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Stock Market & Financial Investment News

News Breaks
December 26, 2013
06:03 EDTGDPGoodrich Petroleum successfully fracture stimulates Amite County well
Goodrich Petroleum announced that its Huff 18-7H-1 well in Amite County, Mississippi was successfully fracture stimulated with 17 stages and had commenced flowback at expected fluid rates when the well became plugged up with frac-related debris at a frac plug approximately 500 feet into the lateral, which will need to be cleaned out prior to resuming flowback. Completion results are expected to be released after the first of the year as soon as flowback has resumed and peak rate achieved. The company has in excess of 300,000 net acres in the play with two rigs currently running. A third rig is set to commence drilling operations in the first quarter of 2014, and the company anticipates up to five rigs running by year-end 2014 pending continued drilling results.
News For GDP From The Last 14 Days
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April 23, 2014
12:00 EDTGDPGoodrich Petroleum rises 9.3%
Goodrich Petroleum is up 9.3%, or $2.31, to $27.27
April 21, 2014
08:22 EDTGDPGoodrich Petroleum price target raised to $35 from $25 at BMO Capital
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April 16, 2014
10:00 EDTGDPOn The Fly: Analyst Downgrade Summary
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10:00 EDTGDPOn The Fly: Analyst Upgrade Summary
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07:23 EDTGDPGoodrich Petroleum downgraded to Hold from Buy at KLR Group
KLR Group downgraded Goodrich Petroleum to Hold citing valuation following this week's rally. The firm raised its price target for shares to $24 from $19. Note Goodrich Petroleum was upgraded this morning at Imperial Capital.
07:02 EDTGDPGoodrich Petroleum upgraded to Outperform from In-Line at Imperial Capital
Imperial Capital upgraded Goodrich Petroleum to Outperform citing better than expected results for the company's Blades well in the Tuscaloosa Marine Shale. The firm raised its price target for shares to $33 from $13.
April 15, 2014
10:17 EDTGDPHigh option volume stocks: FSL GDP SPR GWW MHFI
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April 14, 2014
16:24 EDTGDPOn The Fly: Closing Wrap
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12:26 EDTGDPOn The Fly: Midday Wrap
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12:00 EDTGDPGoodrich Petroleum rises 33.7%
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10:00 EDTGDPGoodrich Petroleum rises 22.3%
Goodrich Petroleum is up 22.3%, or $4.11, to $22.50
09:18 EDTGDPGoodrich Petroleum Blades 33H-1 well results a strong positive, sa RBC Capital
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09:00 EDTGDPGoodrich Petroleum rises 9.7%
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06:15 EDTGDPGoodrich Petroleum announces TMS well result, update
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