Last $21.99 USD
Change Today -0.59 / -2.61%
Volume 784.7K
GDP On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

goodrich petroleum corp (GDP) Snapshot

Open
$22.40
Previous Close
$22.58
Day High
$22.40
Day Low
$21.71
52 Week High
06/2/14 - $30.52
52 Week Low
02/20/14 - $11.80
Market Cap
973.7M
Average Volume 10 Days
961.5K
EPS TTM
$-2.63
Shares Outstanding
44.3M
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, is engaged in the exploration, development, and production of oil and natural gas. The company holds interest in the Eagle Ford Shale Trend located in South Texas; the Haynesville Shale and Cotton Valley Taylor Sand in northwest Louisiana and East Texas; and the Tuscaloosa Marine Shale located in southwest Mississippi and southeast Louisiana. It owns working interests in 436 producing oil and natural gas wells located in 44 fields in 8 states. As of December 31, 2013, the company had estimated proved reserves of approximately 452.2 billion cubic feet equivalent of natural gas, 6.3 million barrels of crude oil or other liquid hydrocarbons (MMBbls) of natural gas liquids, and 14.1 MMBbls of oil and condensate. Goodrich Petroleum Corporation was founded in 1995 and is headquartered in Houston, Texas.

103 Employees
Last Reported Date: 02/21/14
Founded in 1995

goodrich petroleum corp (GDP) Top Compensated Officers

Executive Vice Chairman, Chief Executive Offi...
Total Annual Compensation: $478.4K
President, Chief Operating Officer and Non-In...
Total Annual Compensation: $452.4K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $291.2K
Executive Vice President
Total Annual Compensation: $353.6K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $286.0K
Compensation as of Fiscal Year 2013.

goodrich petroleum corp (GDP) Key Developments

Goodrich Petroleum Corporation Announces Tuscaloosa Marine Shale Well Result and Operational Update

Goodrich Petroleum Corporation announced the completion of its Nunnery 12-1H-1 well in Amite County, Mississippi. The well has achieved a peak 24-hour average production rate to date of approximately 815 barrels of oil equivalent per day, comprised of 785 barrels of oil and 185 Mcf of gas on a 17/64 inch choke from an approximate 6,000 foot lateral. The well, which is located near the Pike County line along the northeastern boundary of the company's acreage block, landed in the Company's lower target and was completed with 22 frac stages. The company has also completed frac operations, drilled out the frac plugs and will commence flow back on its Beech Grove 94H-1 well in East Feliciana Parish, Louisiana this week, with results expected by the end of June. The Beech Grove well was drilled with an approximate 6,000 foot lateral and completed with 21 frac stages. The company has completed drilling operations on the SLC Inc. 81H-1 well in West Feliciana Parish, Louisiana and expects to commence frac operations in early July. The company has also reached total depth on its Denkmann 33-28H-2 well in Amite County, Mississippi with an approximate 6,200 foot lateral drilled in 25 days, a record for the company. The company continues with drilling operations on its CMR-Foster Creek 24-13H-1 well in Wilkinson County, Mississippi and the Bates 25-24H-1 well in Amite County, Mississippi. The company is currently running three rigs in the TMS with plans to go to as many as five rigs by the end of the year pending continued success. The company has in excess of 300,000 net acres in the play.

Goodrich Petroleum Announces Tuscaloosa Marine Shale Well Result and Operational Update

Goodrich Petroleum Corporation announced the completion of its C.H. Lewis 30-19H-1 (81.4% WI) well in Amite County, Mississippi. The well has achieved a peak 24-hour average production rate to date of 1,450 barrels of oil equivalent (BOE) per day, comprised of 1,387 barrels of oil and 377 Mcf of gas on a 16/64 inch choke from an approximate 6,600 foot lateral. The well landed in the Company's lower target and was completed with 26 frac stages. The company has fracked, drilled out the frac plugs and commenced flowback on its Nunnery 12-1H-1 (93.3% WI) well in Amite County Mississippi, with results expected in June. The Nunnery well is an approximate 6,000 foot lateral with 22 frac stages. In addition, the Company will commence fracking operations on its Beech Grove 94H-1 (66.7% WI) well in East Feliciana Parish, Louisiana this week, with results expected by the end of June. The Beech Grove well was drilled with an approximate 6,000 foot lateral and has 21 planned frac stages. The company is currently drilling the SLC Inc. 81H-1 (66.7% WI) well in West Feliciana Parish, Louisiana, the Bates 25-24H-1 (97.6% WI) and the Denkmann 33-28H-2 (75% WI) wells in Amite County, Mississippi and the CMR-Foster Creek 24-13H-1 (84.7% WI) well in Wilkinson County, Mississippi. The Company is temporarily running four rigs as it is in the process of swapping out the oldest rig for a newer, more technologically advanced rig, with plans to go to as many as five rigs by the end of the year pending continued success. The company has in excess of 300,000 net acres in the play.

Goodrich Petroleum Corp. Presents at 2014 Louisiana Energy Conference, Jun-12-2014 03:30 PM

Goodrich Petroleum Corp. Presents at 2014 Louisiana Energy Conference, Jun-12-2014 03:30 PM. Venue: Westin Canal Place Hotel, 100 Iberville Street, New Orleans, Louisiana, United States. Speakers: Daniel E. Jenkins, Director of Corporate Planning & Investor Relations.

 

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Price/Earnings NM Not Meaningful
Price/Sales 4.8x
Price/Book 3.1x
Price/Cash Flow 24.7x
TEV/Sales 2.4x
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