Goodrich Petroleum Corporation is an independent oil and gas exploration and production company traded on the NYSE American under the ticker symbol GDP. The company is primarily focused on the development of onshore unconventional reservoirs in the United States, targeting both natural gas and natural gas liquids. Headquartered in Spring, Texas, Goodrich maintains a concentrated portfolio of acreage in key resource plays, leveraging its technical expertise to optimize production and reserves.
Goodrich’s core operations are centered in the Haynesville Shale of northwestern Louisiana and eastern Texas, where it holds both operated and non-operated working interests. The company employs horizontal drilling and multi-stage hydraulic fracturing to unlock tight gas formations, while also exploring secondary projects in the Cotton Valley of east Texas. Through ongoing drilling campaigns and reservoir management, Goodrich aims to deliver consistent production growth and cost efficiencies.
Since its formation in 1996 as a spinoff from an industrial conglomerate, Goodrich has built a reputation for operational discipline and technological innovation. It utilizes real-time data analytics and integrated geoscience teams to refine well placement and completion designs. Environmental stewardship and adherence to safety standards are embedded in its field operations, with proactive measures to reduce emissions and manage water use.
Goodrich is led by a seasoned management team headed by President and Chief Executive Officer Bill Sullivan, supported by industry veterans in engineering, finance and land management. The company’s board includes independent directors with extensive upstream backgrounds, ensuring strong governance and alignment with long-term shareholder interests. Goodrich continues to pursue strategic opportunities to enhance its asset base and deliver sustainable value to stakeholders.
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