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NYSE MKT OTFC (GDP.A)

GDP.A on American Stock Exchange

9.39USD
17 Oct 2017
Change (% chg)

$-0.04 (-0.42%)
Prev Close
$9.43
Open
$9.32
Day's High
$9.76
Day's Low
$9.32
Volume
2,337
Avg. Vol
3,987
52-wk High
$17.25
52-wk Low
$8.26

Latest Key Developments (Source: Significant Developments)

Goodrich Petroleum reports Q2 loss per share $0.13
Friday, 4 Aug 2017 07:00am EDT 

Aug 4 (Reuters) - Goodrich Petroleum Corp :Goodrich Petroleum announces second quarter 2017 financial results and operational update.Q2 loss per share $0.13.Q2 earnings per share view $-0.21 -- Thomson Reuters I/B/E/S.Q2 revenue $12.5 million versus I/B/E/S view $10.7 million.Production for quarter totaled 3.3 BCFE, with average daily production of about 36,300 MCFE per day, up sequentially by 40%.Goodrich Petroleum Corp - ‍since end of Q2, July production averaged approximately 44,000 MCFE per day​.  Full Article

Goodrich Petroleum announces Haynesville shale well result
Wednesday, 14 Jun 2017 06:00am EDT 

June 14 (Reuters) - Goodrich Petroleum Corp ::Goodrich Petroleum announces haynesville shale well result, operational update and increased guidance.Current production for company is approximately 50,000 mcfe per day.Goodrich Petroleum Corp - company has increased its q4 of 2017 guidance to an average of 55,000 - 60,000 mcfe per day.Goodrich Petroleum Corp - company is expected to spud its next well, franks 25&24 no. 1 (estimated 69% wi, 50% nri) middle of July.Has leased approximately 600 net acres adjacent to its existing acreage in red river Parish, Louisiana.Goodrich Petroleum Corp - company now owns rights to approximately 26,000 net acres in Haynesville.Company will earn acreage through drilling and completion of wells, with no upfront cash consideration.  Full Article

JPMorgan reports 10.7 pct passive stake in Goodrich Petroleum
Wednesday, 31 May 2017 04:12pm EDT 

May 31 (Reuters) - Goodrich Petroleum Corp ::JPMorgan Chase & Co reported 10.7 percent passive stake in Goodrich Petroleum Corp as of april 28, 2017 - ‍​sec filing.  Full Article

Goodrich Petroleum ‍says entered deal to buy up to 2,200 net acres
Wednesday, 31 May 2017 04:01pm EDT 

May 31 (Reuters) - Goodrich Petroleum Corp :Goodrich petroleum announces haynesville shale well result, acreage acquisition, acreage swap and operational update.Goodrich petroleum-‍entered deal to buy up to 2,200 net acres adjacent to existing acreage in core of haynesville shale play in desoto parish,louisiana​.Goodrich petroleum corp- ‍will earn the acreage through drilling and completion of wells, with no upfront cash consideration​.  Full Article

Goodrich Petroleum reports qtrly net loss of $0.63 per basic share
Tuesday, 9 May 2017 06:00am EDT 

May 9 (Reuters) - Goodrich Petroleum Corp : :Goodrich Petroleum announces first quarter 2017 financial results and operational update.Q1 revenue $9.4 million.Goodrich Petroleum - production for quarter totaled 2.3 bcfe, with average daily production of approximately 26,000 mcfe per day (79pct natural gas).Capital expenditure budget for 2017 is expected to range between $40 million - 50 million..Qtrly net loss of $0.63 per basic share.  Full Article

Goodrich Petroleum files for mixed shelf of up to $250 mln - SEC Filing
Thursday, 4 May 2017 05:28pm EDT 

May 4 (Reuters) - Goodrich Petroleum Corp :Files for mixed shelf of up to $250 million - SEC Filing.  Full Article

Goodrich Petroleum announces emergence from bankruptcy
Wednesday, 12 Oct 2016 06:04pm EDT 

Goodrich Petroleum Corp : Goodrich Petroleum announces emergence from bankruptcy . Co has $20 million in cash from new capital to fund initial development of its Haynesville Shale Drilling Program . Goodrich Petroleum - Board will be comprised of new directors Ronald F. Coleman, Eugene I. Davis, K. Adam Leight, Timothy D. Leuliette,Thomas Souers .Goodrich Petroleum -In conjunction with emergence from bankruptcy, received $40.0 million in new capital through issuance of convertible second lien senior notes.  Full Article

Goodrich Petroleum on Sept 28,bankruptcy court entered order confirming amended joint chapter 11 plan
Monday, 3 Oct 2016 06:48am EDT 

Goodrich Petroleum Corp :On Sept 28,bankruptcy court entered order confirming amended joint chapter 11 plan of reorganization as modified by confirmation order.  Full Article

Goodrich Petroleum says restructuring support agreement terminated
Thursday, 26 May 2016 04:02pm EDT 

Goodrich Petroleum Corp : Restructuring support agreement was terminated automatically as assumption order approving RSA was not entered by bankruptcy court . RSA was not entered by bankruptcy court within thirty-five days of petition date .Intends to continue negotiations with debt holders to reach agreement on terms of restructuring its outstanding indebtedness.  Full Article