Goodrich Petroleum Announces Second Quarter 2020 Financial Results

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Goodrich Petroleum (GDP) Misses Q2 EPS by 99c, Revenues Beat

August 11, 2020 6:03 AM EDT

Goodrich Petroleum (NYSE: GDP) reported Q2 EPS of ($1.25), $0.99 worse than the analyst estimate of ($0.26). Revenue for the quarter came in at $27.8 million versus the consensus estimate of $25.37 million.

2Q20 FINANCIAL RESULTS

CASH FLOWAdjusted EBITDA was $15.4 million in the quarter and discretionary cash flow ("DCF"), defined as net cash provided by operating activities before changes in working capital, was $14.5 million in the quarter, versus... More