Goodrich Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas. More Details
High growth potential and slightly overvalued.
Share Price & News
How has Goodrich Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GDP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: GDP's weekly volatility (9%) has been stable over the past year.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: GDP exceeded the US Oil and Gas industry which returned -24.6% over the past year.
Return vs Market: GDP underperformed the US Market which returned 21% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Goodrich Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs There An Opportunity With Goodrich Petroleum Corporation's (NYSEMKT:GDP) 43% Undervaluation?
1 month ago | Simply Wall StDid Goodrich Petroleum's (NYSEMKT:GDP) Share Price Deserve to Gain 29%?
2 months ago | Simply Wall StHave Insiders Been Buying Goodrich Petroleum Corporation (NYSEMKT:GDP) Shares?
Is Goodrich Petroleum undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GDP ($10.76) is trading below our estimate of fair value ($30.38)
Significantly Below Fair Value: GDP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GDP is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: GDP is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GDP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GDP is overvalued based on its PB Ratio (2.6x) compared to the US Oil and Gas industry average (1.2x).
How is Goodrich Petroleum forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GDP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: GDP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GDP's is expected to become profitable in the next 3 years.
Revenue vs Market: GDP's revenue (26.5% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: GDP's revenue (26.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GDP's Return on Equity is forecast to be high in 3 years time
How has Goodrich Petroleum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GDP is currently unprofitable.
Growing Profit Margin: GDP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GDP is unprofitable, but has reduced losses over the past 5 years at a rate of 76% per year.
Accelerating Growth: Unable to compare GDP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GDP is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-32.7%).
Return on Equity
High ROE: GDP has a negative Return on Equity (-71.61%), as it is currently unprofitable.
How is Goodrich Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: GDP's short term assets ($13.0M) do not cover its short term liabilities ($47.3M).
Long Term Liabilities: GDP's short term assets ($13.0M) do not cover its long term liabilities ($121.2M).
Debt to Equity History and Analysis
Debt Level: GDP's debt to equity ratio (210.5%) is considered high.
Reducing Debt: GDP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if GDP has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GDP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Goodrich Petroleum current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GDP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GDP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GDP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GDP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GDP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gil Goodrich (62 yo)
Mr. Walter G. Goodrich, also known as Gil, serves as Chief Executive Officer of Goodrich Petroleum Company, LLC since 1995. Mr. Goodrich has been the Chief Executive Officer of Goodrich Petroleum Corporati...
CEO Compensation Analysis
Compensation vs Market: Gil's total compensation ($USD1.19M) is above average for companies of similar size in the US market ($USD539.30K).
Compensation vs Earnings: Gil's compensation has increased whilst the company is unprofitable.
|Chairman & CEO||25.42yrs||US$1.19m||5.5% |
|Senior VP||0.083yr||no data||0.081% |
|Vice President of Human Resources & Administration||14.33yrs||no data||no data|
|Executive VP||12yrs||US$1.47m||1.54% |
|Vice President of Marketing & Assistant General Counsel||2.92yrs||no data||no data|
|Senior Vice President of Operations||13yrs||no data||no data|
|Senior Vice President of Drilling||9yrs||no data||no data|
|Senior Vice President of Land & Planning Administration||no data||no data||no data|
|Vice President of Information Technology||13.42yrs||no data||no data|
Experienced Management: GDP's management team is seasoned and experienced (13 years average tenure).
|Chairman & CEO||25.42yrs||US$1.19m||5.5% |
|Lead Independent Director||no data||US$230.25k||0.38% |
|Independent Director||1.42yrs||US$197.92k||0.12% |
|Independent Director||4.25yrs||US$217.75k||0.38% |
|Independent Director||4.25yrs||US$222.50k||0.40% |
|Independent Director||4.25yrs||US$203.75k||0.53% |
|Independent Director||1.42yrs||US$198.67k||0.12% |
Experienced Board: GDP's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.
Goodrich Petroleum Corporation's company bio, employee growth, exchange listings and data sources
- Name: Goodrich Petroleum Corporation
- Ticker: GDP
- Exchange: AMEX
- Founded: 1995
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$135.749m
- Shares outstanding: 12.62m
- Website: https://www.goodrichpetroleum.com
Number of Employees
- Goodrich Petroleum Corporation
- 801 Louisiana Street
- Suite 700
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GDP||AMEX (NYSE MKT LLC)||Yes||New Common Stock||US||USD||Dec 2016|
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 S...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/15 00:50|
|End of Day Share Price||2021/01/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.