Goodrich Petroleum Corp. GDP was a big mover last session, as the company saw its shares rise by over 30% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 62% in the past one-month time frame.
This independent oil & gas company has seen four positive and five negative estimate revisions over the past 30 days while its Zacks Consensus Estimate has moved down over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Goodrich Petroleum currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
Some better-ranked stocks in the same sector include Range Resources Corporation RRC, World Point Terminals, LP WPT and Approach Resources, Inc. AREX. While Range Resources and World Point Terminals, LP hold a Zacks Rank #1 (Strong Buy), Approach Resources carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
This independent oil & gas company has seen four positive and five negative estimate revisions over the past 30 days while its Zacks Consensus Estimate has moved down over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Goodrich Petroleum currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
Some better-ranked stocks in the same sector include Range Resources Corporation RRC, World Point Terminals, LP WPT and Approach Resources, Inc. AREX. While Range Resources and World Point Terminals, LP hold a Zacks Rank #1 (Strong Buy), Approach Resources carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
APPROACH RESRCS AREX: Free Stock Analysis Report
GOODRICH PETROL GDP: Free Stock Analysis Report
RANGE RESOURCES RRC: Free Stock Analysis Report
WORLD POINT TER WPT: Free Stock Analysis Report
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Zacks Investment Research
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