Goodrich Petroleum Corp. ( GDP ) was a big mover last session, as the company saw its shares rise by nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 15.59% in the past one-month time frame.
The company has seen no estimate revisions over the past 7 days, and the Zacks Consensus Estimate is unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Goodrich Petroleum currently has a Zacks Rank #3 (Hold) with a negative Earnings ESP
Better-ranked stocks in the oil and gas industry include Carrizo Oil & Gas Inc. ( CRZO
), Midstates Petroleum Company, Inc. ( MPO
) and RSP Permian, Inc. ( RSPP
). Each of these stocks sports a Zacks Rank #1.
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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 reportGOODRICH PETROL (GDP): Free Stock Analysis ReportCARRIZO OIL&GAS (CRZO): Free Stock Analysis ReportMIDSTATES PETRO (MPO): Free Stock Analysis ReportRSP PERMIAN INC (RSPP): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research