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Goodrich Petroleum (GDP +16.2%) finished as a top gainer on investor enthusiasm that a planned...
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Tuesday, August 7, 2012, 4:42 PM ETGoodrich Petroleum (GDP +16.2%) finished as a top gainer on investor enthusiasm that a planned sale of its South Henderson field in Texas and rising oil production will help the company - saddled with a debt that exceeds its market value - sort out its cash flow problems. GDP sees Q3 average oil volume at 3,200-3,600 bbl/day, a Q/Q increase of 14%-29%.
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