Goodrich Petroleum Financials

Goodrich Petroleum Stock Summary

Goodrich Petroleum competes with CDW Corp, Nike, Asure Software, FactSet Research, and Getty Images. Goodrich Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas properties in the United States. The company was founded in 1995 and is based in Houston, Texas. Goodrich Petroleum operates under Oil Gas EP classification in the United States and is traded on NYSEMKT Exchange. It employs 42 people.

Goodrich Petroleum Key Financial Ratios

Generally speaking, Goodrich Petroleum's financial ratios allow both analysts and investors to convert raw data from Goodrich Petroleum's financial statements into concise, actionable information that can be used to evaluate the performance of Goodrich Petroleum over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Goodrich Petroleum reports annually and quarterly.

Goodrich Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Goodrich Petroleum's current stock value. Our valuation model uses many indicators to compare Goodrich Petroleum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goodrich Petroleum competition to find correlations between indicators driving Goodrich Petroleum's intrinsic value. More Info.Goodrich Petroleum is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Goodrich Petroleum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Goodrich Petroleum's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Goodrich Petroleum's earnings, one of the primary drivers of an investment's value.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Goodrich Petroleum information on this page should be used as a complementary analysis to other Goodrich Petroleum's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

If you are still planning to invest in Goodrich Petroleum check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Goodrich Petroleum's history and understand the potential risks before investing.