Goodrich Petroleum Co. (GDP) to Release Quarterly Earnings on Wednesday

Goodrich Petroleum Co. (NYSEMKT:GDP) is set to issue its quarterly earnings data before the market opens on Wednesday, November 8th. Analysts expect the company to announce earnings of ($0.10) per share for the quarter.

Shares of Goodrich Petroleum Co. (GDP) opened at 9.81 on Wednesday. Goodrich Petroleum Co. has a 12 month low of $8.20 and a 12 month high of $17.25. The stock’s 50 day moving average is $9.73 and its 200 day moving average is $11.54. The firm has a market cap of $103.38 million and a P/E ratio of 5.56.

Several equities analysts have recently issued reports on GDP shares. Seaport Global Securities reissued a “buy” rating on shares of Goodrich Petroleum in a research note on Wednesday, October 18th. Capital One Financial Corporation reissued an “overweight” rating on shares of Goodrich Petroleum in a research note on Tuesday, July 11th.

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About Goodrich Petroleum

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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