Current GDP Stock Info

Goodrich Petroleum (ticker: GDP) is an independent oil and gas exploration and production company with operations in the Eagle Ford Shale, Haynesville Shale and Tuscaloosa Marine Shale (TMS). As of late, Goodrich has been a pioneer of an emerging oil play, the TMS,  in Louisiana and Mississippi.

Year to date, GDP shares increased approximately 192% – here are a few observations:

The company amassed more than 320,000 net acres in the TMS for approximately $185 per acre over a two year period (see slide 11). Recent acreage transactions have go...

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