Laredo Oil, INC. (LRDC) — SEC Filings
Latest SEC filings for Laredo Oil, INC.. Recent 10-Q filing on Oct 20, 2025. AI-decoded analysis of earnings, risk factors, and insider trades.
View Laredo Oil, INC. on SEC EDGAR
Overview
Laredo Oil, INC. (LRDC) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Oct 20, 2025: Laredo Oil, Inc. (LRDC) reported a significant increase in net loss for the three months ended August 31, 2025, reaching $(952,074) compared to $(469,252) for the same period in 2024, representing a 102.9% increase. Revenue declined sharply by 74.5%, from $6,048 in Q3 2024 to $1,543 in Q3 2025. Oper
Sentiment Summary
Across 14 filings, the sentiment breakdown is: 2 bearish, 12 neutral. The dominant filing sentiment for Laredo Oil, INC. is neutral.
Filing Type Overview
Laredo Oil, INC. (LRDC) has filed 6 10-Q, 2 10-K, 5 8-K, 1 10-K/A with the SEC between Jan 2024 to Oct 2025.
Filings by Year
Recent Filings (14)
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Laredo Oil's Net Loss Doubles Amidst Plummeting Revenue
— 10-Q · Oct 20, 2025 Risk: high
Laredo Oil, Inc. (LRDC) reported a significant increase in net loss for the three months ended August 31, 2025, reaching $(952,074) compared to $(469,252) for t -
Laredo Oil Stalls on Production, Faces Mounting Legal Judgments
— 10-K · Sep 15, 2025 Risk: high
Laredo Oil, Inc. (LRDC) reported no revenue for the fiscal year ended May 31, 2025, continuing its focus on oil exploration and production, specifically targeti -
Laredo Oil, Inc. Signs Material Definitive Agreement
— 8-K · Jun 17, 2025 Risk: medium
Laredo Oil, Inc. entered into a material definitive agreement on May 20, 2025. The filing also includes financial statements and exhibits related to this agreem -
Laredo Oil Files Q3 2025 10-Q
— 10-Q · Apr 21, 2025 Risk: medium
Laredo Oil, Inc. filed its quarterly report on Form 10-Q for the period ending February 28, 2025. The company, formerly Laredo Mining, Inc., is engaged in crude -
Laredo Oil Files 10-Q for Nov 30, 2024
— 10-Q · Jan 17, 2025 Risk: medium
Laredo Oil, Inc. filed its 10-Q for the period ending November 30, 2024. The company, formerly Laredo Mining, Inc., is incorporated in Delaware and operates in -
Laredo Oil Files Q1 2025 10-Q
— 10-Q · Oct 21, 2024 Risk: low
Laredo Oil, Inc. filed its 10-Q for the period ending August 31, 2024. The company, formerly Laredo Mining, Inc., is involved in crude petroleum and natural gas -
Laredo Oil Files 10-K/A Amendment
— 10-K/A · Oct 2, 2024 Risk: low
Laredo Oil, Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ending May 31, 2024. The company, formerly Laredo Mining, Inc., is involve -
Laredo Oil, Inc. Files 2024 10-K
— 10-K · Sep 30, 2024 Risk: low
Laredo Oil, Inc. filed its annual report on Form 10-K for the fiscal year ended May 31, 2024. The company, formerly known as Laredo Mining, Inc. until August 8, -
Laredo Oil Changes Accountants Amid Revenue Recognition Dispute
— 8-K · Jun 17, 2024 Risk: medium
Laredo Oil, Inc. announced on June 12, 2024, that it has dismissed its principal accountant, MaloneBailey LLP. The company has engaged WithumSmith+Brown, PC as -
Laredo Oil Changes Independent Accountant
— 8-K · May 9, 2024 Risk: low
Laredo Oil, Inc. filed an 8-K on May 9, 2024, reporting a change in its certifying accountant. The company's principal independent registered public accounting -
Laredo Oil, Inc. Files 10-Q for Period Ending February 29, 2024
— 10-Q · Apr 19, 2024 Risk: low
Laredo Oil, Inc. (LRDC) filed a Quarterly Report (10-Q) with the SEC on April 19, 2024. Laredo Oil, Inc. filed a 10-Q report for the period ending February 29, -
Laredo Oil Files 8-K for Material Agreement
— 8-K · Mar 12, 2024 Risk: low
Laredo Oil, Inc. filed an 8-K on March 11, 2024, reporting the entry into a material definitive agreement and the filing of financial statements and exhibits. T -
Laredo Oil Enters Material Definitive Agreement on Jan 19
— 8-K · Jan 25, 2024
Laredo Oil, Inc. filed an 8-K on January 25, 2024, reporting an "Entry into a Material Definitive Agreement" that occurred on January 19, 2024. This filing indi -
Laredo Oil, Inc. Files 10-Q for Period Ending November 30, 2023
— 10-Q · Jan 22, 2024 Risk: low
Laredo Oil, Inc. (LRDC) filed a Quarterly Report (10-Q) with the SEC on January 22, 2024. Laredo Oil, Inc. filed a 10-Q report for the period ending November 30
Risk Profile
Risk Assessment: Of LRDC's 13 recent filings, 2 were flagged as high-risk, 4 as medium-risk, and 7 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.
Financial Highlights
Key financial metrics from Laredo Oil, INC.'s most recent 10-Q filing (Oct 20, 2025):
- Revenue: $1,543
- Net Income: $(952,074)
- EPS: N/A
- Debt-to-Equity: N/A
- Cash Position: $416,900
- Operating Margin: N/A
- Total Assets: $1,598,620
- Total Debt: N/A
Industry Context
The oil and gas industry is subject to significant price volatility and regulatory scrutiny. Companies in this sector often face challenges related to exploration, production costs, and environmental compliance. Laredo Oil's performance suggests it is struggling to navigate these industry dynamics, particularly with its sharp revenue decline and increasing losses.
Top Tags
10-Q (5) · material-agreement (3) · financials (3) · oil-and-gas (3) · Oil & Gas Exploration (2) · annual-report (2) · auditor-change (2) · accounting (2) · Laredo Oil (2) · Financial Report (2)
Key Numbers
- Revenue: $1,543 — 74.5% decrease from $6,048 in Q3 2024
- Net Loss: $(952,074) — 102.9% increase from $(469,252) in Q3 2024
- Accumulated Deficit: $(26,857,443) — Increased from $(25,905,369) at May 31, 2025
- Total Current Liabilities: $13,842,300 — Increased from $12,909,540 at May 31, 2025
- Interest Expense, net: $276,319 — More than doubled from $133,643 in Q3 2024
- Common Shares Outstanding: 74,887,755 — As of August 31, 2025
- Cash and Cash Equivalents: $416,900 — As of August 31, 2025, up from $277,367 at May 31, 2025
- Total Assets: $1,598,620 — As of August 31, 2025, up from $1,448,018 at May 31, 2025
- Market value of common equity held by non-affiliates: $17.1 million — as of November 30, 2024
- Shares of common stock outstanding: 74,887,755 — as of August 29, 2025
- Gross acres of mineral property interests: 45,766 — held in Montana
- Net acres of mineral property interests: 38,153 — held in Montana
- Cash paid for SORC acquisition: $72,678 — on December 31, 2020
- Royalty rate to Alleghany: 5.0% — on future revenues for seven years post-SORC acquisition
- Judgment against Lustre Oil Company, LLC: $354,267.29 — in favor of Capex Oilfield Services, Inc., with 18% annual interest
Frequently Asked Questions
What are the latest SEC filings for Laredo Oil, INC. (LRDC)?
Laredo Oil, INC. has 14 recent SEC filings from Jan 2024 to Oct 2025, including 6 10-Q, 5 8-K, 2 10-K. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of LRDC filings?
Across 14 filings, the sentiment breakdown is: 2 bearish, 12 neutral. The dominant sentiment is neutral.
Where can I find Laredo Oil, INC. SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Laredo Oil, INC. (LRDC) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Laredo Oil, INC.?
Key financial highlights from Laredo Oil, INC.'s most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for LRDC?
The investment thesis for LRDC includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Laredo Oil, INC.?
Executive information for Laredo Oil, INC. is extracted from SEC filings as they are enriched with AI analysis.
What are the main risk factors for Laredo Oil, INC. stock?
Of LRDC's 13 assessed filings, 2 were flagged high-risk, 4 medium-risk, and 7 low-risk.
What are recent predictions and forward guidance from Laredo Oil, INC.?
Forward guidance and predictions for Laredo Oil, INC. are extracted from SEC filings as they are enriched.