Vital Energy Inc (VTLE)

[Timothy Smith]

LPI has a PE ratio of 94.7. Currently there are 8 analysts that rate Laredo Petroleum Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Laredo Petroleum Holdings has been 1.2 million shares per day over the past 30 days. Laredo has a market cap of $4.2 billion and is part of the basic materials sector and energy industry. Shares are up 61.6% year to date.

In May, Laredo announced that the company had signed an agreement with various affiliates of EnerVest, Ltd. to sell all of Laredo's interests in properties and assets in the Anadarko Basin. Since this divestiture announcement, the company now considers itself a pure-play oil company in the Permian Basin. I love the Permian and am doing several deals with our private portfolio companies as well in this area.

Full presentation here: http://www.laredopetro.com/media/25894/corporate_presentation_-_july_2013.pdf