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Goodrich Petroleum Corp

 
Hoover's Profile: Goodrich Petroleum Corporation
(NYSE:GDP)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Goodrich Petroleum Corporation
808 Travis St., Ste. 1320
Houston, TX 77002
TX Tel. 713-780-9494
Fax 713-780-9254

Type: Public
On the web: http://www.goodrichpetroleum.com
Employees: 116
Employee growth: 24.7%

From deep in the mystic Miocene sands and the good rich rocks of ancient Mother Earth, Goodrich Petroleum brings forth oil and gas. The independent exploration and production company delves into formations dating to the Miocene and Frio Age in southern Louisiana, where it has most of its proved reserves. The company also operates in the Cotton Valley trend in Texas and Louisiana, and it leases acreage in Michigan. Goodrich Petroleum owns interests in more than 300 active oil and gas wells and has estimated proved reserves of 357.8 billion cu. ft. of natural gas equivalent. Chairman Patrick Malloy owns 16% of the company; director Josiah Austin, 18%.

Key numbers for fiscal year ending December, 2008:
Sales: $216.1M
One year growth: 94.1%
Net income: $136.2M

Officers:
Chairman: Patrick E. Malloy III
Vice Chairman and CEO: Walter G. (Gil) Goodrich
President, COO and Director: Robert C. Turnham Jr.

Competitors:
Abraxas Petroleum
Anadarko Petroleum
Cabot Oil & Gas

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