Laredo Oil, Inc.

Laredo Oil, Inc.verified

LRDC

Price:

$0.87475

Market Cap:

$67.13M

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.

Industry

Oil & Gas Exploration & Production

IPO Date

2009-11-06

Stock Exchange

OTC

Ticker

LRDC

The ROE as of December 2025 (TTM) for Laredo Oil, Inc. (LRDC) is 29.73%

According to Laredo Oil, Inc.’s latest financial reports and current stock price. The company's current ROE is 29.73%. This represents a change of 303.10% compared to the average of 7.38% 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 22.42%. The current 29.73% ROE has changed 32.60% with respect to the historical average. Over the past ten years (40 quarters), LRDC's ROE was at its highest in in the November 2021 quarter at 28.70%. The ROE was at its lowest in in the August 2021 quarter at -65.59%.

Quarterly (TTM)
Annual

Average

22.42%

Median

19.38%

Minimum

-14.17%

Maximum

61.24%

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 = 61.24%

Minimum Annual Increase = -532.13%

Minimum Annual ROE = -14.17%

Quarterly (TTM)
Annual
YearROEChange
202525.31%-1.26%
202425.63%-58.15%
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%

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

37.40%

5-year avg

22.29%

10-year avg

22.42%

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

How is LRDC’s ROE compared to its peers?

Laredo Oil, Inc.’s ROE is less than Sonoro Energy Ltd. (1.58%), greater than ADX Energy Ltd (-69.46%), less than Petro-Victory Energy Corp. (134.25%), greater than Avanti Helium Corp. (-15.06%), less than Prairie Provident Resources Inc. (39.69%), greater than TAG Oil Ltd. (-12.13%), greater than Elixir Energy Limited (-94.35%), greater than Chariot Limited (-31.73%), less than Unit Corporation (24.60%), less than The Reserve Petroleum Company (11.79%),

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