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Compare · LPI vs OXY

LPI vs OXY

Side-by-side comparison of Laredo Petroleum Inc. (LPI) and Occidental Petroleum Corporation (OXY): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both LPI and OXY operate in Oil & Gas Production (Energy), so they compete in similar markets.
  • OXY is the larger of the two at $35.09B, about 29.7x LPI ($1.18B).
  • OXY has hit the wire 3 times in the past 4 weeks while LPI has been quiet.
  • OXY has more recent analyst coverage (25 ratings vs 12 for LPI).
MetricLPIOXY
Company
Laredo Petroleum Inc.
Occidental Petroleum Corporation
Price
$48.12+1.26%
$57.10-1.25%
Market cap
$1.18B
$35.09B
1M return
-
-7.68%
1Y return
-
+40.99%
Industry
Oil & Gas Production
Oil & Gas Production
Exchange
NYSE
NYSE
IPO
2011
News (4w)
0
3
Recent ratings
12
25
LPI

Laredo Petroleum Inc.

Laredo Petroleum, Inc., an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. It engages in the sale of oil, natural gas liquids, and natural gas. The company also engages in the integrated oil and natural gas gathering and transportation systems and related facilities; centralized oil storage tanks; natural gas lift, fuel for drilling, and completions activities; centralized compression infrastructure; and water storage, recycling and transportation facilities. As of December 31, 2020, it had assembled 133,199 net acres in the Permian Basin; and had total proved reserves of 24,642 thousand barrels of oil equivalent. The company was formerly known as Laredo Petroleum Holdings, Inc. and changed its name to Laredo Petroleum, Inc. in December 2013. Laredo Petroleum, Inc. was incorporated in 2006 and is headquartered in Tulsa, Oklahoma.

OXY

Occidental Petroleum Corporation

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. The company operates through three segments: Oil and Gas, Chemical, and Marketing and Midstream. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The company's Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.