-12-31	$S$0.72 B	39.82%
2009-12-31	$S$0.51 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pioneer Natural Resources PXD	S$31.67 B	2,257.42%	🇺🇸 USA
Ring Energy REI	S$1.09 B	-18.31%	🇺🇸 USA
Comstock Resources CRK	S$3.17 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 : S$1.34 Billion