Laredo Petroleum Inc Is Stacked With Potential

After a couple of years testing wells and developing infrastructure in the Permian Basin, Laredo Petroleum (NYSE: LPI  ) now appears set up for fast growth driven by a couple of prime catalysts. The Permian Basin is quickly becoming a favorite investment area with Concho Resources (NYSE: CXO  ) and Pioneer Natural Resources  (NYSE: PXD  ) grabbing investor attention. The basin is located

Concho Resources Inc: A Cheap Permian Producer

As the Permian Basin gains attention, investors need to become more acquainted with Concho Resources (NYSE: CXO  ) . The company is a leading pure-play operator in the basin, producing over 20% production growth and generating solid profits. While the company's stock has surged recently, it is cheap compared to fellow Permian operator Pioneer Natural Resources (NYSE: PXD  ) . It also offers

Pioneer Natural Resources: What’s Not to Like But The Price?

Over the last couple of years, Pioneer Natural Resources  (NYSE: PXD  ) has quickly developed into an oil major with a massive reserve base in the Permian Basin. Unfortunately, the company has garnered a stock valuation that equally matches the potential for production growth. At $28 billion, the stock now trades for seven times expected 2014 revenue. After the divestiture of Alaska and

An Interesting Pure Play in the Permian Basin

It might sound counterintuitive to buy a company after it encounters multiple operational issues, but in some situations the quality of assets and management team warrant such a move. In the case of Laredo Petroleum Holdings (NYSE: LPI  ) , the company has fantastic acreage in the suddenly hot Permian Basin. Note that Pioneer Natural Resources (NYSE: PXD  ) has suggested the Permian Basin