Posted On: 01/04/2016 6:59:15 PM
Post# of 22850
$GDP 0.2834 0.0174 +6.54 1,608,172
Zacks Short Term Rating on Goodrich Petroleum Corporation
Dec 30, 2015
Analysts at Zacks have given a short term rating of hold on Goodrich Petroleum Corporation (NYSE:GDP) with a rank of 3. The shares has received an average rating of 3.33 from 9 brokerage firms. The shares has been rated as hold from 6 Wall Street Analysts. 1 analysts have suggested buying the shares.2 analyst has also rated it as a strong sell.
During the last several months other analysts have commented on the company rating. In a research note released to the investors, Stifel Nicolaus downgrades its rating on Goodrich Petroleum Corporation (NYSE:GDP).The analysts at the brokerage house have a current rating of Sell on the shares. Earlier, the shares were rated a Hold by the brokerage firm. The rating by the firm was issued on December 1, 2015.
Goodrich Petroleum Corporation (NYSE:GDP) rose 14.66% or 0.0396 points on Tuesday and made its way into the gainers of the day. After trading began at $0.293 the stock was seen hitting $0.3303 as a peak level and $0.293 as the lowest level. The stock ended up at $0.3097. The daily volume was measured at 1,292,454 shares. The 52-week high of the share price is $5.18 and the 52-week low is $0.2. The company has a market cap of $19 million.
Shares of Goodrich Petroleum Corp. appreciated by 23.88% during the last five trading days but lost 27.98% on a 4-week basis. Goodrich Petroleum Corp. has dropped 43.69% during the last 3-month period . Year-to-Date the stock performance stands at -93.02%.
On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Goodrich Petroleum Corp, Perdue Michael J, had purchased 11,887 shares in a transaction dated on June 18, 2015. The transaction was executed at $1.99 per share with total amount equaling $23,655.
Goodrich Petroleum Corporation is an independent oil and natural gas company engaged in exploration, development and production of oil and natural gas on properties primarily in Northwest Louisiana, East Texas and South Texas. It includes the Haynesville Shale and Cotton Valley Taylor Sand in Northwest Louisiana and East Texas, the Eagle Ford Shale and Buda Lime formations in South Texas and the Tuscaloosa Marine Shale in Southeast Louisiana and Southwest Mississippi. It owns interests in 401 producing oil and natural gas wells. As of December 31, 2011, it had reserves of 463.5 billion cubic feet of natural gas, 0.5 million barrels of natural gas liquids and 5.8 million barrels of oil and condensate. On September 28, 2012, it sold certain non-core properties in the South Henderson field in East Texas to Memorial Resource Development, L.L.C. In October 2012, Memorial Production Partners LP acquired oil and natural gas properties in East Texas from the Company.
Zacks Short Term Rating on Goodrich Petroleum Corporation
Dec 30, 2015
Analysts at Zacks have given a short term rating of hold on Goodrich Petroleum Corporation (NYSE:GDP) with a rank of 3. The shares has received an average rating of 3.33 from 9 brokerage firms. The shares has been rated as hold from 6 Wall Street Analysts. 1 analysts have suggested buying the shares.2 analyst has also rated it as a strong sell.
During the last several months other analysts have commented on the company rating. In a research note released to the investors, Stifel Nicolaus downgrades its rating on Goodrich Petroleum Corporation (NYSE:GDP).The analysts at the brokerage house have a current rating of Sell on the shares. Earlier, the shares were rated a Hold by the brokerage firm. The rating by the firm was issued on December 1, 2015.
Goodrich Petroleum Corporation (NYSE:GDP) rose 14.66% or 0.0396 points on Tuesday and made its way into the gainers of the day. After trading began at $0.293 the stock was seen hitting $0.3303 as a peak level and $0.293 as the lowest level. The stock ended up at $0.3097. The daily volume was measured at 1,292,454 shares. The 52-week high of the share price is $5.18 and the 52-week low is $0.2. The company has a market cap of $19 million.
Shares of Goodrich Petroleum Corp. appreciated by 23.88% during the last five trading days but lost 27.98% on a 4-week basis. Goodrich Petroleum Corp. has dropped 43.69% during the last 3-month period . Year-to-Date the stock performance stands at -93.02%.
On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Goodrich Petroleum Corp, Perdue Michael J, had purchased 11,887 shares in a transaction dated on June 18, 2015. The transaction was executed at $1.99 per share with total amount equaling $23,655.
Goodrich Petroleum Corporation is an independent oil and natural gas company engaged in exploration, development and production of oil and natural gas on properties primarily in Northwest Louisiana, East Texas and South Texas. It includes the Haynesville Shale and Cotton Valley Taylor Sand in Northwest Louisiana and East Texas, the Eagle Ford Shale and Buda Lime formations in South Texas and the Tuscaloosa Marine Shale in Southeast Louisiana and Southwest Mississippi. It owns interests in 401 producing oil and natural gas wells. As of December 31, 2011, it had reserves of 463.5 billion cubic feet of natural gas, 0.5 million barrels of natural gas liquids and 5.8 million barrels of oil and condensate. On September 28, 2012, it sold certain non-core properties in the South Henderson field in East Texas to Memorial Resource Development, L.L.C. In October 2012, Memorial Production Partners LP acquired oil and natural gas properties in East Texas from the Company.
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I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
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