• Hoovers Logo
    Insightful information about industries, companies, and the people who lead them.

    Learn More.
  • GOODRICH PETE CORP Profile

    From deep in the mystic Miocene sands and the good rich rocks of ancient Mother Earth, Goodrich Petroleum brings forth oil and gas. The independent exploration and production company delves into formations dating to the Miocene and Frio Age in southern Louisiana, where it has most of its proved reserves. The company also operates in the Cotton Valley trend in Texas and Louisiana, and it leases acreage in Michigan. Goodrich Petroleum owns interests in more than 300 active oil and gas wells and has estimated proved reserves of 357.8 billion cu. ft. of natural gas equivalent. Chairman Patrick Malloy owns 16% of the company; director Josiah Austin, 18%.
    Walter G. Goodrich
    CEO
    808 Travis St., Ste. 1320

    Houston, TX 77002

    http://www.goodrichpetroleum.com

    Phone: 713-780-9494

    Fax: 713-780-9254
    Sector: Basic Materials Industry: Energy
  • 2007 Sales 2007 Sales Growth 2007 Net Income 2006 Employees
    $111,300,000 -4.2% $-45,000,000 84
  • Key Executives: GDP

    Name Title Officer Since
    Walter G. Goodrich CEO 8/1/95
    Robert C. Turnham, Jr. COO 12/12/06
    David R. Looney CFO -
    Jan L. Schott, CPA Chief Accounting Officer -
    Mark E. Ferchau Executive VP -
    Gene Washington Director 6/1/03
    Arthur A. Seeligson Director 8/1/95
    Geraldine A. Ferraro Director 8/1/03
  • Top Competitors: GDP

  • Insider Trends: GDP

    Sentiment for GDP is POSITIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: GDP

    Date Name Shares Transaction Type Market Value
    07/17/08 TURNHAM ROBERT C JR 32,700 Sale $2.17 M
    07/17/08 TURNHAM ROBERT C JR 32,700 Exercise of Stock Options $538,242.00
    07/16/08 WASHINGTON GENE A 19,000 Sale $1.33 M
  • Ownership Breakdown : GDP

    Large Block Holder Type Number  
    Institutions 146.00
     
    Mutual Fund 190.00
    Other Major 12.00
  • Short Interest Volume: GDP

    Data as of 6/25/08
    Current Short Interest Shares 301.99 M
    Current Short Interest Ratio 3.60
    Float 20.02 M
    Short Interest as % of Float 30.70
    Average Daily Volume 1.99 M
    Outstanding Shares 37.28 M