Laredo Oil, Inc.

Laredo Oil, Inc.verified

LRDC

Price:

$0.37

Market Cap:

$26.57M

Laredo Oil, Inc., an oil exploration and production company, engages in the acquisition and exploration of mature oil fields, and recovers stranded oil from those fields using enhanced oil recovery methods. The company was formerly known as Laredo Mining, Inc. and changed its name to Laredo Oil, Inc. in October 2009. Laredo Oil, Inc. was incorporated in 2008 and is based in Austin, Texas.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2009-11-06

Stock Exchange

PNK

Ticker

LRDC

The PE Ratio as of September 2024 (TTM) for Laredo Oil, Inc. (LRDC) is -9.25

According to Laredo Oil, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -9.25. This represents a change of 76.04% compared to the average of -5.25 of the last 4 quarters.

Laredo Oil, Inc. (LRDC) Historical PE Ratio (quarterly & annually)

How has LRDC PE Ratio performed in the past?

The mean historical PE Ratio of Laredo Oil, Inc. over the last ten years is -4.34. The current -9.25 PE Ratio has changed 21.22% with respect to the historical average. Over the past ten years (40 quarters), LRDC's PE Ratio was at its highest in in the November 2014 quarter at 8.86K. The PE Ratio was at its lowest in in the August 2014 quarter at -56.49.

Quarterly (TTM)
Annual

Average

-4.34

Median

-7.59

Minimum

-38.00

Maximum

54.68

Laredo Oil, Inc. (LRDC) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Laredo Oil, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 145.04%

Maximum Annual PE Ratio = 54.68

Minimum Annual Increase = -2034.65%

Minimum Annual PE Ratio = -38.00

Quarterly (TTM)
Annual
YearPE RatioChange
2023-1.21-105.87%
202220.62-247.79%
2021-13.95145.04%
2020-5.69-61.84%
2019-14.92-127.29%
201854.68-2034.65%
2017-2.83-70.21%
2016-9.49-75.04%
2015-38.0016.62%
2014-32.59109.81%

Laredo Oil, Inc. (LRDC) Average PE Ratio

How has LRDC PE Ratio performed in the past?

The current PE Ratio of Laredo Oil, Inc. (LRDC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.82

5-year avg

-3.03

10-year avg

-4.34

Laredo Oil, Inc. (LRDC) PE Ratio vs. Peers

How is LRDC’s PE Ratio compared to its peers?

Laredo Oil, Inc.’s PE Ratio is less than ARC Resources Ltd. (11.77), less than Freehold Royalties Ltd. (14.29), less than Capricorn Energy PLC (-1.51), less than Diversified Energy Company PLC (0.85), less than PrairieSky Royalty Ltd. (28.65), less than MEG Energy Corp. (0), less than Tourmaline Oil Corp. (11.92), less than Cardinal Energy Ltd. (14.21), less than Callon Petroleum Company (8.70), less than SandRidge Energy, Inc. (5.99), less than SilverBow Resources, Inc. (11.41), less than Earthstone Energy, Inc. (4.99), less than Permian Resources Corporation (4.95), less than Baytex Energy Corp. (12.70), less than Magnolia Oil & Gas Corporation (-8.57), less than Vital Energy, Inc. (12.62), less than Kimbell Royalty Partners, LP (4.37), less than Black Stone Minerals, L.P. (23.89), less than Sabine Royalty Trust (9.32), less than PermRock Royalty Trust (9.96), less than Dorchester Minerals, L.P. (9.36), less than null (11.64),

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