Goodrich Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas. It primarily holds interests in the Haynesville Shale Trend in northwest Louisiana and East Texas; Tuscaloosa Marine Shale Trend located in southwest Mississippi and southeast Louisiana; and the Eagle Ford Shale Trend situated in South Texas. The company owns interests in 165 producing oil and natural gas wells located in 38 fields in 7 states of the United States. As of December 31, 2017, it had estimated proved reserves of approximately 428 billion cubic feet equivalent, which included 415 billion cubic feet of natural gas and 2.1 million barrels of crude oil or other liquid hydrocarbons of oil and condensate. The company was founded in 1995 and is based in Houston, Texas.
Industry, Sector and Symbol
Industry Oil & Gas E&P
Sub-IndustryN/A
SectorEnergy
Phone713-780-9494
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees48
OptionableNot Optionable
Goodrich Petroleum (NYSEAMERICAN:GDP) Frequently Asked Questions
What is Goodrich Petroleum's stock symbol?
Goodrich Petroleum trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "GDP."
When is Goodrich Petroleum's next earnings date?
What price target have analysts set for GDP?
3 analysts have issued 12 month price targets for Goodrich Petroleum's stock. Their forecasts range from $18.00 to $18.00. On average, they anticipate Goodrich Petroleum's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 37.8% from the stock's current price. View Analyst Price Targets for Goodrich Petroleum.
What is the consensus analysts' recommendation for Goodrich Petroleum?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Goodrich Petroleum in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Goodrich Petroleum.
Has Goodrich Petroleum been receiving favorable news coverage?
Headlines about GDP stock have been trending neutral on Wednesday, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Goodrich Petroleum earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the near future.
Are investors shorting Goodrich Petroleum?
Goodrich Petroleum saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 126,085 shares, a drop of 29.4% from the January 15th total of 178,657 shares. Based on an average daily trading volume, of 25,389 shares, the short-interest ratio is currently 5.0 days. Currently, 1.6% of the shares of the stock are short sold. View Goodrich Petroleum's Current Options Chain.
Who are some of Goodrich Petroleum's key competitors?
Some companies that are related to Goodrich Petroleum include Canacol Energy (CNNEF), Tamarack Valley Energy (TVE), Senex Energy (SXY), Pengrowth Energy (PGF), Advantage Oil & Gas (AAV), Surge Energy (SGY), BlackPearl Resources (PXX), Australis Oil & Gas (ATS), FAR (FAR), Jadestone Energy (JSE), Bonavista Energy (BNP), Falcon Oil & Gas (FO), Sundance Energy Australia (SEA), Cardinal Energy (CJ) and Valeura Energy (VLE).
Who are Goodrich Petroleum's key executives?
Goodrich Petroleum's management team includes the folowing people:
- Mr. Walter G. Goodrich, Chairman & CEO (Age 61)
- Mr. Robert C. Turnham Jr., Pres, COO & Director (Age 61)
- Mr. Mark E. Ferchau, Exec. VP (Age 65)
- Mr. Robert T. Barker, Sr. VP, Controller, Chief Accounting Officer & CFO (Age 68)
- Ms. Leslee M. Ranly, VP of HR & Admin.
Who are Goodrich Petroleum's major shareholders?
Goodrich Petroleum's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.65%), Dimensional Fund Advisors LP (1.03%), Northern Trust Corp (0.74%), Geode Capital Management LLC (0.52%), Bank of New York Mellon Corp (0.22%) and Penn Capital Management Co. Inc. (0.13%). Company insiders that own Goodrich Petroleum stock include Franklin Resources Inc, Gen Iv Investment Opportunitie and Kenneth Adam Leight. View Institutional Ownership Trends for Goodrich Petroleum.
Which institutional investors are selling Goodrich Petroleum stock?
Which institutional investors are buying Goodrich Petroleum stock?
GDP stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Rhumbline Advisers, Geode Capital Management LLC, BlackRock Inc., Bank of America Corp DE, Citigroup Inc., Northern Trust Corp and Bank of New York Mellon Corp. Company insiders that have bought Goodrich Petroleum stock in the last two years include Gen Iv Investment Opportunitie and Kenneth Adam Leight. View Insider Buying and Selling for Goodrich Petroleum.
How do I buy shares of Goodrich Petroleum?
Shares of GDP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Goodrich Petroleum's stock price today?
One share of GDP stock can currently be purchased for approximately $13.06.
How big of a company is Goodrich Petroleum?
Goodrich Petroleum has a market capitalization of $155.36 million. Goodrich Petroleum employs 48 workers across the globe.
What is Goodrich Petroleum's official website?
How can I contact Goodrich Petroleum?
The company can be reached via phone at 713-780-9494.
MarketBeat Community Rating for Goodrich Petroleum (NYSEAMERICAN GDP)
MarketBeat's community ratings are surveys of what our community members think about Goodrich Petroleum and other stocks. Vote "Outperform" if you believe GDP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GDP will underperform the S&P 500 over the long term. You may vote once every thirty days.
