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.
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
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
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
is considered below, and whether this is a fair price.
Price based on past earnings
Goodrich Petroleum's earnings available for a low price, and how does
this compare to other companies in the same industry?
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.
Goodrich Petroleum's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
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.
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.
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
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.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
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.
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
management team in years:
The average tenure for the Goodrich Petroleum management team is over 5 years, this suggests they are a seasoned and experienced team.
Chairman & CEO
Executive Vice President
Vice President of Human Resources & Administration
Vice President of Marketing & Assistant General Counsel
Senior Vice President of Operations
Senior Vice President of Drilling
Senior Vice President of Land and Planning Administration
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Goodrich Petroleum board of directors is less than 3 years, this suggests a new board.
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.
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
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.
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?
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
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
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
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,
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.
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.
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.
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