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: www.goodrichpetroleum.com/
Capitalization:
  • Market Cap: $92.31 million
  • Outstanding Shares: 10,538,000
Average Prices:
  • 50 Day Moving Avg: $12.09
  • 200 Day Moving Avg: $13.31
  • 52 Week Range: $8.26 - $17.25
P/E:
  • Trailing P/E Ratio: 4.97
  • Foreward P/E Ratio: 7.96
  • P/E Growth: 3.02
Sales & Book Value:
  • Annual Revenue: $35.26 million
  • Price / Sales: 2.62
  • Book Value: $5.31 per share
  • Price / Book: 1.65
Profitability:
  • EBIDTA: $3.11 million
  • Net Margins: -82.49%
  • Return on Assets: -23.72%
Misc:
  • Average Volume: 28,106 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) issued its earnings results on Friday, August, 4th. The company reported ($0.13) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.21) by $0.08. The firm earned $12.50 million during the quarter, compared to analysts' expectations of $10.70 million. The company's revenue for the quarter was down 42.9% on a year-over-year basis. 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 analysts have issued twelve-month price objectives for Goodrich Petroleum Corp's shares. Their predictions range from $20.00 to $21.00. On average, they anticipate Goodrich Petroleum Corp's share price to reach $20.50 in the next twelve months. 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 institutional and retail 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 acquired 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 $8.76.


MarketBeat Community Rating for Goodrich Petroleum Corp (NYSE GDP)
Community Ranking:  2.7 out of 5 ( )
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  228 (Vote Underperform)
Total Votes:  500
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 (134.02% upside)

Analysts' Ratings History for Goodrich Petroleum Corp (NYSE:GDP)
Show:
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 8/18/2015 forward)

Earnings

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)

Estimates

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)

Dividends

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

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)

Headlines

Headline Trends for Goodrich Petroleum Corp (NYSE:GDP)
Latest Headlines for Goodrich Petroleum Corp (NYSE:GDP)
Source:
DateHeadline
finance.yahoo.com logoWill Global Oil Consumption Beat Production?
finance.yahoo.com - August 14 at 7:16 PM
americanbankingnews.com logo Brokerages Anticipate Goodrich Petroleum Corp (NYSE:GDP) Will Announce Quarterly Sales of $13.29 Million
www.americanbankingnews.com - August 13 at 11:32 AM
finance.yahoo.com logoGoodrich Petroleum To Present At Upcoming Conferences
finance.yahoo.com - August 11 at 7:26 PM
finance.yahoo.com logoGoodrich Petroleum Corp. :GDP-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017
finance.yahoo.com - August 10 at 8:15 PM
americanbankingnews.com logoGoodrich Petroleum Corp (NYSE:GDP) Posts Earnings Results, Beats Estimates By $0.08 EPS
www.americanbankingnews.com - August 4 at 5:02 PM
finance.yahoo.com logoUS Crude Oil Inventories Fell below the 5-Year Average
finance.yahoo.com - July 27 at 7:30 PM
finance.yahoo.com logoWill US Crude Oil Inventories Extend Oil’s Gains?
finance.yahoo.com - July 26 at 7:34 PM
americanbankingnews.com logoGoodrich Petroleum Corp (GDP) Expected to Post Quarterly Sales of $10.50 Million
www.americanbankingnews.com - July 26 at 4:13 PM
americanbankingnews.com logoGoodrich Petroleum Corp (GDP) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - July 25 at 10:50 PM
americanbankingnews.com logoGoodrich Petroleum Corp (GDP) Expected to Announce Earnings of -$0.29 Per Share
www.americanbankingnews.com - July 24 at 9:51 AM
finance.yahoo.com logoUS Distillate Inventories Support Diesel and Crude Oil Futures
finance.yahoo.com - July 20 at 4:42 PM
finance.yahoo.com logoCushing Crude Oil Inventories: Biggest Weekly Fall since January
finance.yahoo.com - July 17 at 7:52 PM
americanbankingnews.com logoCapital One Financial Corporation Initiates Coverage on Goodrich Petroleum Corp (NYSE:GDP)
www.americanbankingnews.com - July 11 at 11:20 AM
finance.yahoo.com logoKey Support and Resistance Level for US Crude Oil Futures
finance.yahoo.com - July 10 at 6:52 PM
finance.yahoo.com logoOPEC’s Crude Oil Production Hit a 2017 High
finance.yahoo.com - July 3 at 6:41 PM
americanbankingnews.com logoGoodrich Petroleum Corp (GDP) Receives New Coverage from Analysts at Northland Securities
www.americanbankingnews.com - July 2 at 3:41 PM
americanbankingnews.com logo$10.55 Million in Sales Expected for Goodrich Petroleum Corp (GDP) This Quarter
www.americanbankingnews.com - June 29 at 9:01 AM
finance.yahoo.com logoWill API and US Crude Oil Inventories Drive Prices Higher?
finance.yahoo.com - June 28 at 6:33 PM
americanbankingnews.com logo-$0.24 EPS Expected for Goodrich Petroleum Corp (GDP) This Quarter
www.americanbankingnews.com - June 28 at 12:30 AM
finance.yahoo.com logoGoodrich Petroleum Announces Conference Call to Discuss Second Quarter 2017 Financial Results and Operational Update
finance.yahoo.com - June 22 at 9:29 AM
seekingalpha.com logoGoodrich Petroleum reveals strong results from Louisiana gas well - Seeking Alpha
seekingalpha.com - June 14 at 6:43 PM
finance.yahoo.com logoGoodrich Petroleum Announces Haynesville Shale Well Result, Operational Update And Increased Guidance
finance.yahoo.com - June 14 at 11:02 AM
finance.yahoo.com logoSaudi Arabia’s Real Crude Oil Production and Export Plans
finance.yahoo.com - June 13 at 11:20 AM
finance.yahoo.com logoGoodrich Petroleum Corp. :GDP-US: Earnings Analysis: Q1, 2017 By the Numbers : June 8, 2017
finance.yahoo.com - June 8 at 6:22 PM
finance.yahoo.com logoWill US Crude Oil Inventories Fall for the Ninth Week?
finance.yahoo.com - June 7 at 11:00 AM
americanbankingnews.com logoGoodrich Petroleum Corp (GDP) VP Sells $37,478.40 in Stock
www.americanbankingnews.com - June 6 at 10:30 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Goodrich Petroleum Corp (GDP) Will Announce Quarterly Sales of $10.55 Million
www.americanbankingnews.com - June 3 at 7:30 AM
finance.yahoo.com logoLarge Fall in Gasoline Inventories Didn’t Support Gasoline Prices
finance.yahoo.com - June 2 at 6:44 PM
americanbankingnews.com logoGoodrich Petroleum Corp (GDP) Expected to Post Earnings of -$0.24 Per Share
www.americanbankingnews.com - June 1 at 10:12 PM
finance.yahoo.com logoAsia’s Crude Oil Imports and Demand Could Drive Oil Prices
finance.yahoo.com - June 1 at 6:08 PM
seekingalpha.com logoGoodrich Petroleum acquires more Haynesville acreage, reports well result - Seeking Alpha
seekingalpha.com - June 1 at 3:24 AM
finance.yahoo.com logoGoodrich Petroleum Announces Haynesville Shale Well Result, Acreage Acquisition, Acreage Swap And Operational Update
finance.yahoo.com - May 31 at 5:21 PM
finance.yahoo.com logoGlobal Crude Oil Supply Outages Could Help Crude Oil Bulls
finance.yahoo.com - May 30 at 11:08 AM
finance.yahoo.com logoAnalyzing the US, Canada, and Brazil’s Crude Oil Production
finance.yahoo.com - May 25 at 7:45 PM
finance.yahoo.com logoWTI Crude Oil and Gasoline Futures Diverge
finance.yahoo.com - May 18 at 10:00 AM
seekingalpha.com logoGoodrich Petroleum Corporation's (GDP) Walter Goodrich on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - May 13 at 9:54 AM
bloomberg.com logoIndia Oil Demand Rises 3.3% in April After Falling for 3 Months
www.bloomberg.com - May 12 at 11:01 PM
americanbankingnews.com logoGoodrich Petroleum Corp (GDP) Posts Earnings Results, Misses Expectations By $0.59 EPS
www.americanbankingnews.com - May 10 at 2:26 PM
americanbankingnews.com logo$10.56 Million in Sales Expected for Goodrich Petroleum Corp (GDP) This Quarter
www.americanbankingnews.com - May 10 at 10:30 AM
finance.yahoo.com logoGoodrich Petroleum Announces First Quarter 2017 Financial Results and Operational Update
finance.yahoo.com - May 9 at 11:41 AM
americanbankingnews.com logoGoodrich Petroleum Corp (GDP) Expected to Post Earnings of -$0.04 Per Share
www.americanbankingnews.com - May 8 at 4:16 PM
americanbankingnews.com logoFavorable Press Coverage Very Likely to Impact Goodrich Petroleum Corp (GDP) Share Price
www.americanbankingnews.com - May 3 at 10:06 PM
americanbankingnews.com logoSomewhat Critical Media Coverage Likely to Affect Goodrich Petroleum (GDP) Share Price
www.americanbankingnews.com - April 29 at 7:42 AM
americanbankingnews.com logoPositive Press Coverage Very Likely to Impact Goodrich Petroleum (GDP) Share Price
www.americanbankingnews.com - April 26 at 9:26 PM
americanbankingnews.com logoGoodrich Petroleum (GDP) Earning Somewhat Negative News Coverage, Analysis Finds
www.americanbankingnews.com - April 23 at 2:09 PM
americanbankingnews.com logoZacks: Analysts Anticipate Goodrich Petroleum Co. (GDP) Will Announce Quarterly Sales of $9.89 Million
www.americanbankingnews.com - April 19 at 10:19 AM
finance.yahoo.com logoNear-Record US Crude Oil Inventories Impact Oil Prices
finance.yahoo.com - April 18 at 11:31 AM
americanbankingnews.com logoGoodrich Petroleum (GDP) Receiving Somewhat Favorable Media Coverage, Study Shows
www.americanbankingnews.com - April 18 at 12:34 AM
finance.yahoo.com logoEIA Downgraded Crude Oil Price Forecasts for 2017 and 2018
finance.yahoo.com - April 17 at 11:22 AM
finance.yahoo.com logoUS Gasoline Demand Might Support Crude Oil Bears
finance.yahoo.com - April 12 at 9:49 AM

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Chart

Goodrich Petroleum Corp (GDP) Chart for Friday, August, 18, 2017

This page was last updated on 8/18/2017 by MarketBeat.com Staff