LAREDO PETROLEUM HOLDINGS INC COM USD0.01

  • SandRidge Sees Downgrade, May Now Be a Value Play

    By Meena Krishnamsetty - December 22, 2012 | Tickers: CXO, EGN, LPI, OXY, SD

    SandRidge Energy (NYSE: SD) recently saw Citigroup downgrade the stock from a buy to neutral due to declining cash flows and the flood of oil to market. SandRidge is an oil and natural gas company focused on the development and production of assets in the Mid-Continent area of Oklahoma and Kansas, and in western Texas. One positive is that the estimated proven reserves are around 50/50 oil and gas more »

  • Pure Play Permian Basin Player Hits the Market

    By Eric Fox - October 20, 2012 | Tickers: CXO, FANG, GPOR, LPI, MPO

    Diamondback Energy (NASDAQ: FANG) is the latest exploration and production company to access the capital markets, raising several hundred million dollars through an initial public offering (IPO) of common stock.  The company is a pure play on the Permian Basin and is targeting the development of various oil and liquids formations in this rejuvenated area.

    Initial Public Offering

    Diamondback Energy sold 12.5 million common shares at $17.50 per more »

  • The Resurrection of the Permian Basin

    By Eric Fox - August 20, 2012 | Tickers: APA, CXO, EGN, LPI, WLL

    The Permian Basin recently achieved a milestone that went almost unnoticed by many investors active in the energy sector.  The rig count in this basin moved above 500 rigs during the second quarter of 2012, passing levels reached during the energy boom of the early 1980s.  This is an extraordinary event for the Permian Basin, which was once disdained by many as a mature oil and gas producing area that more »