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Goodrich Petroleum (Goodrich Petroleum) Momentum Rank : 0 (As of Jun. 08, 2024)


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What is Goodrich Petroleum Momentum Rank?

Goodrich Petroleum has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Goodrich Petroleum Momentum Rank Related Terms

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Goodrich Petroleum (Goodrich Petroleum) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Goodrich Petroleum Corp (OTCPK:GDPCW) » Definitions » Momentum Rank
Comparable Companies
Traded in Other Exchanges
N/A
Address
801 Louisiana Street, Suite 700, Houston, TX, USA, 77002
Website
http://www.goodrichpetroleum.com
Goodrich Petroleum Corp is an independent oil and gas producer in the United States. The company operates in the Tuscaloosa Marine Shale region, with minor operations in the Eagle Ford and Haynesville shales. The vast majority of exploitation and development efforts on natural gas are carried out in the core of the Haynesville Shale in North Louisiana.
Executives
Jeffrey Serota director 123 ROBERT S. KERR AVENUE, OKLAHOMA CITY OK 73120
Kristen Mcwatters officer: Sr. Vice President, CFO & CAO 801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Edward J. Sondey director 801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Kenneth Adam Leight director 801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Thomas M Souers director 801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Ronald F Coleman director 4601 WESTWAY PARK BOULEVARD, HOUSTON TX 77041
Timothy D Leuliette director P.O. BOX 701482, PLYMOUTH MI 48170
Paloma Partners Vi Holdings, Llc 10 percent owner 1100 LOUISIANA STREET, SUITE 5100, HOUSTON TX 77002
Encap Partners Gp, Llc 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Paloma Vi Merger Sub, Inc. 10 percent owner 1100 LOUISIANA STREET, SUITE 5100, HOUSTON TX 77002
Encap Energy Capital Fund Xi, L.p. 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Lsp Generation Iv, Llc 10 percent owner 1700 BROADWAY, FLOOR 35, NEW YORK X1 10019
Lsp Investment Advisors, Llc 10 percent owner 1700 BROADWAY, FL. 35, NEW YORK NY 10019
Gen Iv Investment Opportunities, Llc 10 percent owner 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
J.p. Morgan Securities Llc 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10179