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Goodrich Petroleum Stock Price, News & Analysis (NYSEAMERICAN:GDP)

-0.34 (-3.44 %)
(As of 10/23/2019 03:36 AM ET)
Today's Range
Now: $9.55
50-Day Range
MA: $10.73
52-Week Range
Now: $9.55
Volume4,400 shs
Average Volume18,895 shs
Market Capitalization$117.50 million
P/E RatioN/A
Dividend YieldN/A
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 173 producing oil and natural gas wells located in 37 fields in 7 states of the United States. As of December 31, 2018, it had estimated proved reserves of approximately 480 billion cubic feet equivalent, which included 471 billion cubic feet of natural gas and 1.4 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



Sales & Book Value

Annual SalesN/A



Market Cap$117.50 million
Next Earnings Date11/7/2019 (Confirmed)
OptionableNot Optionable

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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."

How were Goodrich Petroleum's earnings last quarter?

Goodrich Petroleum Corp (NYSEAMERICAN:GDP) announced its earnings results on Tuesday, August, 6th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.25 by $0.09. The company had revenue of $31.88 million for the quarter, compared to analyst estimates of $34.46 million. View Goodrich Petroleum's Earnings History.

When is Goodrich Petroleum's next earnings date?

Goodrich Petroleum is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Goodrich Petroleum.

How can I listen to Goodrich Petroleum's earnings call?

Goodrich Petroleum will be holding an earnings conference call on Thursday, November 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for GDP?

6 analysts have issued twelve-month target prices for Goodrich Petroleum's stock. Their forecasts range from $13.00 to $15.50. On average, they expect Goodrich Petroleum's stock price to reach $14.25 in the next year. This suggests a possible upside of 49.2% from the stock's current price. View Analyst Price Targets for Goodrich Petroleum.

What is the consensus analysts' recommendation for Goodrich Petroleum?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Goodrich Petroleum in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Goodrich Petroleum.

What are Wall Street analysts saying about Goodrich Petroleum stock?

Here are some recent quotes from research analysts about Goodrich Petroleum stock:
  • 1. According to Zacks Investment Research, "Goodrich Petroleum Corporation is an exploration and production company. It engaged in the exploitation, development and production of natural gas and crude oil primarily in the Haynesville Shale in Northeast Texas and Northwest Louisiana, the Tuscaloosa Marine Shale in Eastern Louisiana and Southwestern Mississippi and the oil-window of the Eagle Ford Shale trend in South Texas. Goodrich Petroleum Corporation is based in Houston, Texas. " (10/8/2019)
  • 2. Northland Securities analysts commented, "We note GDP has ~65% of estimated 2H19 natural gas hedged, providing strong pricing support. Additionally, its balance sheet remains in good shape with leverage under 1.5x at the end of 2Q19. We reiterate our OP rating and $16 PT. In-Line: GDP reported 2Q19 Adjusted EBITDA of $21.5MM, essentially in-line with consensus of $21.3MM and our estimate of $22.0MM. Production of 138 MMCFEPD was also in-line with consensus of 137 MMCFEPD and our estimate of 138 MMCFEPD. Realized prices of $2.70/BOE were slightly below our estimate of $2.81/MCFE. The company is currently running one rig in the Haynesville and plans to complete two wells in 3Q19, one of which has already been completed." (8/7/2019)

Has Goodrich Petroleum been receiving favorable news coverage?

Media coverage about GDP stock has trended neutral recently, InfoTrie reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Goodrich Petroleum earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave headlines about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Goodrich Petroleum.

Are investors shorting Goodrich Petroleum?

Goodrich Petroleum saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 161,300 shares, a drop of 28.5% from the August 30th total of 225,600 shares. Based on an average trading volume of 13,300 shares, the days-to-cover ratio is presently 12.1 days. Approximately 1.8% of the shares of the company are short sold. View Goodrich Petroleum's Current Options Chain.

Who are some of Goodrich Petroleum's key competitors?

What other stocks do shareholders of Goodrich Petroleum own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Goodrich Petroleum investors own include Goodrich Petroleum (GDPMQ), BlackRock TCP Capital (TCPC), EVINE Live (EVLV), BayCom (BCML), Liberty Braves Group Series A (BATRA), HomeAway (AWAY), argenx (ARGX), ANGI Homeservices (ANGI), Acadia Healthcare (ACHC) and W Resources (WRES).

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.

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, Robinhood, Fidelity and Charles Schwab.

What is Goodrich Petroleum's stock price today?

One share of GDP stock can currently be purchased for approximately $9.55.

How big of a company is Goodrich Petroleum?

Goodrich Petroleum has a market capitalization of $117.50 million. Goodrich Petroleum employs 51 workers across the globe.View Additional Information About Goodrich Petroleum.

What is Goodrich Petroleum's official website?

The official website for Goodrich Petroleum is http://www.goodrichpetroleum.com/.

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)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  69 (Vote Outperform)
Underperform Votes:  67 (Vote Underperform)
Total Votes:  136
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.
This page was last updated on 10/23/2019 by MarketBeat.com Staff

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