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
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.
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%.
Average
22.42%
Median
19.38%
Minimum
-14.17%
Maximum
61.24%
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%
| Year | ROE | Change |
|---|---|---|
| 2025 | 25.31% | -1.26% |
| 2024 | 25.63% | -58.15% |
| 2023 | 61.24% | -532.13% |
| 2022 | -14.17% | -205.36% |
| 2021 | 13.45% | 23.82% |
| 2020 | 10.86% | 26.49% |
| 2019 | 8.59% | -236.55% |
| 2018 | -6.29% | -112.44% |
| 2017 | 50.57% | 3.10% |
| 2016 | 49.05% | 7.89% |
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.’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%),
| Company | ROE | Market cap |
|---|---|---|
| 1.58% | $8.90M | |
| -69.46% | $5.86M | |
| 134.25% | $7.20M | |
| -15.06% | $13.90M | |
| 39.69% | $27.89M | |
| -12.13% | $13.59M | |
| -94.35% | $23.67M | |
| -31.73% | $31.55M | |
| 24.60% | $324.58M | |
| 11.79% | $26.71M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Laredo Oil, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Laredo Oil, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Laredo Oil, Inc.'s ROE?
How is the ROE calculated for Laredo Oil, Inc. (LRDC)?
What is the highest ROE for Laredo Oil, Inc. (LRDC)?
What is the 3-year average ROE for Laredo Oil, Inc. (LRDC)?
What is the 5-year average ROE for Laredo Oil, Inc. (LRDC)?
How does the current ROE for Laredo Oil, Inc. (LRDC) compare to its historical average?