Goodrich Petroleum Corp Company Profile (NYSE:GDP)

About Goodrich Petroleum Corp (NYSE:GDP)

Goodrich Petroleum Corp logoGoodrich Petroleum Corporation is an independent oil and natural gas company. The Company is engaged in the exploration, development and production of oil and natural gas on properties primarily in Southwest Mississippi and Southeast Louisiana, which includes the Tuscaloosa Marine Shale Trend (TMS); Northwest Louisiana and East Texas, which includes the Haynesville Shale Trend, and South Texas, which includes the Eagle Ford Shale Trend. It has interests in over 193 producing oil and natural gas wells located in over 43 fields in over eight states of the United States. It has estimated proved reserves of approximately 9.1 million barrels of oil equivalent (MMBoe), consisting of over 31.9 billion cubic feet (Bcf) of natural gas and approximately 3.8 million barrels (MMBbls) of oil and condensate. It also maintains ownership interests in acreage and wells in various other fields, including Longwood field in Caddo Parish, Louisiana and the Garfield Unit in Kalkaska County, Michigan.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:GDP
  • CUSIP: 38241040
  • Web:
  • Market Cap: $103.8 million
  • Outstanding Shares: 10,538,000
Average Prices:
  • 50 Day Moving Avg: $10.37
  • 200 Day Moving Avg: $12.74
  • 52 Week Range: $8.20 - $17.25
  • Trailing P/E Ratio: 5.59
  • Foreward P/E Ratio: 9.66
  • P/E Growth: 2.28
Sales & Book Value:
  • Annual Revenue: $35.26 million
  • Price / Sales: 2.94
  • Book Value: $5.31 per share
  • Price / Book: 1.85
  • EBIDTA: $3.11 million
  • Net Margins: -82.49%
  • Return on Assets: -23.72%
  • Average Volume: 34,792 shs.
  • Short Ratio: 0.62

Frequently Asked Questions for Goodrich Petroleum Corp (NYSE:GDP)

What is Goodrich Petroleum Corp's stock symbol?

Goodrich Petroleum Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "GDP."

How were Goodrich Petroleum Corp's earnings last quarter?

Goodrich Petroleum Corp (NYSE:GDP) posted its quarterly earnings results on Friday, August, 4th. The company reported ($0.13) EPS for the quarter, topping analysts' consensus estimates of ($0.21) by $0.08. The business had revenue of $12.50 million for the quarter, compared to the consensus estimate of $10.70 million. The company's quarterly revenue was down 42.9% compared to the same quarter last year. View Goodrich Petroleum Corp's Earnings History.

Where is Goodrich Petroleum Corp's stock going? Where will Goodrich Petroleum Corp's stock price be in 2017?

4 equities research analysts have issued 12 month target prices for Goodrich Petroleum Corp's stock. Their forecasts range from $20.00 to $21.00. On average, they expect Goodrich Petroleum Corp's stock price to reach $20.50 in the next year. View Analyst Ratings for Goodrich Petroleum Corp.

Who are some of Goodrich Petroleum Corp's key competitors?

Who are Goodrich Petroleum Corp's key executives?

Goodrich Petroleum Corp's management team includes the folowing people:

  • Robert C. Turnham Jr., President, Chief Operating Officer, Director
  • Robert T. Barker, Interim Chief Financial Officer, Chief Accounting Officer, Vice President, Controller
  • Mark E. Ferchau, Executive Vice President
  • Michael Joseph Killelea, Senior Vice President, General Counsel, Corporate Secretary
  • Ronald F. Coleman, Director
  • Walter G. Goodrich, Director
  • K. Adam Leight CFA, Director
  • Timothy D. Leuliette, Director
  • Steven Pully, Director

Who owns Goodrich Petroleum Corp stock?

Goodrich Petroleum Corp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.29%), FMR LLC (2.13%), Raffles Associates LP (1.81%), Penn Capital Management Co. Inc. (1.32%), Ameriprise Financial Inc. (1.25%) and Parkwood LLC (0.94%). View Institutional Ownership Trends for Goodrich Petroleum Corp.

Who bought Goodrich Petroleum Corp stock? Who is buying Goodrich Petroleum Corp stock?

Goodrich Petroleum Corp's stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., FMR LLC, Raffles Associates LP, Penn Capital Management Co. Inc., Ameriprise Financial Inc., Parkwood LLC and Schneider Capital Management Corp. View Insider Buying and Selling for Goodrich Petroleum Corp.

How do I buy Goodrich Petroleum Corp stock?

Shares of Goodrich Petroleum Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Goodrich Petroleum Corp's stock price today?

One share of Goodrich Petroleum Corp stock can currently be purchased for approximately $9.85.

MarketBeat Community Rating for Goodrich Petroleum Corp (NYSE GDP)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  283 (Vote Outperform)
Underperform Votes:  240 (Vote Underperform)
Total Votes:  523
MarketBeat's community ratings are surveys of what our community members think about Goodrich Petroleum Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Goodrich Petroleum Corp (NYSE:GDP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $20.50 (108.12% upside)

Analysts' Ratings History for Goodrich Petroleum Corp (NYSE:GDP)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/11/2017Capital One Financial CorporationInitiated CoverageOverweightHighView Rating Details
6/28/2017Northland SecuritiesInitiated CoverageOutperform$21.00MediumView Rating Details
4/11/2017SunTrust Banks, Inc.Initiated CoverageBuy$20.00LowView Rating Details
3/1/2017Roth CapitalInitiated CoverageBuyN/AView Rating Details
12/3/2015KLR GroupDowngradeHold -> ReduceN/AView Rating Details
12/1/2015Stifel NicolausDowngradeHold -> SellN/AView Rating Details
11/2/2015FBR & CoDowngradeOutperform -> Market Perform$4.00N/AView Rating Details
10/5/2015Imperial CapitalReiterated RatingIn-Line$0.70 -> $0.60N/AView Rating Details
(Data available from 9/21/2015 forward)


Earnings History for Goodrich Petroleum Corp (NYSE:GDP)
Earnings by Quarter for Goodrich Petroleum Corp (NYSE:GDP)
Earnings History by Quarter for Goodrich Petroleum Corp (NYSE GDP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/4/20176/30/2017($0.21)($0.13)$10.70 million$12.50 millionViewN/AView Earnings Details
5/9/2017Q1($0.04)($0.63)$9.89 million$9.41 millionViewListenView Earnings Details
11/4/2015Q315($0.20)($0.44)$28.65 million$31.50 millionViewN/AView Earnings Details
8/5/2015Q215($0.29)($0.33)$34.46 million$37.30 millionViewN/AView Earnings Details
5/6/2015Q115($0.54)($0.38)$39.51 million$24.00 millionViewN/AView Earnings Details
2/27/2015Q414($0.45)($0.47)$58.00 million$480.60 millionViewN/AView Earnings Details
11/4/2014Q314($0.41)($0.49)$57.70 million$54.90 millionViewListenView Earnings Details
8/7/2014Q214($0.46)($0.48)$55.10 million$53.30 millionViewListenView Earnings Details
5/6/2014Q114($0.46)($0.54)$53.71 million$51.80 millionViewListenView Earnings Details
2/28/2014Q413($0.48)($0.57)$62.74 million$50.60 millionViewListenView Earnings Details
11/5/2013Q313($0.85)($0.54)$59.40 million$57.20 millionViewListenView Earnings Details
8/6/2013Q2 2013($0.61)($0.63)$58.00 million$48.50 millionViewListenView Earnings Details
5/6/2013Q1 2013($0.47)($0.82)$55.90 million$47.08 millionViewListenView Earnings Details
2/20/2013Q4 2012($0.08)($0.19)$64.90 million$48.23 millionViewListenView Earnings Details
11/6/2012Q312($0.05)($0.23)$66.56 million$46.00 millionViewN/AView Earnings Details
8/6/2012($0.14)($0.21)ViewN/AView Earnings Details
5/7/2012($0.21)($0.28)ViewN/AView Earnings Details
2/22/2012($0.20)($0.66)ViewN/AView Earnings Details
11/2/2011($0.04)($0.16)ViewN/AView Earnings Details
8/3/2011($0.09)($0.04)ViewN/AView Earnings Details
5/5/2011($0.11)($0.68)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Goodrich Petroleum Corp (NYSE:GDP)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.52)($0.47)($0.50)
Q2 20172($0.52)($0.45)($0.49)
Q3 20172($0.52)($0.42)($0.47)
(Data provided by Zacks Investment Research)


Dividend History for Goodrich Petroleum Corp (NYSE:GDP)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Goodrich Petroleum Corp (NYSE:GDP)
Insider Trades by Quarter for Goodrich Petroleum Corp (NYSE:GDP)
Institutional Ownership by Quarter for Goodrich Petroleum Corp (NYSE:GDP)
Insider Trades by Quarter for Goodrich Petroleum Corp (NYSE:GDP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/6/2017Robert T. BarkerVPSell3,072$12.20$37,478.40View SEC Filing  
6/18/2015Josiah T AustinDirectorBuy13,912$6.61$91,958.32View SEC Filing  
4/2/2015Walter G GoodrichCEOSell275,790$3.58$987,328.20View SEC Filing  
12/16/2014Jan L SchottCFOSell2,695$4.14$11,157.30View SEC Filing  
12/16/2014Mark E FerchauEVPSell4,362$4.14$18,058.68View SEC Filing  
12/16/2014Michael J KilleleaSVPSell2,647$4.14$10,958.58View SEC Filing  
12/16/2014Robert C Turnham JrCOOSell7,345$4.14$30,408.30View SEC Filing  
12/16/2014Walter G GoodrichCEOSell8,057$4.14$33,355.98View SEC Filing  
12/12/2014Jan L SchottCFOSell10,373$4.08$42,321.84View SEC Filing  
12/12/2014Mark E FerchauEVPSell16,204$4.08$66,112.32View SEC Filing  
12/12/2014Michael J KilleleaSVPSell9,141$4.08$37,295.28View SEC Filing  
12/12/2014Robert C Turnham JrCOOSell20,974$4.08$85,573.92View SEC Filing  
12/12/2014Walter G GoodrichCEOSell43,981$4.11$180,761.91View SEC Filing  
12/9/2014Robert T BarkerInsiderBuy1,000$7.80$7,800.00View SEC Filing  
12/2/2014Patrick E MalloyMajor ShareholderSell17,513$4.50$78,808.50View SEC Filing  
11/6/2014Michael J PerdueDirectorBuy17,075$7.52$128,404.00View SEC Filing  
11/6/2014Robert C Turnham JrCOOBuy3,000$7.37$22,110.00View SEC Filing  
10/3/2014Patrick E MalloyChairmanSell12,000$13.02$156,240.00View SEC Filing  
9/16/2014Patrick E MalloyChairmanSell6,000$18.90$113,400.00View SEC Filing  
9/15/2014Patrick E MalloyChairmanSell3,000$18.55$55,650.00View SEC Filing  
9/12/2014Patrick E MalloyChairmanSell13,750$18.48$254,100.00View SEC Filing  
12/24/2013Dawn SmajstrlaVPSell3,000$17.13$51,390.00View SEC Filing  
12/16/2013Dawn SmajstrlaVPSell2,626$16.10$42,278.60View SEC Filing  
12/16/2013Jan SchottCFOSell14,019$16.11$225,846.09View SEC Filing  
12/16/2013Mark FerchauEVPSell22,452$16.11$361,701.72View SEC Filing  
12/16/2013Michael KilleleaSVPSell12,596$27.12$341,603.52View SEC Filing  
12/16/2013Robert Turnham, Jr.COOSell28,726$16.11$462,775.86View SEC Filing  
12/16/2013Walter GoodrichCEOSell30,371$16.11$489,276.81View SEC Filing  
12/11/2013Patrick Malloymajor shareholderSell5,000$16.22$81,100.00View SEC Filing  
12/10/2013Mark FerchauEVPSell6,518$17.69$115,303.42View SEC Filing  
12/10/2013Robert Turnham, Jr.COOSell7,734$17.69$136,814.46View SEC Filing  
12/10/2013Walter GoodrichCEOSell8,617$17.69$152,434.73View SEC Filing  
12/4/2013Patrick Malloymajor shareholderSell12,000$19.43$233,160.00View SEC Filing  
12/2/2013Michael PerdueDirectorBuy1,250$18.36$22,950.00View SEC Filing  
9/6/2013Henry GoodrichDirectorSell4,000$25.04$100,160.00View SEC Filing  
8/29/2013Josiah AustinDirectorSell551,352$21.42$11,809,959.84View SEC Filing  
8/26/2013Josiah AustinDirectorSell448,648$21.85$9,802,958.80View SEC Filing  
12/27/2012Michael J PerdueDirectorBuy1,200$8.69$10,428.00View SEC Filing  
11/14/2012Peter GoodsonDirectorBuy19,000$7.99$151,810.00View SEC Filing  
11/14/2012Robert C Turnham JrCOOBuy10,000$8.15$81,500.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Goodrich Petroleum Corp (NYSE:GDP)
Latest Headlines for Goodrich Petroleum Corp (NYSE:GDP)
DateHeadline logoHow OPEC and Saudi Arabia Drive Crude Oil Prices - September 11 at 7:31 PM logoGoodrich Petroleum To Present At Upcoming Events - September 11 at 7:31 PM logoPre-Hurricane Harvey, US Crude Oil Demand Hit a Record High - September 1 at 7:17 PM logoMidstates Petroleum (MPO) & Goodrich Petroleum Corp (GDP) Head to Head Review - August 21 at 12:22 PM logoWill Global Oil Consumption Beat Production? - August 14 at 7:16 PM logo Brokerages Anticipate Goodrich Petroleum Corp (NYSE:GDP) Will Announce Quarterly Sales of $13.29 Million - August 13 at 11:32 AM logoGoodrich Petroleum To Present At Upcoming Conferences - August 11 at 7:26 PM logoGoodrich Petroleum Corp. :GDP-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017 - August 10 at 8:15 PM logoGoodrich Petroleum Corp (NYSE:GDP) Posts Earnings Results, Beats Estimates By $0.08 EPS - August 4 at 5:02 PM logoUS Crude Oil Inventories Fell below the 5-Year Average - July 27 at 7:30 PM logoWill US Crude Oil Inventories Extend Oil’s Gains? - July 26 at 7:34 PM logoGoodrich Petroleum Corp (GDP) Expected to Post Quarterly Sales of $10.50 Million - July 26 at 4:13 PM logoGoodrich Petroleum Corp (GDP) Downgraded to Sell at Zacks Investment Research - July 25 at 10:50 PM logoGoodrich Petroleum Corp (GDP) Expected to Announce Earnings of -$0.29 Per Share - July 24 at 9:51 AM logoUS Distillate Inventories Support Diesel and Crude Oil Futures - July 20 at 4:42 PM logoCushing Crude Oil Inventories: Biggest Weekly Fall since January - July 17 at 7:52 PM logoCapital One Financial Corporation Initiates Coverage on Goodrich Petroleum Corp (NYSE:GDP) - July 11 at 11:20 AM logoKey Support and Resistance Level for US Crude Oil Futures - July 10 at 6:52 PM logoOPEC’s Crude Oil Production Hit a 2017 High - July 3 at 6:41 PM logoGoodrich Petroleum Corp (GDP) Receives New Coverage from Analysts at Northland Securities - July 2 at 3:41 PM logo$10.55 Million in Sales Expected for Goodrich Petroleum Corp (GDP) This Quarter - June 29 at 9:01 AM logoWill API and US Crude Oil Inventories Drive Prices Higher? - June 28 at 6:33 PM logo-$0.24 EPS Expected for Goodrich Petroleum Corp (GDP) This Quarter - June 28 at 12:30 AM logoGoodrich Petroleum Announces Conference Call to Discuss Second Quarter 2017 Financial Results and Operational Update - June 22 at 9:29 AM logoGoodrich Petroleum reveals strong results from Louisiana gas well - Seeking Alpha - June 14 at 6:43 PM logoGoodrich Petroleum Announces Haynesville Shale Well Result, Operational Update And Increased Guidance - June 14 at 11:02 AM logoSaudi Arabia’s Real Crude Oil Production and Export Plans - June 13 at 11:20 AM logoGoodrich Petroleum Corp. :GDP-US: Earnings Analysis: Q1, 2017 By the Numbers : June 8, 2017 - June 8 at 6:22 PM logoWill US Crude Oil Inventories Fall for the Ninth Week? - June 7 at 11:00 AM logoGoodrich Petroleum Corp (GDP) VP Sells $37,478.40 in Stock - June 6 at 10:30 PM logoZacks: Brokerages Anticipate Goodrich Petroleum Corp (GDP) Will Announce Quarterly Sales of $10.55 Million - June 3 at 7:30 AM logoLarge Fall in Gasoline Inventories Didn’t Support Gasoline Prices - June 2 at 6:44 PM logoGoodrich Petroleum Corp (GDP) Expected to Post Earnings of -$0.24 Per Share - June 1 at 10:12 PM logoAsia’s Crude Oil Imports and Demand Could Drive Oil Prices - June 1 at 6:08 PM logoGoodrich Petroleum acquires more Haynesville acreage, reports well result - Seeking Alpha - June 1 at 3:24 AM logoGoodrich Petroleum Announces Haynesville Shale Well Result, Acreage Acquisition, Acreage Swap And Operational Update - May 31 at 5:21 PM logoGlobal Crude Oil Supply Outages Could Help Crude Oil Bulls - May 30 at 11:08 AM logoAnalyzing the US, Canada, and Brazil’s Crude Oil Production - May 25 at 7:45 PM logoWTI Crude Oil and Gasoline Futures Diverge - May 18 at 10:00 AM logoGoodrich Petroleum Corporation's (GDP) Walter Goodrich on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha - May 13 at 9:54 AM logoIndia Oil Demand Rises 3.3% in April After Falling for 3 Months - May 12 at 11:01 PM logoGoodrich Petroleum Corp (GDP) Posts Earnings Results, Misses Expectations By $0.59 EPS - May 10 at 2:26 PM logo$10.56 Million in Sales Expected for Goodrich Petroleum Corp (GDP) This Quarter - May 10 at 10:30 AM logoGoodrich Petroleum Announces First Quarter 2017 Financial Results and Operational Update - May 9 at 11:41 AM logoGoodrich Petroleum Corp (GDP) Expected to Post Earnings of -$0.04 Per Share - May 8 at 4:16 PM logoFavorable Press Coverage Very Likely to Impact Goodrich Petroleum Corp (GDP) Share Price - May 3 at 10:06 PM logoSomewhat Critical Media Coverage Likely to Affect Goodrich Petroleum (GDP) Share Price - April 29 at 7:42 AM logoPositive Press Coverage Very Likely to Impact Goodrich Petroleum (GDP) Share Price - April 26 at 9:26 PM logoGoodrich Petroleum (GDP) Earning Somewhat Negative News Coverage, Analysis Finds - April 23 at 2:09 PM logoZacks: Analysts Anticipate Goodrich Petroleum Co. (GDP) Will Announce Quarterly Sales of $9.89 Million - April 19 at 10:19 AM



Goodrich Petroleum Corp (GDP) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by Staff