Goodrich Petroleum (GDP) Tops Q2 EPS by 8c

Go back to Goodrich Petroleum (GDP) Tops Q2 EPS by 8c

Goodrich Petroleum Announces Second Quarter 2017 Financial Results and Operational Update

August 4, 2017 7:00 AM EDT

HOUSTON, Aug. 4, 2017 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE American: GDP) (the "Company") today announced financial results and an operational update for the second quarter ended June 30, 2017. 

FINANCIAL RESULTS

Production

Production for the quarter totaled 3.3 Bcfe, with average daily production of approximately 36,300 Mcfe per day (85% natural gas) growing sequentially by 40%, versus 2.3 Bcfe, or an average of 26,000 Mcfe per day in the prior quarter. Since the end of the second quarter, July production averaged approximately 44,000 Mcfe per day.    

Revenues

Revenues for the... More