|Bid||14.40 x 1000|
|Ask||0.00 x 3200|
|Day's Range||14.42 - 14.60|
|52 Week Range||11.60 - 15.75|
|Beta (3Y Monthly)||0.56|
|PE Ratio (TTM)||111.31|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Today we will run through one way of estimating the intrinsic value of Goodrich Petroleum Corporation (NYSEMKT:GDP) by taking the expected future cash flows and discounting them to their present value. I will use the Discounte...
It was a rough fourth quarter for many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing the S&P by more […]
It might be of some concern to shareholders to see the Goodrich Petroleum Corporation (NYSEMKT:GDP) share price down 11% in the last month. But looking back over the last year,Read More...
Crude inventories in West Texas dropped this week to the lowest in four months after a converted pipeline began transporting crude from the nation's biggest shale oil field to the U.S. Gulf Coast, data from market intelligence provider Genscape showed. The drop in storage in the Permian Basin is another sign that new pipelines out of the region have begun to alleviate a crude bottleneck that depressed local crude prices as production overwhelmed pipeline capacity and filled storage tanks. Crude inventories in the Permian Basin fell to 15 million barrels in the week to Feb. 19, the lowest since October and down from a record 22 million barrels in November.
EOG Resources' (EOG) fourth-quarter oil and gas production growth can be affected by pipeline bottleneck problem in the prolific Permian Basin.
Although the rise in daily oil equivalent production will support Gran Tierra's (GTE) bottom line in Q4, the decline in price realization for the commodity is a concern.
NEW YORK/HOUSTON, Dec 21 (Reuters) - U.S. shale producers are slamming the brakes on next year's drilling with crude prices off 40 percent and mounting fears of oversupply, paring budgets that in some cases were set only weeks earlier. The reversal is alarming because blistering growth in shale fields has propelled U.S. crude output 16 percent to about 10.9 million barrels per day for 2018, above Saudi Arabia and Russia. Shale producer Centennial Resource Development on Thursday joined rivals Diamondback Energy, and Parsley Energy in canceling drilling rig additions next year.
Investors are always looking for growth in small-cap stocks like Goodrich Petroleum Corporation (AMEX:GDP), with a market cap of US$162.45M. However, an important fact which most ignore is: how financiallyRead More...
Yahoo Finance's Brian Cheung talks GDP numbers, geopolitical outlook, and U.S. - China trade negations from the NABE policy conference, with Grant Thornton's Chief Economist, Diane Swonk.