BNET Industries
Goodrich Petroleum Corp. (GDP) is in the Energy Industry
- Revenue
- Dec 31 2007
- $111.3M
- Profit
- Dec 31 2007
- ($45.0M)
- Market Cap
- Oct 09 2008
- $786.5M
Latest News and Analysis
Goodrich Petroleum Corporation Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of John Freeman of Raymond James. John Freeman – Raymond James Hi guys, great quarter. Gil Goodrich Thanks, John. John Freeman – Raymond James First, on just the traditional Cotton Valley, it seems like...
Hedge Fund Tracking: Blue Ridge Capital (John Griffin)
Market Folly submits: Four times a year, hedge funds & asset managers with > $100 million AUM assets under management are required to report to the SEC their holdings from the previous quarter. I check these 13F filings quarterly just to get a sense as to where these funds are...
Natural Gas: Clean Fuel with a Dirty Little Secret
Nathan Weiss submits: The natural gas market has a dirty little secret: The U.S. natural gas market is currently massively oversupplied. We believe that E&P companies know this, with Goodrich Petroleum GDP, XTO Energy XTO, Cabot Oil and Gas Corp COG and Chesapeake Energy CHK coming to public markets...
Despite Recent Loss, Jefferies is Bullish on Goodrich Petroleum
Trader Mark submits: I sold the last of Goodrich Petroleum GDP Wednesday - what timing. I did not even realize earnings were out post close - they were ok hedging techniques bit them but Thursday morning an analyst came out and said GDP should be 83% higher. Gee...
Goodrich Petroleum Corporation Q1 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Kim Pacanovsky – Collins Stewart. Kim Pacanovsky – Collins Stewart On the Hanesville how many vertical are you planning on drilling before the horizontal location is selected in the third quarter? Gil Goodrich It’s difficult to give a precise number...
Goodrich Petroleum Inc.Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question will come from the line of John Freeman with Raymond James. Please proceed. John Freeman - Raymond James Hi, guys. Robert Turnham Hi, John. Gil Goodrich Good morning, John. John Freeman - Raymond James First question on the AC Mitchell 1-H well,...
Additional Resources
Goodrich Petroleum to Present at IPAA 2008 Oil and Gas Investment Symposium San Francisco
HOUSTON, Sept. 29 /PRNewswire-FirstCall/ -- Goodrich Petroleum Corporation announced that the Company's Vice-Chairman and Chief Executive Officer, Walter G. Goodrich and President, Robert C. Turnham, Jr., will present at the IPAA 2008 Oil and Gas Investment Symposium in San Francisco at The Palace Hotel located at 2 Montgomery...
Petro Resources Announces Participation in East Texas Bossier Trend Project
Petro Resources Corporation (AMEX: PRC) ("theCompany") announced today that it is participating in a series of wells tobe drilled in the East Texas Bossier trend operated by Goodrich PetroleumCorporation. The prospect, located in Nacogdoches County, Texas, is known as the"Surprise Prospect" area and may encompass as much as 6,000 net...
Goodrich Petroleum Provides Update on Impact of Hurricane Ike
HOUSTON, Sept. 19 /PRNewswire-FirstCall/ -- Goodrich Petroleum Corporation today provided an update on its operations in the wake of Hurricane Ike. The Company did not experience any major damage to its production facilities in North Louisiana or East Texas from Hurricane Ike. However, due to...
Goodrich Petroleum to Present at Herold Pacesetters Energy Conference
HOUSTON, Sept. 18 /PRNewswire-FirstCall/ -- Goodrich Petroleum Corporation announced that the Company's President, Robert C. Turnham, Jr., will present at the Herold Pacesetters Energy Conference in Connecticut at the Hyatt Regency Greenwich located at 1800 East Putnam Avenue, Old Greenwich, CT on Thursday, September 25, 2008, at 8:15...
Goodrich Petroleum Corporation Declares Preferred Dividend
HOUSTON, Aug. 22 /PRNewswire-FirstCall/ -- The board of directors of Goodrich Petroleum Corporation has declared a quarterly cash dividend of $0.6719 per share on its 5.375% Series B Cumulative Convertible Preferred Stock. The dividend will be paid on September 15, 2008 to stockholders of record as of September...
Goodrich Petroleum Prices 3,000,000 Share Public Offering
HOUSTON, July 8 /PRNewswire-FirstCall/ -- Goodrich Petroleum Corporation announced today the pricing of its previously announced offering of 3,000,000 shares of its common stock pursuant to a registration statement filed with the Securities and Exchange Commission. All of the shares offered will be...
Goodrich Petroleum Announces Common Stock Offering
HOUSTON, July 7 /PRNewswire-FirstCall/ -- Goodrich Petroleum Corporation ("GDP") today announced that it has commenced an underwritten public offering of 3.0 million shares of its common stock. The underwriters for the offering will also have the option to purchase up to 450,000 additional shares...
Beacon Equity Research Rates Mainland Resources Inc. 'Speculative Buy,' Target Price $7.00
DALLAS -- Mainland Resources Inc. (OTCBB: MNLU) has been rated Speculative Buy with a price target of $7.00 by Beacon Equity Research Analyst, Lisa Springer, CFA. The full report is available at http://www.beaconequity.com/adpages/MNLU. Anyone interested in receiving alerts regarding Mainland Resources Inc. research...
Stocks manage brief but doomed rally
Investors ended the first half of 2008 with a whimper Monday, leaving stocks mixed after what had been a modest rally earlier in the day. The Dow Jones industrial average finished up 3.50 points to 11,350.01, a disappointing gain since the average had been up 90...
OKC-based Chesapeake, Goodrich plan Louisiana venture
Chesapeake Energy Corp. of Oklahoma City and Goodrich Petroleum Corp. of Houston have formed a joint venture to develop Goodrich's Haynesville Shale acreage in the Bethany-Longstreet and Longwood fields in Louisiana. Chesapeake has agreed to pay Goodrich $178 million for the deep...
Goodrich Petroleum and Chesapeake Energy Announce Joint Venture in Haynesville Shale in North Louisiana
HOUSTON & OKLAHOMA CITY -- Goodrich Petroleum Corporation (NYSE:GDP) and Chesapeake Energy Corporation (NYSE:CHK) today announced they have entered into a joint venture to develop Goodrich's Haynesville Shale acreage in the Bethany-Longstreet and Longwood fields of Caddo and DeSoto Parishes, Louisiana. Subject to customary due...
Boom, or bust?
Will the Haynesville Shale, potentially one of the largest natural gas finds in Louisiana's history, turn out to be a boon - or a boondoggle? Don Briggs, president of the Louisiana Oil and Gas Association, says it's too soon to tell. But in the past two years, Oklahoma-based...
Goodrich Petroleum Announces First Quarter Financial Results and Operational Update
* Production volumes for the quarter grow 15% sequentially and 55% over the prior year period to a record 57.9 MMcfe/day * Cash Flow EBITDAX grows by 82% from prior year period to $32.3 Million * Record activity level with drilling operations conducted on 41 Gross...
Research and Markets: Qualify Prospective Partners and Suppliers with Goodrich Petroleum Corporation Deals and Alliances Profile
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c88617) has announced the addition of "Goodrich Petroleum Corporation Deals and Alliances Profile" to their offering. Introduction Goodrich Petroleum Corporation Deals and Alliances Profile is an essential source for company data and information. The profile examines Goodrich Petroleum Corporation's key...
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- Incorporated: 1970
- CEO: Mr. Walter G. Goodrich
- Employees: 93
Goodrich Petroleum is an independent oil and gas company. Co. is principally engaged in the business of exploration, exploitation, development and production of crude oil and natural gas properties primarily in the Cotton Valley trend of East Texas as well as Northwest Louisiana. As of Dec 31 2007, Co. owned working interests in 301 active oil and gas wells located in 26 fields in five states. Additionally, Co. had estimated proved reserves of approximately 346.9 billion cubic feet of natural gas and 1.8 million barrels of oil and condensate, or an aggregate of 357.8 billion cubic feet equivalent as of Dec 31 2007.
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Goodrich Petroleum Corp. Company Info
Board of Directors
Mr. Patrick E. Malloy III
Chairman
Mr. Henry Goodrich
Chairman Emeritus
Mr. Walter G. Goodrich
Vice-Chairman
Mr. Josiah T. Austin
Ms. Geraldine A. Ferraro
Mr. Gene A. Washington
Mr. Michael J. Perdue
Mr. Arthur A. Seeligson
Mr. Robert C. Turnham Jr.
Contact Information
808 Travis Street
Suite 1320
Houston, TX
http://www.goodrichpetroleum.com
713 780-9494
