Gassers and Goodrich GDP

Gassers and Goodrich GDP

Postby Fraser921 » Wed May 26, 2021 2:25 pm

Today Ng prices are up about 4 cents. Finally, the EP names have responded with unhedged Sandridge SD leading the way up 6.6%. One name is essential flat Goodrich Petroleum GDP (actually a Haynesville gasser) buying here at 11.00. Higher NG prices Plus 3 new wells will drive Q2 numbers

AR Propane inventory very low and prices jumped .05 cents in one week.
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Re: Gassers and Goodrich GDP

Postby dan_s » Wed May 26, 2021 2:52 pm

GDP is a very small company with low trading volume. 98% dry gas, so no exposure to NGLs. However, it will put up strong results quarter-after-quarter with rising production and increasing ngas prices.
Dan Steffens
Energy Prospectus Group
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