Goodrich Petroleum (GDP) Stock Price, News & Analysis

Company Overview

Goodrich Petroleum Corporation is an independent exploration and production company headquartered in Houston, Texas. The company concentrates on the development and production of natural gas and condensate reserves in North America, with its principal assets located in the Haynesville Shale of northwest Louisiana and the Wright Project in East Texas.

Goodrich Petroleum’s operations center on the drilling, completion and optimization of horizontal wells to exploit unconventional shale formations. The company applies advanced hydraulic fracturing and well-completion technologies to improve recovery rates and manage environmental impact. Beyond its core Haynesville and Wright acreage, Goodrich evaluates opportunities for strategic acquisitions and divestitures to enhance its asset portfolio.

Founded in 1989, Goodrich Petroleum has weathered industry cycles through operational adjustments and financial restructuring to maintain a focused exploration strategy. The company maintains field offices near its drilling areas in Louisiana and Texas, supporting onsite development activities. By leveraging technical expertise and a disciplined cost structure, Goodrich Petroleum aims to benefit from sustained demand for natural gas in domestic and international markets.

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 stock has increased by 0.0% and is now trading at $23.02.

How were Goodrich Petroleum's earnings last quarter?

Goodrich Petroleum Co. (NYSEAMERICAN:GDP) issued its quarterly earnings data 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 firm earned $58.73 million during the quarter, compared to the consensus estimate of $45.07 million. Goodrich Petroleum had a negative net margin of 39.91% and a positive trailing twelve-month return on equity of 131.44%.

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: 9/05/2025
• 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