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Goodrich Petroleum Announces Second Quarter 2019 Financial Results and an Operational Update

Aug 06, 2019 - PR Newswire
Financial Results

PR Newswire

Goodrich Petroleum Corporation (NYSE American: GDP) (the "Company") today announced financial results and an operational update for the second quarter ended June 30, 2019.

QUARTER HIGHLIGHTS

Adjusted EBITDA increased by 142% over the prior year period and 42% sequentially to $21.5 million despite lower natural gas prices versus the prior year and first quarter of 2019. Net income was $11.8 million in the quarter ($0.96 per basic and $0.82 per diluted share). Net inc...