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 ROE as of September 2024 (TTM) for Laredo Oil, Inc. (LRDC) is 52.74%

According to Laredo Oil, Inc.’s latest financial reports and current stock price. The company's current ROE is 52.74%. This represents a change of 293.96% compared to the average of 13.39% of the last 4 quarters.

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

How has LRDC ROE performed in the past?

The mean historical ROE of Laredo Oil, Inc. over the last ten years is 30.75%. The current 52.74% ROE has changed 71.52% with respect to the historical average. Over the past ten years (40 quarters), LRDC's ROE was at its highest in in the May 2014 quarter at 48.31%. The ROE was at its lowest in in the August 2021 quarter at -65.59%.

Quarterly (TTM)
Annual

Average

30.75%

Median

29.46%

Minimum

-14.17%

Maximum

88.72%

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

Discovering the peaks and valleys of Laredo Oil, Inc. ROE, 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 = 26.49%

Maximum Annual ROE = 88.72%

Minimum Annual Increase = -532.13%

Minimum Annual ROE = -14.17%

Quarterly (TTM)
Annual
YearROEChange
202361.24%-532.13%
2022-14.17%-205.36%
202113.45%23.82%
202010.86%26.49%
20198.59%-236.55%
2018-6.29%-112.44%
201750.57%3.10%
201649.05%7.89%
201545.46%-48.76%
201488.72%-11.16%

Laredo Oil, Inc. (LRDC) Average ROE

How has LRDC ROE performed in the past?

The current ROE 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

20.17%

5-year avg

15.99%

10-year avg

30.75%

Laredo Oil, Inc. (LRDC) ROE vs. Peers

How is LRDC’s ROE compared to its peers?

Laredo Oil, Inc.’s ROE is less than ARC Resources Ltd. (15.72%), less than Freehold Royalties Ltd. (16.17%), greater than Capricorn Energy PLC (-42.49%), greater than Diversified Energy Company PLC (-288.90%), less than PrairieSky Royalty Ltd. (8.36%), less than MEG Energy Corp. (0%), less than Tourmaline Oil Corp. (12.84%), less than Cardinal Energy Ltd. (10.71%), less than Callon Petroleum Company (12.73%), less than SandRidge Energy, Inc. (10.67%), less than SilverBow Resources, Inc. (9.06%), less than Earthstone Energy, Inc. (17.54%), less than Permian Resources Corporation (26.29%), less than Baytex Energy Corp. (10.79%), greater than Magnolia Oil & Gas Corporation (-9.95%), less than Vital Energy, Inc. (22.17%), less than Kimbell Royalty Partners, LP (10.08%), less than Black Stone Minerals, L.P. (5.97%), less than Sabine Royalty Trust (30.89%), less than PermRock Royalty Trust (1.10%), less than Dorchester Minerals, L.P. (6.90%), less than null (59.97%),

Build a custom stock screener for Laredo Oil, Inc. (LRDC) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Laredo Oil, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Laredo Oil, Inc. (LRDC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Laredo Oil, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Laredo Oil, Inc.'s ROE?

How is the ROE calculated for Laredo Oil, Inc. (LRDC)?

What is the highest ROE for Laredo Oil, Inc. (LRDC)?

What is the 3-year average ROE for Laredo Oil, Inc. (LRDC)?

What is the 5-year average ROE for Laredo Oil, Inc. (LRDC)?

How does the current ROE for Laredo Oil, Inc. (LRDC) compare to its historical average?