Goodrich Petroleum Corp. (GDP) to Release Earnings on Friday
Goodrich Petroleum Corp. (NYSE:GDP) will be releasing its Q413 earnings data on Friday, February 28th. Analysts expect Goodrich Petroleum Corp. to post earnings of ($0.48) per share and revenue of $62.74 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Goodrich Petroleum Corp. (NYSE:GDP) last released its earnings data on Friday, February 28th. The company reported ($0.57) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.48) by $0.09. The company had revenue of $50.60 million for the quarter, compared to the consensus estimate of $62.74 million. On average, analysts expect Goodrich Petroleum Corp. to post $-2.39 EPS for the current fiscal year and $-1.23 EPS for the next fiscal year.
Goodrich Petroleum Corp. (NYSE:GDP) opened at 12.90 on Thursday. Goodrich Petroleum Corp. has a 1-year low of $11.16 and a 1-year high of $28.55. The stock has a 50-day moving average of $16.27 and a 200-day moving average of $20.61. The company’s market cap is $474.0 million.
A number of research firms have recently commented on GDP. Analysts at Canaccord Genuity cut their price target on shares of Goodrich Petroleum Corp. from $30.00 to $24.00 in a research note on Monday. They now have a “buy” rating on the stock. On a related note, analysts at MLV Capital cut their price target on shares of Goodrich Petroleum Corp. from $35.00 to $25.00 in a research note on Friday, February 21st. They now have a “buy” rating on the stock. Finally, analysts at Imperial Capital reiterated an “in-line” rating on shares of Goodrich Petroleum Corp. in a research note on Friday, February 21st. They now have a $13.00 price target on the stock, down previously from $18.00. One research analyst has rated the stock with a sell rating, four have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Goodrich Petroleum Corp. currently has a consensus rating of “Buy” and a consensus price target of $25.82.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.