About Goodrich Petroleum Corp (NYSE:GDP)
Goodrich 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/
- Market Cap: $107.8 million
- Outstanding Shares: 10,538,000
- 50 Day Moving Avg: $9.55
- 200 Day Moving Avg: $11.82
- 52 Week Range: $8.20 - $16.85
Sales & Book Value:
- Trailing P/E Ratio: 5.80
- Foreward P/E Ratio: 9.56
- P/E Growth: 2.49
- Annual Revenue: $35.26 million
- Price / Sales: 3.06
- Book Value: $5.31 per share
- Price / Book: 1.93
- EBITDA: $3.11 million
- Net Margins: -82.49%
- Return on Assets: -23.72%
- Average Volume: 36,417 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) released its quarterly earnings results on Friday, August, 4th. The company reported ($0.13) EPS for the quarter, topping the Zacks' consensus estimate of ($0.21) by $0.08. The company earned $12.50 million during the quarter, compared to analysts' expectations of $10.70 million. Goodrich Petroleum Corp's revenue 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?
7 analysts have issued 12 month target prices for Goodrich Petroleum Corp's stock. Their predictions range from $16.00 to $21.00. On average, they anticipate Goodrich Petroleum Corp's share price to reach $18.00 in the next twelve months. View Analyst Ratings for Goodrich Petroleum Corp.
Who are some of Goodrich Petroleum Corp's key competitors?
Some companies that are related to Goodrich Petroleum Corp include GMP Capital (GMP), Pine Cliff Energy Ltd (PNE), Xtreme Drilling Corp (XDC), Bellatrix Exploration Ltd (BXE), TransGlobe Energy (TGL), Gastar Exploration (GST), San Leon Energy Plc (SLE), Oryx Petroleum Co. Ltd (OXC), Journey Energy (JOY), RMP Energy (RMP), Chinook Energy (CKE), Perpetual Energy (PMT), TransAtlantic Petroleum Ltd (TNP), Cequence Energy Ltd (CQE), Touchstone Exploration (TXP), Zargon Oil and Gas Ltd (ZAR), Whiting USA Trust II (WHZ) and Penn Virginia (PVA).
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
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?
MarketBeat Community Rating for Goodrich Petroleum Corp (NYSE GDP)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.
One share of Goodrich Petroleum Corp stock can currently be purchased for approximately $10.23.
Consensus Ratings for Goodrich Petroleum Corp (NYSE:GDP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||7 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$18.00 (75.95% upside)|Consensus Price Target History for Goodrich Petroleum Corp (NYSE:GDP)
Analysts' Ratings History for Goodrich Petroleum Corp (NYSE:GDP)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/18/2017||Seaport Global Securities||Reiterated Rating||Buy||$17.00||N/A|
|10/3/2017||EuroPacific Canada||Initiated Coverage||Buy||$16.00||High|
|10/3/2017||Eurobank EFG||Initiated Coverage||Buy||$16.00||High|
|7/11/2017||Capital One Financial Corporation||Initiated Coverage||Overweight||High|
|6/28/2017||Northland Securities||Initiated Coverage||Outperform||$21.00||Medium|
|4/11/2017||SunTrust Banks, Inc.||Initiated Coverage||Buy||$20.00||Low|
|3/1/2017||Roth Capital||Initiated Coverage||Buy||N/A|
|12/3/2015||KLR Group||Downgrade||Hold -> Reduce||N/A|
|12/1/2015||Stifel Nicolaus||Downgrade||Hold -> Sell||N/A|
|11/2/2015||FBR & Co||Downgrade||Outperform -> Market Perform||$4.00||N/A|
Earnings History for Goodrich Petroleum Corp (NYSE:GDP)Earnings History by Quarter for Goodrich Petroleum Corp (NYSE GDP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/4/2017||6/30/2017||($0.21)||($0.13)||$10.70 million||$12.50 million||View||N/A|
|5/9/2017||Q1||($0.04)||($0.63)||$9.89 million||$9.41 million||View||Listen|
|11/4/2015||Q315||($0.20)||($0.44)||$28.65 million||$31.50 million||View||N/A|
|8/5/2015||Q215||($0.29)||($0.33)||$34.46 million||$37.30 million||View||N/A|
|5/6/2015||Q115||($0.54)||($0.38)||$39.51 million||$24.00 million||View||N/A|
|2/27/2015||Q414||($0.45)||($0.47)||$58.00 million||$480.60 million||View||N/A|
|11/4/2014||Q314||($0.41)||($0.49)||$57.70 million||$54.90 million||View||Listen|
|8/7/2014||Q214||($0.46)||($0.48)||$55.10 million||$53.30 million||View||Listen|
|5/6/2014||Q114||($0.46)||($0.54)||$53.71 million||$51.80 million||View||Listen|
|2/28/2014||Q413||($0.48)||($0.57)||$62.74 million||$50.60 million||View||Listen|
|11/5/2013||Q313||($0.85)||($0.54)||$59.40 million||$57.20 million||View||Listen|
|8/6/2013||Q2 2013||($0.61)||($0.63)||$58.00 million||$48.50 million||View||Listen|
|5/6/2013||Q1 2013||($0.47)||($0.82)||$55.90 million||$47.08 million||View||Listen|
|2/20/2013||Q4 2012||($0.08)||($0.19)||$64.90 million||$48.23 million||View||Listen|
|11/6/2012||Q312||($0.05)||($0.23)||$66.56 million||$46.00 million||View||N/A|
Earnings Estimates for Goodrich Petroleum Corp (NYSE:GDP)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Goodrich Petroleum Corp (NYSE:GDP)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Goodrich Petroleum Corp (NYSE:GDP)Insider Trades by Quarter for Goodrich Petroleum Corp (NYSE:GDP)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/16/2017||Mark E Ferchau||Insider||Sell||2,939||$9.29||$27,303.31|| |
|10/16/2017||Michael J Killelea||EVP||Sell||2,288||$9.29||$21,255.52|| |
|10/16/2017||Robert T Barker||VP||Sell||173||$9.29||$1,607.17|| |
|10/11/2017||Franklin Resources Inc||Major Shareholder||Sell||30,000||$10.00||$300,000.00|| |
|9/25/2017||Franklin Resources Inc||Major Shareholder||Sell||2,689||$9.66||$25,975.74|| |
|6/6/2017||Robert T. Barker||VP||Sell||3,072||$12.20||$37,478.40|| |
|6/18/2015||Josiah T Austin||Director||Buy||13,912||$6.61||$91,958.32|| |
|4/2/2015||Walter G Goodrich||CEO||Sell||275,790||$3.58||$987,328.20|| |
|12/16/2014||Jan L Schott||CFO||Sell||2,695||$4.14||$11,157.30|| |
|12/16/2014||Mark E Ferchau||EVP||Sell||4,362||$4.14||$18,058.68|| |
|12/16/2014||Michael J Killelea||SVP||Sell||2,647||$4.14||$10,958.58|| |
|12/16/2014||Robert C Turnham Jr||COO||Sell||7,345||$4.14||$30,408.30|| |
|12/16/2014||Walter G Goodrich||CEO||Sell||8,057||$4.14||$33,355.98|| |
|12/12/2014||Jan L Schott||CFO||Sell||10,373||$4.08||$42,321.84|| |
|12/12/2014||Mark E Ferchau||EVP||Sell||16,204||$4.08||$66,112.32|| |
|12/12/2014||Michael J Killelea||SVP||Sell||9,141||$4.08||$37,295.28|| |
|12/12/2014||Robert C Turnham Jr||COO||Sell||20,974||$4.08||$85,573.92|| |
|12/12/2014||Walter G Goodrich||CEO||Sell||43,981||$4.11||$180,761.91|| |
|12/9/2014||Robert T Barker||Insider||Buy||1,000||$7.80||$7,800.00|| |
|12/2/2014||Patrick E Malloy||Major Shareholder||Sell||17,513||$4.50||$78,808.50|| |
|11/6/2014||Michael J Perdue||Director||Buy||17,075||$7.52||$128,404.00|| |
|11/6/2014||Robert C Turnham Jr||COO||Buy||3,000||$7.37||$22,110.00|| |
|10/3/2014||Patrick E Malloy||Chairman||Sell||12,000||$13.02||$156,240.00|| |
|9/16/2014||Patrick E Malloy||Chairman||Sell||6,000||$18.90||$113,400.00|| |
|9/15/2014||Patrick E Malloy||Chairman||Sell||3,000||$18.55||$55,650.00|| |
|9/12/2014||Patrick E Malloy||Chairman||Sell||13,750||$18.48||$254,100.00|| |
|12/24/2013||Dawn Smajstrla||VP||Sell||3,000||$17.13||$51,390.00|| |
|12/16/2013||Dawn Smajstrla||VP||Sell||2,626||$16.10||$42,278.60|| |
|12/16/2013||Jan Schott||CFO||Sell||14,019||$16.11||$225,846.09|| |
|12/16/2013||Mark Ferchau||EVP||Sell||22,452||$16.11||$361,701.72|| |
|12/16/2013||Michael Killelea||SVP||Sell||12,596||$27.12||$341,603.52|| |
|12/16/2013||Robert Turnham, Jr.||COO||Sell||28,726||$16.11||$462,775.86|| |
|12/16/2013||Walter Goodrich||CEO||Sell||30,371||$16.11||$489,276.81|| |
|12/11/2013||Patrick Malloy||major shareholder||Sell||5,000||$16.22||$81,100.00|| |
|12/10/2013||Mark Ferchau||EVP||Sell||6,518||$17.69||$115,303.42|| |
|12/10/2013||Robert Turnham, Jr.||COO||Sell||7,734||$17.69||$136,814.46|| |
|12/10/2013||Walter Goodrich||CEO||Sell||8,617||$17.69||$152,434.73|| |
|12/4/2013||Patrick Malloy||major shareholder||Sell||12,000||$19.43||$233,160.00|| |
|12/2/2013||Michael Perdue||Director||Buy||1,250||$18.36||$22,950.00|| |
|9/6/2013||Henry Goodrich||Director||Sell||4,000||$25.04||$100,160.00|| |
|8/29/2013||Josiah Austin||Director||Sell||551,352||$21.42||$11,809,959.84|| |
|8/26/2013||Josiah Austin||Director||Sell||448,648||$21.85||$9,802,958.80|| |
|12/27/2012||Michael J Perdue||Director||Buy||1,200||$8.69||$10,428.00|| |
|11/14/2012||Peter Goodson||Director||Buy||19,000||$7.99||$151,810.00|| |
|11/14/2012||Robert C Turnham Jr||COO||Buy||10,000||$8.15||$81,500.00|| |
Headline Trends for Goodrich Petroleum Corp (NYSE:GDP)
Latest Headlines for Goodrich Petroleum Corp (NYSE:GDP)
Goodrich Petroleum Corp (GDP) Chart for Saturday, October, 21, 2017