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Goodrich Petroleum Corporation (GDP)

NYSEAMERICAN: GDP · IEX Real-Time Price · USD
20.23 -0.53 (-2.55%)
Oct 21, 2021 4:00 PM EDT - Market closed
Market Cap280.32M
Revenue (ttm)120.34M
Net Income (ttm)-31.29M
Shares Out13.40M
EPS (ttm)-2.40
PE Ration/a
Forward PE2.49
Dividendn/a
Ex-Dividend Daten/a
Volume24,052
Open20.94
Previous Close20.76
Day's Range20.15 - 21.10
52-Week Range8.61 - 26.66
Beta1.78
AnalystsStrong Buy
Price Target29.17 (+44.2%)
Est. Earnings DateNov 4, 2021

About GDP

Goodrich Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas properties in the United States. 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 189 producing oil and natural gas wells located in 37 fields in six states of the United ...

IndustryOil, Gas & Consumable Fuels
Founded1995
CEOWalter Goodrich
Employees42
Stock ExchangeNYSEAMERICAN
Ticker SymbolGDP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for GDP stock is "Strong Buy." The 12-month stock price forecast is 29.17, which is an increase of 44.19% from the latest price.

Price Target
$29.17
(44.19% upside)
Analyst Consensus: Strong Buy

News

Goodrich Petroleum Announces Conference Call to Discuss Third Quarter 2021 Financial Results

HOUSTON, Oct. 21, 2021 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE American: GDP) (the "Company") today announced that it will hold a conference call on Thursday, November 4, 2021 at 10:00 am c...

16 hours ago - PRNewsWire

As China's Bond Market Grows Tenuous, Minimize Exposure With These ETFs

China's gross domestic product (GDP) took a hit during the third quarter, and fixed income investors who don't want exposure to the country's debt during this tenuous time can opt for specific ETFs. “Ch...

2 days ago - ETF Trends

While China's Growth Prospects Contract, Pounce on This Inverse ETF

China's gross domestic product (GDP) stumbled in the third quarter, growing 4.9% instead of the 5.2% expected by Reuters analysts. While this doesn't bode well for traders expecting China to continue a ...

2 days ago - ETF Trends

Natural Gas: Price Falls But Fundamentals Remain Bullish

The bullish supply/demand fundamentals are likely to spur natural gas prices. The upward trend should aid gas-weighted producers like SBOW, RRC, GDP, CRK, EQT and CNX.

Other symbols:CNXCRKEQTLNGRRCSBOW
3 days ago - Zacks Investment Research

APA Eliminates Routine Flaring at Its US Onshore Operations

APA's aim to eliminate routine flaring at its US operations is part of its extensive efforts to reduce its carbon footprint.

Other symbols:ALTMAPACOP
3 days ago - Zacks Investment Research

Goodrich Petroleum (GDP) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Goodrich Petroleum (GDP) closed at $21.79, marking a -1.18% move from the previous day.

1 week ago - Zacks Investment Research

Why the Natural Gas Rally Isn't Over Despite Bearish EIA Data

Lower-than-normal stockpile levels and robust LNG consumption are likely to spur natural gas prices. The upward trend should aid gas-weighted producers like SBOW, RRC, GDP and CRK.

Other symbols:CRKLNGRRCSBOW
1 week ago - Zacks Investment Research

Goodrich Petroleum (GDP) Gains But Lags Market: What You Should Know

In the latest trading session, Goodrich Petroleum (GDP) closed at $22, marking a +0.32% move from the previous day.

2 weeks ago - Zacks Investment Research

Is Goodrich Petroleum (GDP) Outperforming Other Oils-Energy Stocks This Year?

Is (GDP) Outperforming Other Oils-Energy Stocks This Year?

2 weeks ago - Zacks Investment Research

Here's Why Momentum Investors Will Love Goodrich Petroleum (GDP)

Does Goodrich Petroleum (GDP) have what it takes to be a top stock pick for momentum investors? Let's find out.

3 weeks ago - Zacks Investment Research

Stocks on Tap From Top Wall Street Stories So Far in 2021

We present some of the biggest Wall Street stories of the first nine months that have influenced stocks like First American Financial (FAF), MercadoLibre Inc. (MELI), BuildABear (BBW), Boyd Gaming (BYD)...

3 weeks ago - Zacks Investment Research

Goodrich Petroleum (GDP) Surges 6.7%: Is This an Indication of Further Gains?

Goodrich Petroleum (GDP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down...

3 weeks ago - Zacks Investment Research

Make the Most of Soaring Natural Gas Prices with These 5 Plays (revised)

Soaring energy prices and cheap valuations make this group attractive.

Other symbols:CLRLNGMGYRRC
3 weeks ago - Zacks Investment Research

Make the Most of Soaring Natural Gas Prices with These 5 Plays

Soaring energy prices and cheap valuations make this group attractive.

Other symbols:CLRLNGMGYRRC
4 weeks ago - Zacks Investment Research

Top Ranked Momentum Stocks to Buy for September 20th

IRDM, ACH, GDP, and XOG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 20, 2021

Other symbols:ACHIRDMXOG
1 month ago - Zacks Investment Research

Top 6 Small Hidden Gems That Have Surged in the Past Month

We have narrowed down our search to six small business operators that have surged in the past month and have more upside left for the rest of 2021. These are: GDP, BBW, BVH, AOSL, EGLE and GNK.

Other symbols:AOSLBBWBVHEGLEGNK
1 month ago - Zacks Investment Research

Goodrich Petroleum Announces Acquisition and Updated 2021 and Preliminary 2022 Guidance

HOUSTON, Sept. 1, 2021 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE American: GDP) (the "Company") today announced an acquisition in the core of the Haynesville Shale basin and updated third qua...

1 month ago - PRNewsWire

Top Ranked Value Stocks to Buy for August 31st

AAWW, GDP, FBIZ, and HPQ made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 31, 2021

Other symbols:AAWWFBIZHPQ
1 month ago - Zacks Investment Research

New Strong Buy Stocks for August 31st

GDP, HPQ, MOV, TTMI, and UFI have been added to the Zacks Rank #1 (Strong Buy) List on August 31, 2021.

Other symbols:HPQMOVTTMIUFI
1 month ago - Zacks Investment Research

Goodrich Petroleum Corporation Provides Warrant Exercise Instructions

HOUSTON, Aug. 20, 2021 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE American: GDP) (the "Company") announced that the equity strike price condition contained in its UCC Warrants (CUSIP # 382410 ...

2 months ago - PRNewsWire

Goodrich Petroleum (GDP) Q2 Earnings and Revenues Surpass Estimates

Goodrich Petroleum (GDP) delivered earnings and revenue surprises of 20.75% and 2.15%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Goodrich Petroleum Announces Second Quarter 2021 Financial Results

HOUSTON, Aug. 5, 2021 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE American: GDP) (the "Company") today announced financial results for the second quarter ended June 30, 2021. QUARTER HIGHLIGHTS...

2 months ago - PRNewsWire

Goodrich Petroleum (GDP) Reports Next Week: Wall Street Expects Earnings Growth

Goodrich Petroleum (GDP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Goodrich Petroleum Announces Conference Call to Discuss Second Quarter 2021 Financial Results

HOUSTON, July 22, 2021 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE American: GDP) (the "Company") today announced that it will hold a conference call on Thursday, August 5, 2021 at 10:00 am cen...

3 months ago - PRNewsWire

Is Goodrich Petroleum (GDP) Stock a Solid Choice Right Now?

Goodrich Petroleum (GDP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

3 months ago - Zacks Investment Research