| Goodrich Petroleum reports 2Q loss | |
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HOUSTON (AP) _ Goodrich Petroleum Corp. (GDP) on Wednesday reported a loss of $31.6 million in its second quarter.
On a per-share basis, the Houston-based company said it had a loss of 68 cents. Losses, adjusted for non-recurring costs, came to 33 cents per share.
The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 30 cents per share.
The independent oil and gas company posted revenue of $26.1 million in the period, also falling short of Street forecasts. Seven analysts surveyed by Zacks expected $34.7 million.
The company's shares closed at 88 cents. A year ago, they were trading at $18.17.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GDP at http://www.zacks.com/ap/GDP
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Keywords: Goodrich Petroleum, Earnings Report
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Goodrich Petroleum Corporation
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CODE : GDP |
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ISIN : US3824104059 |
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Goodrich Petroleum est une société d’exploration minière de pétrole basée aux Etats-Unis D'Amerique. |