Goodrich Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas. It primarily holds interests in the Haynesville Shale Trend in northwest Louisiana and East Texas; Tuscaloosa Marine Shale Trend located in southwest Mississippi and southeast Louisiana; and the Eagle Ford Shale Trend situated in South Texas. The company was founded in 1995 and is based in Houston, Texas.
Natural gas prices have been volatile, due to changes in weather forecasts affecting the expectations for storage drawdown during the heating season. The natural gas strip for 2021 was over $3 a couple months ago, but fell to $2.50 recently before rebounding to around $2.80. These fluctuating 2021 gas prices...
Elephant Analytics on Seeking Alpha | January 5, 2021
Goodrich Petroleum Corporation (NYSE American: GDP) (the "Company") today announced that the Company has promoted Kristen M. McWatters, the Company's Controller, to Senior Vice President, Chief Financial Officer and Chief Accounting Officer effective December 17, 2020. Ms. McWatters replaces Robert T. Barker who has served as the Company's Senior Vice President and Chief Financial Officer since January 2017 and is retiring effective December 16, 2020. The Company previously announced Mr. Barker's notice of retirement on September 25, 2020. His decision to retire was based on personal reasons and not the result of any disagreement relating to our operations, policies or practices.
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