Goodrich Petroleum (NYSEAMERICAN:GDP) is scheduled to announce its earnings results before the market opens on Thursday, November 8th. Analysts expect the company to announce earnings of $0.22 per share for the quarter.
Goodrich Petroleum (NYSEAMERICAN:GDP) last posted its quarterly earnings results on Tuesday, August 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.06). The firm had revenue of $17.84 million for the quarter, compared to the consensus estimate of $16.70 million.
NYSEAMERICAN GDP opened at $14.22 on Wednesday. Goodrich Petroleum has a 12-month low of $9.50 and a 12-month high of $15.75.
Several analysts have recently issued reports on GDP shares. Zacks Investment Research raised shares of Goodrich Petroleum from a “strong sell” rating to a “hold” rating in a research report on Monday, October 22nd. Ifs Securities assumed coverage on shares of Goodrich Petroleum in a research report on Monday, October 29th. They issued an “outperform” rating on the stock.
An institutional investor recently bought a new position in Goodrich Petroleum stock. Bank of New York Mellon Corp bought a new position in shares of Goodrich Petroleum Corp (NYSEAMERICAN:GDP) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 18,756 shares of the company’s stock, valued at approximately $232,000. Bank of New York Mellon Corp owned 0.16% of Goodrich Petroleum at the end of the most recent quarter.
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Goodrich Petroleum Company Profile
Goodrich Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas. It primarily holds interests in the Haynesville Shale Trend in northwest Louisiana and East Texas; Tuscaloosa Marine Shale Trend located in southwest Mississippi and southeast Louisiana; and the Eagle Ford Shale Trend situated in South Texas.
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