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Relatively High Return on Equity Detected in Shares of Laredo Petroleum in the Oil & Gas Exploration & Production Industry (LPI, ISRL, NFX, CNX, CRZO)

By Shiri Gupta

Below are the three companies in the Oil & Gas Exploration & Production industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Laredo Petroleum ranks highest with a ROE of 9,495.3%. Isramco Inc is next with a ROE of 9,381.1%. Newfield Explora ranks third highest with a ROE of 2,810.0%.

Consol Energy follows with a ROE of 2,336.6%, and Carrizo Oil&Gas rounds out the top five with a ROE of 2,306.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Laredo Petroleum on August 14th, 2018 by issuing a Downtrend alert when the shares were trading at $8.02. Since that call, shares of Laredo Petroleum have fallen 15.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest return on equity laredo petroleum nasdaq:isrl isramco inc newfield explora consol energy carrizo oil&gas