C. K. Cooper & Company, an independent, full-service investment bank focused on the energy sector and headquartered in Irvine, California, announced today that it has initiated coverage of Goodrich Petroleum Corp.
“We like Goodrich Petroleum’s strong balance sheet and well-timed financings just prior to the energy sector sell-off, putting it in a great position to unlock [...]
Shares of oil and gas explorer and producer Goodrich Petroleum Corp. on Friday dropped more than 4 percent, after the company offered $125 million in notes to help pay down current debt.
Shares of Goodrich Petroleum dropped $2, or 4.6 percent, to $41.96 in afternoon trading on the New York Stock Exchange.
Net proceeds will be used [...]
Goodrich Petroleum Corp., an oil and gas exploration company, said Monday it reached an agreement to drill wells on property it does not own in Bienville Parish, La., expanding its operations in the Cotton Valley region.
Under the deal, Goodrich, which primarily has operations in Louisiana and Alabama, has the right to explore for natural gas [...]
Oil and gas explorer and producer Goodrich Petroleum Corp. said Tuesday it will buy a 14.5 percent working interest in 22 wells and about 3,300 gross acres in the Cotton Valley trend in Texas for $6.1 million.
The seller is an undisclosed private company.
Goodrich, which already owned the other 85.5 percent working interest in the wells [...]
After shares of Goodrich Petroleum Corp. pulled back from a multi-year high, two directors at the oil & gas exploration outfit bought stock.
Director Josiah Austin purchased 10K shares at $27.29 on September 20th and 6K shares at $26.46 on September 25th, increasing his holdings to approximately 5.655M shares, or about a 22.7% stake. Meanwhile, Director [...]
Oil and gas explorer Goodrich Petroleum Corp. swung to a profit in the second quarter, as revenue soared on the strength of oil and gas prices and increased production.
On Monday after the closing bell, Goodrich said net income after paying preferred dividends was $2.8 million, or 11 cents per share, compared with a loss of [...]
