14.54 0.00 (0.00%)
After hours: 4:49PM EST
|Bid||0.00 x 1200|
|Ask||14.82 x 1000|
|Day's Range||14.07 - 14.89|
|52 Week Range||9.92 - 15.75|
|Beta (3Y Monthly)||0.71|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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...
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