Goodrich Petroleum Announces Second Quarter 2015 Financial Results And Operational Update
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Imperial Capital Downgrades Goodrich Petroleum (GDP) to In-Line
August 7, 2015 6:51 AM EDTImperial Capital downgraded Goodrich Petroleum (NYSE: GDP) from Outperform to In-Line with a price target of $0.70 (from $1.30).
Analyst Kim Pacanovsky commented, "We are lowering our rating to In-Line from Outperform and lowering our one-year price target to $0.70 from $1.30. While the shares continue to underperform the group on liquidity concerns, we believe that GDP will manage its capital spending and continues to have levers to pull to increase... More
Goodrich Petroleum (GDP) Misses Q2 EPS by 4c
August 5, 2015 7:11 AM EDTGoodrich Petroleum (NYSE: GDP) reported Q2 EPS of ($0.33), $0.04 worse than the analyst estimate of ($0.29). Revenue for the quarter came in at $37.3 million versus the consensus estimate of $34.02 million.
Commenting on the quarter, the Company's Chairman of the Board and Chief Executive Officer Walter G. "Gil" Goodrich... More
