Laredo Oil, Inc. (LRDC) Research

Laredo Oil, Inc. functions as a petroleum exploration and production company, concentrating on acquiring and developing seasoned oil fields. The firm employs sophisticated methods to retrieve oil that was previously considered inaccessible from these sites. Originally known as Laredo Mining, Inc., the company adopted its current name, Laredo Oil, Inc., in October 2009. Established in 2008, its principal operations are based in Austin, Texas.

Market snapshot

Symbol
LRDC
Price
$0.83
Day change
-3.49%
Market cap
$65.5M
P/E ratio
-9.25x
52-week range
0.18-0.93
Sector
Energy
Industry
Oil & Gas Exploration & Production

Peer companies

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  • Avanti Helium Corp. (ARGYF)
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  • The Reserve Petroleum Company (RSRV)
  • Sonoro Energy Ltd. (SNVFF)

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