Goodrich Petroleum Announces Fourth Quarter and Year-End 2019 Results
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Goodrich Petroleum (GDP) Misses Q4 EPS by 16c
March 5, 2020 6:07 AM ESTGoodrich Petroleum (NYSE: GDP) reported Q4 EPS of ($0.08), $0.16 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $33.6 million versus the consensus estimate of $33.17 million.
FINANCIAL RESULTS
Cash FlowAdjusted EBITDA was $20.9 million in the quarter, compared to $21.4 million in the prior year period. Adjusted EBITDA for the year was $79.0 million versus $48.0 million in the prior year.Discretionary cash flow ("DCF"), defined as net cash provided by operating activities before... More