Goodrich Petroleum (GDP) Misses Q2 EPS by 4c
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Goodrich Petroleum Announces Second Quarter 2015 Financial Results And Operational Update
August 5, 2015 7:01 AM EDTHOUSTON, Aug. 5, 2015 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) (the "Company") today announced financial results and an operational update for the second quarter ended June 30, 2015.Â
HIGHLIGHTS:
Adjusted Revenues, which includes the benefit of realized gains on the Company's oil hedges, were $37.3 million for the quarter versus $50.2 million in the prior year period; Operating Expenses were lower by $19.9 million in the quarter versus the prior year period and $0.5 million sequentially; Earnings before interest, taxes, non-cash General & Administrative ("G&A") expenses and exploration ("Adjusted... More