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HOUSTON , April 23, 2020 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE American: GDP) (the "Company") today announced that it will hold a conference call on Thursday, May 7 at 10:00 am central time to discuss first quarter 2020 financial results and an operational update. ...
Introduction There has been discussion recently surrounding the prospects for higher gas prices as a by-product of lower oil production following the unprecedented demand destruction from the coronavirus and associated severe recession. This would be a very welcome development for Goodrich...
This is Z4 Research Quick Cheat Sheet Update The Basic Story: This is a micro cap, gassy, Hayensville player. They are modestly levered and operating on a reduced, maintenance style budget this year. We have followed them for two decades. They seem to have learned their lesson with reg...
The stock market's tumble in mid-March was driven by indiscriminate selling caused by an awakening to the possibility of double-digit unemployment and up to a 30% drop in second quarter gross domestic product ((GDP)), coupled with changes in margin requirements resulting in forced liquidation....
Anyone who tried to sell short into the recent crude oil rally prompted by Donald Trump alluding to a 10 million barrel per day ("mmpd") coordinated cut to oil production has, at least for now, been run over by rampant market optimism. While many tend to levy criticism at Donald Trump and hi...
Goodrich Petroleum ( GDP ) has trimmed its capital expenditure budget so that it can generate more positive cash flow under current market conditions. This will help reduce its debt and allow it to handle a potential borrowing base reduction. The oil price crash has a minimal impact on Good...
HOUSTON , March 16, 2020 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE American: GDP) today announced it has lowered its 2020 preliminary capital expenditure budget by $15 million to $40 - $50 million, which is expected to generate free cash flow of an estimat...
Goodrich Petroleum ( GDP ) looks capable of generating positive cash flow in 2020 still, despite Henry Hub strip prices dropping below $2.00. It is fairly well hedged for 2020, but will need improved prices by 2021 due to its relative lack of hedges then. Goodrich's shares look reasonably c...
HOUSTON , Feb. 13, 2020 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE American: GDP) (the "Company") today announced that it will hold a conference call on Thursday, March 5 at 10:00 am central time to discuss fourth quarter and year-end 2019 financial results and an opera...
The following slide deck was published by Goodrich Petroleum Corporation in conjunction with this Read more ...
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VANCOUVER, BC / ACCESSWIRE / July 10, 2024 / Golden Pursuit Resources Ltd. (TSXV:GDP) (the "Company") is pleased to announce that it has appointed Dr. Frank Bierlein, PhD to the company's Advisory Board. Dr Bierlein is a skilled natural resources professional with over 30 years of experience in ...
VANCOUVER, BC / ACCESSWIRE / July 2, 2024 / Golden Pursuit Resources Ltd. (the " Company ") (TSXV:GDP) announces that it will offer (i) up to 3,000,000 non flow-through units (each, a " NFT Unit ") at the price of $0.20 per NFT Unit raising up to $600,000 where each NFT Unit consists of one comm...
VANCOUVER, BC / ACCESSWIRE / June 11, 2024 / Golden Pursuit Resources Ltd. (the " Company ") (TSXV:GDP) is pleased to announce that it has received approval for a grant under the Mining Incentive Program (MIP) for its Gordon Lake project. In its approval notice, the Northwest Territories Geologi...