Goodrich Petroleum (NYSE: GDP) is one of 181 publicly-traded companies in the “Independent Oil & Gas” industry, but how does it weigh in compared to its peers? We will compare Goodrich Petroleum to related businesses based on the strength of its analyst recommendations, dividends, institutional ownership, profitability, earnings, risk and valuation.

Earnings & Valuation

This table compares Goodrich Petroleum and its peers top-line revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Goodrich Petroleum N/A N/A -1.79
Goodrich Petroleum Competitors $437.00 million $72.32 million -8.17

Goodrich Petroleum’s peers have higher revenue and earnings than Goodrich Petroleum. Goodrich Petroleum is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Institutional and Insider Ownership

72.3% of shares of all “Independent Oil & Gas” companies are owned by institutional investors. 18.8% of shares of all “Independent Oil & Gas” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Risk & Volatility

Goodrich Petroleum has a beta of 4.61, suggesting that its share price is 361% more volatile than the S&P 500. Comparatively, Goodrich Petroleum’s peers have a beta of 1.03, suggesting that their average share price is 3% more volatile than the S&P 500.

Profitability

This table compares Goodrich Petroleum and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Goodrich Petroleum -82.49% N/A -23.72%
Goodrich Petroleum Competitors -8,283.26% -43.72% -12.69%

Analyst Ratings

This is a summary of recent ratings and target prices for Goodrich Petroleum and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Goodrich Petroleum 0 0 7 0 3.00
Goodrich Petroleum Competitors 328 2280 3420 175 2.55

Goodrich Petroleum presently has a consensus price target of $18.00, indicating a potential upside of 67.13%. As a group, “Independent Oil & Gas” companies have a potential upside of 24.76%. Given Goodrich Petroleum’s stronger consensus rating and higher possible upside, research analysts plainly believe Goodrich Petroleum is more favorable than its peers.

Summary

Goodrich Petroleum beats its peers on 6 of the 11 factors compared.

Goodrich Petroleum Company Profile

Goodrich Petroleum Corporation is an independent oil and natural gas company. The Company is engaged in the exploration, development and production of oil and natural gas on properties primarily in Southwest Mississippi and Southeast Louisiana, which includes the Tuscaloosa Marine Shale Trend (TMS); Northwest Louisiana and East Texas, which includes the Haynesville Shale Trend, and South Texas, which includes the Eagle Ford Shale Trend. It has interests in over 193 producing oil and natural gas wells located in over 43 fields in over eight states of the United States. It has estimated proved reserves of approximately 9.1 million barrels of oil equivalent (MMBoe), consisting of over 31.9 billion cubic feet (Bcf) of natural gas and approximately 3.8 million barrels (MMBbls) of oil and condensate. It also maintains ownership interests in acreage and wells in various other fields, including Longwood field in Caddo Parish, Louisiana and the Garfield Unit in Kalkaska County, Michigan.

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