|Bid||11.97 x 1000|
|Ask||13.02 x 200|
|Day's Range||12.48 - 12.58|
|52 Week Range||8.20 - 17.25|
|PE Ratio (TTM)||3.40|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
US distillate inventories increased for the sixth time in the last seven weeks. The inventories rose ~11% in the last seven weeks.
Russia’s crude oil production averaged 10.98 MMbpd (million barrels per day) in 2017, according to Russia's Ministry of Energy.
The US Dollar Index fell 0.5% to 92.12 on December 29, 2017—the fourth consecutive day of losses. It's near a three-month low.
US gasoline inventories rose by 0.5 MMbbls (million barrels) or 0.3% to 228.3 MMbbls from December 15 to 22, 2017, per the EIA.
Biostar Pharmaceuticals and Goodrich Petroleum are two of the stocks I have identified as undervalued. This means their current share prices are trading at levels less than what the companiesRead More...
On Tuesday, December 26, 2017, militants blew up the oil pipeline that transports crude oil to the port of Es Sider in Libya.
Franklin Resources, probably best known for its Franklin Templeton brand, was founded in 1947 by Rupert H. Johnson Sr., and is now headed by that man’s grandson, Greg Johnson. Rupert Johnson named Franklin Resources (BEN) after Benjamin Franklin “because Franklin epitomised the ideas of frugality and prudence when it came to saving and investing,” according to the company’s site. Most people probably know Franklin best for flying a kite in a thunderstorm to prove that lightning was a type of electricity.
The EIA estimated that US crude oil production rose by 9,000 bpd (barrels per day) to 9,789,000 bpd on December 8–15, 2017.
The EIA estimates that Libya’s crude oil production rose by 20,000 bpd (barrels per day) or 2.1% to 980,000 bpd in November 2017.
Categories: Yahoo FinanceGet free summary analysis Goodrich Petroleum Corp. reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Goodrich Petroleum Corp. – Petro Rio SA, Paramount Resources Ltd. Class A and PrairieSky Royalty Ltd (PRIO3-BR, PRMRF-US and PREKF-US) that have also reported for this period. Highlights ... Read more (Read more...)
New fracking techniques have driven some impressive well results in the basin, where several large private equity-backed companies operate.
Investors are always looking for growth in small-cap stocks like Goodrich Petroleum Corporation (AMEX:GDP), with a market cap of USD $112.45M. However, an important fact which most ignore is: howRead More...
Network-1 Technologies and Goodrich Petroleum are two of the stocks I have identified as undervalued. This means their current share prices are trading at levels less than what the companiesRead More...
The EIA estimates that US crude oil production rose by 25,000 bpd (barrels per day) or 0.3% to 9,645,000 bpd on November 3–10, 2017.
The EIA estimates that Cushing’s crude oil inventories rose by ~720,000 barrels to 64.5 MMbbls (million barrels) on October 27–November 3, 2017.
The EIA reported that gasoline inventories in the US fell by 3,312,000 barrels to 209.5 MMbbls (million barrels) between October 27, 2017, and November 3, 2017.
The EIA reported that Cushing’s crude oil inventories rose by ~100,000 barrels to 63.8 MMbbls (million barrels) on October 20–October 27, 2017.
Libya plans to pump 1.25 million barrels per day of crude oil by December 2017. An increase in Libya's crude oil production could weigh on oil prices.