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Goodrich Petroleum Corp. (GDP) in Focus: Stock Soars 38.2%

Goodrich Petroleum Corp. (GDP) was a big mover last session, as the company saw its shares rise by over 38% 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 61.52% since Nov 21, 2014.

The company has seen four negative revisions in the past one month, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Goodrich Petroleum currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the broader oils-energy sector include Atlas Pipeline Partners, L.P. (APL), Murphy USA Inc. (MUSA) and SunCoke Energy Inc. (SXC). All these stocks carry a Zacks Rank #1 (Strong Buy).

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GOODRICH PETE CORP (GDP): Free Stock Analysis Report

ATLAS PIPELINE PARTNERS LP (APL): Free Stock Analysis Report

MURPHY USA INC (MUSA): Free Stock Analysis Report

SUNCOKE ENERGY INC (SXC): Free Stock Analysis Report


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