Goodrich Petroleum (GDP) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $23.02 to $23.02
• 50-Day Range: $23.02 to $23.02
• 52-Week Range: $8.61 to $26.66
• Volume: N/A
• Average Volume: 97,879 shs
• Market Capitalization: $331.23 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

GDP Stock Analysis - Frequently Asked Questions

How have GDP shares performed this year?

Goodrich Petroleum's stock was trading at $23.02 on January 1st, 2025. Since then, GDP shares have increased by 0.0% and is now trading at $23.02.

How were Goodrich Petroleum's earnings last quarter?

Goodrich Petroleum Co. (NYSEAMERICAN:GDP) announced its quarterly earnings results on Thursday, November, 4th. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.05. The company earned $58.73 million during the quarter, compared to analyst estimates of $45.07 million. Goodrich Petroleum had a positive trailing twelve-month return on equity of 131.44% and a negative net margin of 39.91%.

How do I buy shares of Goodrich Petroleum?

Shares of GDP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Goodrich Petroleum own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Goodrich Petroleum investors own include Goodrich Petroleum (GDPMQ), Occidental Petroleum (OXY), Cheniere Energy (LNG), Celsius (CELH), Meta Platforms (META), M&T Bank (MTB) and Cloudflare (NET).

Company Calendar

• Last Earnings: 11/04/2021
• Today: 7/16/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Energy
• Industry: Crude Petroleum & Natural Gas
• Sub-Industry: N/A
• Current Symbol: NYSEAMERICAN:GDP
• CIK: 943861
• Web: www.goodrichpetroleum.com
• Phone: (713) 780-9494
• Fax: 713-780-9254
• Employees: 2,020
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($4.70)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 5.66
• P/E Growth: N/A
• Net Income: -$44.14 million
• Net Margins: -39.91%
• Pretax Margin: -39.91%
• Return on Equity: 131.44%
• Return on Assets: 16.12%

Debt

• Debt-to-Equity Ratio: 3.30
• Current Ratio: 0.24
• Quick Ratio: 0.24

Sales & Book Value

• Annual Sales: $93.83 million
• Price / Sales: 3.53
• Cash Flow: $4.13 per share
• Price / Cash Flow: 5.57
• Book Value: $3.28 per share
• Price / Book: 7.02

Miscellaneous

• Outstanding Shares: 14,389,000
• Free Float: 12,432,000
• Market Cap: $331.23 million
• Optionable: Not Optionable
• Beta: 1.60