Loading...

Goodrich Petroleum

AMEX:GDP
Snowflake Description

High growth potential with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GDP
AMEX
$138M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Goodrich Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas. The last earnings update was 35 days ago. More info.


Add to Portfolio Compare Print
  • Goodrich Petroleum has significant price volatility in the past 3 months.
GDP Share Price and Events
7 Day Returns
-4.9%
AMEX:GDP
-0.9%
US Oil and Gas
0.3%
US Market
1 Year Returns
-10.1%
AMEX:GDP
-18.1%
US Oil and Gas
0.7%
US Market
GDP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Goodrich Petroleum (GDP) -4.9% -9.4% -14.2% -10.1% - -
US Oil and Gas -0.9% -5.3% -9% -18.1% -7.4% -40.9%
US Market 0.3% 0.4% 0.6% 0.7% 37.2% 37.4%
1 Year Return vs Industry and Market
  • GDP outperformed the Oil and Gas industry which returned -18.1% over the past year.
  • GDP underperformed the Market in United States of America which returned 0.7% over the past year.
Price Volatility
GDP
Industry
5yr Volatility vs Market

Value

 Is Goodrich Petroleum undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Goodrich Petroleum. This is due to cash flow or dividend data being unavailable. The share price is $11.24.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Goodrich Petroleum's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Goodrich Petroleum's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:GDP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.63
AMEX:GDP Share Price ** AMEX (2019-06-17) in USD $11.24
United States of America Oil and Gas Industry PE Ratio Median Figure of 102 Publicly-Listed Oil and Gas Companies 12.63x
United States of America Market PE Ratio Median Figure of 3,093 Publicly-Listed Companies 17.68x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Goodrich Petroleum.

AMEX:GDP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:GDP Share Price ÷ EPS (both in USD)

= 11.24 ÷ 0.63

17.72x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Goodrich Petroleum is overvalued based on earnings compared to the US Oil and Gas industry average.
  • Goodrich Petroleum is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Goodrich Petroleum's expected growth come at a high price?
Raw Data
AMEX:GDP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
76.2%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 78 Publicly-Listed Oil and Gas Companies 0.36x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

AMEX:GDP PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.72x ÷ 76.2%

0.23x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Goodrich Petroleum is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Goodrich Petroleum's assets?
Raw Data
AMEX:GDP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $5.48
AMEX:GDP Share Price * AMEX (2019-06-17) in USD $11.24
United States of America Oil and Gas Industry PB Ratio Median Figure of 196 Publicly-Listed Oil and Gas Companies 0.97x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.79x
AMEX:GDP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:GDP Share Price ÷ Book Value per Share (both in USD)

= 11.24 ÷ 5.48

2.05x

* Primary Listing of Goodrich Petroleum.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Goodrich Petroleum is overvalued based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Goodrich Petroleum's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Goodrich Petroleum has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Goodrich Petroleum expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
76.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Goodrich Petroleum expected to grow at an attractive rate?
  • Goodrich Petroleum's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Goodrich Petroleum's earnings growth is expected to exceed the United States of America market average.
  • Goodrich Petroleum's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
AMEX:GDP Future Growth Rates Data Sources
Data Point Source Value (per year)
AMEX:GDP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 76.2%
AMEX:GDP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 31.5%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 12.4%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AMEX:GDP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AMEX:GDP Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 165
2022-12-31 138
2021-12-31 123
2020-12-31 189 117 37 7
2019-12-31 146 85 21 7
AMEX:GDP Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 104 61 8
2018-12-31 86 49 2
2018-09-30 64 39 -8
2018-06-30 54 15 -9
2018-03-31 48 20 -8
2017-12-31 46 18 -8
2017-09-30 42 10 39
2017-06-30 36 7 19
2017-03-31 30 -6 10
2016-12-31 27 -21 -4
2016-09-30 31 -19 -366
2016-06-30 41 -24 -372

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Goodrich Petroleum's earnings are expected to grow significantly at over 20% yearly.
  • Goodrich Petroleum's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AMEX:GDP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Goodrich Petroleum Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:GDP Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 2.57 3.16 1.55 6.00
2019-12-31 1.61 1.82 1.40 4.00
AMEX:GDP Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.63
2018-12-31 0.15
2018-09-30 -0.72
2018-06-30 -0.82
2018-03-31 -0.72
2017-12-31 -0.80
2017-09-30 3.67
2017-06-30 1.80
2017-03-31 1.07
2016-12-31 -0.60
2016-09-30 -5.01
2016-06-30 -5.49

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Goodrich Petroleum will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Goodrich Petroleum's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Goodrich Petroleum has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Goodrich Petroleum performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Goodrich Petroleum's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Goodrich Petroleum has delivered over 20% year on year earnings growth in the past 5 years.
  • Goodrich Petroleum has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Goodrich Petroleum has become profitable in the last year making it difficult to compare the US Oil and Gas industry average.
Earnings and Revenue History
Goodrich Petroleum's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Goodrich Petroleum Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:GDP Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 103.50 7.52 19.78
2018-12-31 86.20 1.75 19.66
2018-09-30 64.45 -8.10 19.36
2018-06-30 53.94 -9.04 18.46
2018-03-31 48.47 -7.60 17.43
2017-12-31 46.15 -8.00 16.70
2017-09-30 42.44 38.66 14.80
2017-06-30 36.26 18.84 14.92
2017-03-31 30.44 9.71 15.15
2016-12-31 27.27 -4.31 17.25
2016-09-30 30.82 -366.22 49.96
2016-06-30 41.00 -372.35 55.73
2016-03-31 60.17 -401.07 64.64
2015-12-31 77.65 -409.88 69.49
2015-09-30 114.42 -326.10 41.62
2015-06-30 152.16 -388.02 41.20
2015-03-31 180.18 -381.48 40.09
2014-12-31 208.55 -382.86 39.93
2014-09-30 210.56 -180.53 34.53
2014-06-30 212.85 -126.18 37.73
2014-03-31 208.01 -113.74 43.08
2013-12-31 203.30 -113.79 56.84
2013-09-30 200.96 -160.05 65.83
2013-06-30 189.76 -116.37 63.09
2013-03-31 182.62 -100.98 54.64
2012-12-31 180.85 -90.25 52.05
2012-09-30 184.04 -36.88 38.39
2012-06-30 193.62 -35.65 36.61

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Goodrich Petroleum has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Goodrich Petroleum used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.
  • Unable to establish if Goodrich Petroleum improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Goodrich Petroleum's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Goodrich Petroleum has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Goodrich Petroleum's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Goodrich Petroleum's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Goodrich Petroleum's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Goodrich Petroleum's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Goodrich Petroleum's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Goodrich Petroleum Company Filings, last reported 2 months ago.

AMEX:GDP Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 66.62 88.17
2018-12-31 64.43 76.82 4.07
2018-09-30 56.57 61.86 1.93
2018-06-30 53.13 50.08 1.73
2018-03-31 54.07 41.46 9.73
2017-12-31 56.25 55.73 25.99
2017-09-30 57.46 53.34 31.09
2017-06-30 55.65 51.18 34.41
2017-03-31 56.00 49.13 37.95
2016-12-31 60.90 47.21 36.85
2016-09-30 -410.70 444.24 6.50
2016-06-30 -397.85 443.60 10.07
2016-03-31 -393.72 446.07 12.68
2015-12-31 -408.09 465.51 11.78
2015-09-30 -16.63 540.06 4.03
2015-06-30 -15.04 622.40 0.35
2015-03-31 20.66 585.59 6.43
2014-12-31 -15.77 568.63 0.01
2014-09-30 214.59 609.46 2.22
2014-06-30 299.70 537.48 0.45
2014-03-31 328.95 497.50 0.81
2013-12-31 356.52 485.53 49.22
2013-09-30 216.52 625.99 1.90
2013-06-30 119.61 554.11 2.65
2013-03-31 31.92 621.39 4.05
2012-12-31 60.25 568.67 1.19
2012-09-30 135.98 569.95 1.57
2012-06-30 123.43 626.51 1.96
  • Goodrich Petroleum's level of debt (127.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (151.5% vs 127.5% today).
  • Debt is well covered by operating cash flow (71.6%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.5x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Goodrich Petroleum's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Goodrich Petroleum has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Goodrich Petroleum's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Goodrich Petroleum dividends.
If you bought $2,000 of Goodrich Petroleum shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Goodrich Petroleum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Goodrich Petroleum's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AMEX:GDP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 67 Stocks 3.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AMEX:GDP Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Goodrich Petroleum has not reported any payouts.
  • Unable to verify if Goodrich Petroleum's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Goodrich Petroleum's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Goodrich Petroleum has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Goodrich Petroleum's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Goodrich Petroleum afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Goodrich Petroleum has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Goodrich Petroleum's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gil Goodrich
COMPENSATION $965,240
AGE 60
TENURE AS CEO 23.8 years
CEO Bio

Mr. Walter G. Goodrich, also known as Gil, serves as Chief Executive Officer of Goodrich Petroleum Company, LLC. Mr. Goodrich has been the Chief Executive Officer of Goodrich Petroleum Corporation since August 1995 and has been its Chairman of the Board since May 2015. Mr. Goodrich served as Non-Independent Executive Vice Chairman of Goodrich Petroleum Corporation from February 2003 to June 2015. He was Goodrich Oil Company's Vice President of Exploration from 1985 to 1989 and served as its President from 1989 to August 1995. He joined Goodrich Oil Company as an exploration geologist in 1980. Mr. Goodrich has been a Non-Independent Executive Director of Goodrich Petroleum Corporation since August 15, 1995. He joined Goodrich Oil Company, which held interests in and served as operator of various properties owned by a predecessor of the Company, as an exploration geologist in 1980.

CEO Compensation
  • Gil's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Gil's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Goodrich Petroleum management team in years:

11.4
Average Tenure
60
Average Age
  • The average tenure for the Goodrich Petroleum management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Gil Goodrich

TITLE
Chairman & CEO
COMPENSATION
$965K
AGE
60
TENURE
23.8 yrs

Robert Turnham

TITLE
President
COMPENSATION
$965K
AGE
60
TENURE
16.3 yrs

Mark Ferchau

TITLE
Executive Vice President
COMPENSATION
$648K
AGE
64
TENURE
16.3 yrs

Robert Barker

TITLE
Senior VP
COMPENSATION
$508K
AGE
67
TENURE
2.3 yrs

Leslee Ranly

TITLE
Vice President of Human Resources & Administration
TENURE
12.8 yrs

Mike Killelea

TITLE
Executive VP
COMPENSATION
$1M
AGE
55
TENURE
10.4 yrs

Michael Huggins

TITLE
Vice President of Marketing & Assistant General Counsel
TENURE
1.3 yrs

Tom Nemec

TITLE
Senior Vice President of Operations
TENURE
11.4 yrs

Clarke Denney

TITLE
Senior Vice President of Drilling
TENURE
7.4 yrs

Timothy Lane

TITLE
Senior Vice President of Land and Planning Administration
Board of Directors Tenure

Average tenure and age of the Goodrich Petroleum board of directors in years:

2.7
Average Tenure
62
Average Age
  • The average tenure for the Goodrich Petroleum board of directors is less than 3 years, this suggests a new board.
Board of Directors

Gil Goodrich

TITLE
Chairman & CEO
COMPENSATION
$965K
AGE
60
TENURE
4.1 yrs

Robert Turnham

TITLE
President
COMPENSATION
$965K
AGE
60
TENURE
12.5 yrs

Kenneth Leight

TITLE
Independent Director
COMPENSATION
$245K
AGE
62
TENURE
2.7 yrs

Tim Leuliette

TITLE
Lead Independent Director
COMPENSATION
$248K
AGE
68

Tom Souers

TITLE
Independent Director
COMPENSATION
$227K
AGE
64
TENURE
2.7 yrs

Ronney Coleman

TITLE
Independent Director
COMPENSATION
$224K
AGE
64
TENURE
2.7 yrs

Steven Pully

TITLE
Independent Director
COMPENSATION
$217K
AGE
58
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Goodrich Petroleum's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Goodrich Petroleum has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Percentage Of Goodrich Petroleum Corporation (NYSEMKT:GDP) Shares Do Insiders Own?

As Charlie Munger said 'Show me the incentive and I will show you the outcome.' Goodrich Petroleum is not a large company by global standards. … View our latest analysis for Goodrich Petroleum AMEX:GDP Ownership Summary, June 5th 2019 What Does The Institutional Ownership Tell Us About Goodrich Petroleum? … As you can see, institutional investors own 59% of Goodrich Petroleum.

Simply Wall St -

Should You Be Worried About Goodrich Petroleum Corporation's (NYSEMKT:GDP) 2.7% Return On Equity?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every $1 worth of shareholders' equity, it generated $0.027 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Goodrich Petroleum (NYSEMKT:GDP) Shareholders Have Enjoyed A 11% Share Price Gain

For example, the Goodrich Petroleum Corporation (NYSEMKT:GDP) share price is up 11% in the last year, clearly besting than the market return of around 0.6% (not including dividends). … We'll need to follow Goodrich Petroleum for a while to get a better sense of its share price trend, since it hasn't been listed for particularly long. … During the last year Goodrich Petroleum grew its earnings per share, moving from a loss to a profit.

Simply Wall St -

What You Must Know About Goodrich Petroleum Corporation's (NYSEMKT:GDP) Financial Strength

Investors are always looking for growth in small-cap stocks like Goodrich Petroleum Corporation (NYSEMKT:GDP), with a market cap of US$155m. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

Are Goodrich Petroleum Corporation's (NYSEMKT:GDP) Interest Costs Too High?

Goodrich Petroleum Corporation (NYSEMKT:GDP) is a small-cap stock with a market capitalization of US$165m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes

Simply Wall St -

Should You Worry About Goodrich Petroleum Corporation's (NYSEMKT:GDP) CEO Pay?

Gil Goodrich is the CEO of Goodrich Petroleum Corporation (NYSEMKT:GDP), which has recently grown to a market capitalization of US$138.86m. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … CEOs leading companies of similar size and profitability

Simply Wall St -

Should You Be Concerned About Goodrich Petroleum Corporation's (NYSEMKT:GDP) Investors?

In this analysis, my focus will be on developing a perspective on Goodrich Petroleum Corporation’s (NYSEMKT:GDP) latest ownership structure, a less discussed, but important factor. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Check out our latest analysis for Goodrich Petroleum

Simply Wall St -

What does Goodrich Petroleum Corporation's (NYSEMKT:GDP) Balance Sheet Tell Us About Its Future?

Goodrich Petroleum Corporation (NYSEMKT:GDP) is a small-cap stock with a market capitalization of US$144.53m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Companies operating in the Oil and Gas industry,

Simply Wall St -

Should You Worry About Goodrich Petroleum Corporation's (NYSEMKT:GDP) CEO Salary Level?

Performance can be measured based on factors such as earnings and total shareholder return (TSR). … Though one size does not fit all, since compensation should account for specific factors of the company and market, we can gauge a high-level thresold to see if GDP is an outlier. … Normally I'd use market cap and profit as factors determining performance, however, GDP's negative earnings reduces the effectiveness of this method.

Simply Wall St -

Should You Follow This Trend For Goodrich Petroleum Corporation (NYSEMKT:GDP)?

Digging deeper into the line items,Goodrich Petroleum is believed to experience an impressive double-digit top-line growth next year, which If insiders anticipate an improvement in earnings, they may ramp up their shares now before the market has incorporate the full growth potential into the share price. … In the past three months, Goodrich Petroleum’s share price reached a high of $14.64 and a low of $10.35. … Next Steps: Goodrich Petroleum’s insider meaningful buying activity tells us the shares are currently in favour, reinforced by the substantial earnings growth expectations, on top of a reasonable share price movement around the same time.

Simply Wall St -

Company Info

Description

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. The company owns interests in 173 producing oil and natural gas wells located in 37 fields in 7 states of the United States. As of December 31, 2018, it had estimated proved reserves of approximately 480 billion cubic feet equivalent, which included 471 billion cubic feet of natural gas and 1.4 million barrels of crude oil or other liquid hydrocarbons of oil and condensate. The company was founded in 1995 and is based in Houston, Texas.

Details
Name: Goodrich Petroleum Corporation
GDP
Exchange: AMEX
Founded: 1995
$138,278,054
12,302,318
Website: http://www.goodrichpetroleum.com
Address: Goodrich Petroleum Corporation
801 Louisiana Street,
Suite 700,
Houston,
Texas, 77002,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX GDP New Common Stock NYSE MKT LLC US USD 07. Dec 2016
Number of employees
Current staff
Staff numbers
51
Goodrich Petroleum employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 00:38
End of day share price update: 2019/06/17 00:00
Last estimates confirmation: 2019/06/10
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.