Contrasting Goodrich Petroleum (GDP) & Its Competitors

Goodrich Petroleum (NYSE: GDP) is one of 180 publicly-traded companies in the “Independent Oil & Gas” industry, but how does it weigh in compared to its rivals? We will compare Goodrich Petroleum to related businesses based on the strength of its earnings, profitability, valuation, analyst recommendations, dividends, institutional ownership and risk.

Profitability

This table compares Goodrich Petroleum and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Goodrich Petroleum -82.49% N/A -23.72%
Goodrich Petroleum Competitors -8,283.26% -43.72% -12.69%

Valuation and Earnings

This table compares Goodrich Petroleum and its rivals gross revenue, earnings per share (EPS) and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Goodrich Petroleum N/A N/A -1.82
Goodrich Petroleum Competitors $437.00 million $72.32 million -8.02

Goodrich Petroleum’s rivals have higher revenue and earnings than Goodrich Petroleum. Goodrich Petroleum is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Volatility & Risk

Goodrich Petroleum has a beta of 4.61, suggesting that its stock price is 361% more volatile than the S&P 500. Comparatively, Goodrich Petroleum’s rivals have a beta of 1.04, suggesting that their average stock price is 4% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings and target prices for Goodrich Petroleum and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Goodrich Petroleum 0 0 7 0 3.00
Goodrich Petroleum Competitors 329 2279 3421 175 2.55

Goodrich Petroleum currently has a consensus target price of $18.00, suggesting a potential upside of 64.01%. As a group, “Independent Oil & Gas” companies have a potential upside of 23.83%. Given Goodrich Petroleum’s stronger consensus rating and higher possible upside, equities analysts plainly believe Goodrich Petroleum is more favorable than its rivals.

Institutional and Insider Ownership

72.3% of shares of all “Independent Oil & Gas” companies are owned by institutional investors. 18.8% of shares of all “Independent Oil & Gas” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Goodrich Petroleum beats its rivals on 6 of the 11 factors compared.

Goodrich Petroleum Company Profile

Goodrich Petroleum Corporation is an independent oil and natural gas company. The Company is engaged in the exploration, development and production of oil and natural gas on properties primarily in Southwest Mississippi and Southeast Louisiana, which includes the Tuscaloosa Marine Shale Trend (TMS); Northwest Louisiana and East Texas, which includes the Haynesville Shale Trend, and South Texas, which includes the Eagle Ford Shale Trend. It has interests in over 193 producing oil and natural gas wells located in over 43 fields in over eight states of the United States. It has estimated proved reserves of approximately 9.1 million barrels of oil equivalent (MMBoe), consisting of over 31.9 billion cubic feet (Bcf) of natural gas and approximately 3.8 million barrels (MMBbls) of oil and condensate. It also maintains ownership interests in acreage and wells in various other fields, including Longwood field in Caddo Parish, Louisiana and the Garfield Unit in Kalkaska County, Michigan.

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