Laredo Oil, Inc. is a management services company, which engages in the acquisition of mature oil fields and the recovery of stranded oil. The company was founded on March 31, 2008 and is headquartered in Golden, CO.
Company profile
Ticker
LRDC
Exchange
Website
CEO
Mark S. See
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Laredo Mining, Inc.
SEC CIK
LRDC stock data
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
23 Jan 23
NT 10-Q
Notice of late quarterly filing
17 Jan 23
8-K
Changes in Registrant's Certifying Accountant
19 Dec 22
8-K
Changes in Registrant's Certifying Accountant
29 Nov 22
8-K
Entry into a Material Definitive Agreement
29 Nov 22
8-K
Financial Statements and Exhibits
28 Oct 22
10-Q
2023 Q1
Quarterly report
24 Oct 22
NT 10-Q
Notice of late quarterly filing
17 Oct 22
8-K
Entry into a Material Definitive Agreement
27 Sep 22
10-K
2022 FY
Annual report
13 Sep 22
Latest ownership filings
Financial summary
| Quarter (USD) | Nov 22 | Aug 22 | May 22 | Feb 22 | |
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| Diluted EPS |
| Annual (USD) | May 22 | May 21 | May 20 | May 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 99.67 k | 99.67 k | 99.67 k | 99.67 k | 99.67 k | 99.67 k |
| Cash burn (monthly) | 5.68 k | 102.52 k | 208.31 k | 231.51 k | 159.05 k | 111.07 k |
| Cash used (since last report) | 22.72 k | 410.41 k | 833.94 k | 926.84 k | 636.75 k | 444.67 k |
| Cash remaining | 76.94 k | -310.74 k | -734.27 k | -827.17 k | -537.08 k | -345.00 k |
| Runway (months of cash) | 13.6 | -3.0 | -3.5 | -3.6 | -3.4 | -3.1 |