Goodrich Petroleum’s (GDP) Buy Rating Reiterated at Seaport Global Securities

Goodrich Petroleum Co. (NYSEMKT:GDP)‘s stock had its “buy” rating reaffirmed by analysts at Seaport Global Securities in a report released on Wednesday.

Separately, Capital One Financial Corp. restated an “overweight” rating on shares of Goodrich Petroleum in a research report on Tuesday, July 11th.

Goodrich Petroleum (NYSEMKT GDP) opened at 9.97 on Wednesday. Goodrich Petroleum has a 12 month low of $8.20 and a 12 month high of $16.85. The company has a market cap of $105.06 million and a price-to-earnings ratio of 5.66. The company has a 50-day moving average of $9.51 and a 200-day moving average of $11.85.

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About Goodrich Petroleum

Goodrich Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas. It primarily holds interests in the Haynesville Shale Trend in northwest Louisiana and East Texas; Tuscaloosa Marine Shale Trend located in southwest Mississippi and southeast Louisiana; and the Eagle Ford Shale Trend situated in South Texas.

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