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Last $2.64 USD
Change Today -0.11 / -4.00%
Volume 3.2M
GDP On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 06/1/15 All times are local (Market data is delayed by at least 15 minutes).

goodrich petroleum corp (GDP) Snapshot

Open
$2.81
Previous Close
$2.75
Day High
$2.81
Day Low
$2.58
52 Week High
06/2/14 - $30.52
52 Week Low
01/30/15 - $2.35
Market Cap
150.9M
Average Volume 10 Days
2.2M
EPS TTM
$-4.04
Shares Outstanding
57.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GOODRICH PETROLEUM CORP (GDP)

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goodrich petroleum corp (GDP) Details

Goodrich Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas. The company holds interest in the Tuscaloosa Marine Shale located in southwest Mississippi and southeast Louisiana; the Eagle Ford Shale Trend located in South Texas; and the Haynesville Shale Trend in Northwest Louisiana and East Texas. It owns working interests in 260 producing oil and natural gas wells located in 43 fields in 8 states. As of December 31, 2014, the company had estimated proved reserves of approximately 273.7 billion cubic feet equivalent comprising 104.8 billion cubic feet of natural gas, 1.0 million barrels of crude oil or other liquid hydrocarbons (MMBbls) of natural gas liquids, and 27.1 MMBbls of oil and condensate. Goodrich Petroleum Corporation was founded in 1995 and is based in Houston, Texas.

105 Employees
Last Reported Date: 03/2/15
Founded in 1995

goodrich petroleum corp (GDP) Top Compensated Officers

Executive Vice Chairman, Chief Executive Offi...
Total Annual Compensation: $515.0K
President, Chief Operating Officer and Execut...
Total Annual Compensation: $486.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $325.0K
Executive Vice President
Total Annual Compensation: $380.0K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $307.0K
Compensation as of Fiscal Year 2014.

goodrich petroleum corp (GDP) Key Developments

Goodrich Petroleum Corporation Announces the Retirement of Chairman Patrick E. Malloy, III

Goodrich Petroleum Corporation announced the retirement of Patrick E. Malloy as it’s chairman of the board of directors Patrick E. Malloy, III due to health reasons. Malloy had served on the board since 2000 and as chairman since 2003. The retirement is effective May 11, 2015 and the company will designate a new chairman at its next board meeting.

Goodrich Petroleum Corp. Presents at IBERIA Capital Partners' Oil & Gas Day, May-12-2015 03:20 PM

Goodrich Petroleum Corp. Presents at IBERIA Capital Partners' Oil & Gas Day, May-12-2015 03:20 PM. Venue: Omni Berkshire Place, 21 East 52nd Street at Madison Avenue, New York, NY 10022, United States.

Goodrich Petroleum Corporation Reports Earnings Results and Production Results for the First Quarter Ended March 31, 2015; Provides Capital Expenditure and Production Guidance for the Second Quarter of 2015; Reaffirms Financial and Production Guidance for the Full Year of 2015

Goodrich Petroleum Corporation reported earnings results and production results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenues of USD 24.030 million compared to USD 51.803 million a year ago. Operating loss was USD 13.469 million compared to USD 2.123 million a year ago. Loss before income taxes was USD 21.118 million compared to USD 22.492 million a year ago. Net loss was USD 21.118 million compared to USD 22.492 million a year ago. Net loss applicable to common stock was USD 28.549 million compared to USD 29.923 million a year ago. Adjusted net loss applicable to common stock was USD 18.862 million compared to USD 22.878 million a year ago. Adjusted EBITDAX was USD 24.465 million compared to USD 29.051 million a year ago. Basic and diluted earnings per share were USD 0.58 compared to USD 0.68 a year ago. Adjusted basic and diluted loss per share was USD 0.38 compared to USD 0.52 a year ago. Net cash provided by operating activities was USD 5.717 million compared to USD 6.555 million a year ago. Capital expenditures for the quarter totaled USD 48.4 million. Production totaled approximately 780,000 Boe in the quarter, or an average of 8,671 Boe per day, versus 1,079,000 Boe, or an average of 11,993 Boe per day, in the prior year period. Oil production totaled 435,000 barrels of oil in the quarter (56% of total production), or an average of approximately 4,800 Bbls per day, versus 341,000 barrels of oil (32% of total production), or an average of approximately 3,800 Bbls per day, in the prior year period. Oil production for the quarter was negatively impacted from the completion deferral of six wells in the TMS. Natural gas production totaled 2.1 Bcf in the quarter, or an average of approximately 23,000 Mcf per day, versus 4.4 Bcf, or an average of 49,200 Mcf per day, in the prior year period. Natural gas production for the quarter was negatively impacted by the Company's sale in December 2014 of its non-core, Beckville/Minden field in East Texas. The company anticipates capital expenditures between USD 10 million to USD 15 million in the second quarter. The company anticipates producing between 4,250 -4,650 Bbls/d of oil and 22,500 -26,500 Mcf/d of natural gas during the second quarter of 2015, with oil volumes increasing as the company exit the second quarter and begin completing six previously drilled TMS wells. The company reaffirms its full year preliminary capital budget of USD 90 million to USD 110 million. The company reaffirms its previously announced full year 2015 production guidance of 4,800 -5,200 Bbls/d of oil and 23,000 -26,000 Mcf/d of natural gas. The company is projecting a 0 tax rate for 2015.

 

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GDP

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Valuation GDP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book 8.5x
Price/Cash Flow 1.5x
TEV/Sales NM Not Meaningful
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