GDP....In at 15.68. Stock has been going down, based a few days, and today passed the high of Friday. Currently @ 15.80.
Small float, good institutional ownership:
Float: 24.37M
% Held by Insiders1: 38.04%
% Held by Institutions1: 79.10%
Goodrich Petroleum Corporation, an independent oil and gas company, engages in the exploration, exploitation, development, and production of oil and natural gas properties in east Texas and northwest Louisiana. The company offers drilling activities and holds interests in various areas, including primarily North Minden, Beckville, Angelina River, South Henderson, Bethany Longstreet, Greenwood Waskom Metcalf, Longwood, and Caddo Pine Island. As of December 31, 2009, it had estimated proved reserves of approximately 415.3 billion cubic feet of natural gas and 0.9 million barrels of oil and condensate. It owned working interests in 466 active oil and gas wells located in 24 fields in 6 states. Goodrich Petroleum Corporation was founded in 1970 and is based in Houston, Texas.
