Goodrich Petroleum CORP: management transactions · United States · SEC (Form 4)

About Goodrich Petroleum CORP

Goodrich Petroleum Corp. is an American upstream energy company focused on the exploration, development, and production of oil and natural gas. The company was founded in 1995 and incorporated in Delaware, with executive headquarters in Houston, Texas, placing it in the center of the U.S. oil and gas industry. From a capital-markets perspective, Goodrich was listed on NYSE American under the ticker GDP before it was taken private in late 2021. For investors analyzing SEC Form 4 insider activity, that distinction matters: the company is no longer an independently listed public issuer, and the last reported insider transactions were tied to the period immediately preceding its acquisition. Historically, Goodrich operated as a niche independent producer rather than a diversified major. Its business model was built around onshore oil and gas properties in the United States, with a concentrated asset base in several proven resource plays. The company’s core operating areas included Northwest Louisiana and East Texas, where it had exposure to the Haynesville Shale; Southwest Mississippi and Southeast Louisiana, including the Tuscaloosa Marine Shale; and South Texas, including the Eagle Ford Shale. This basin-focused footprint gave Goodrich technical depth in specific geologies and a clear strategic emphasis on development drilling, production optimization, and reserve conversion. Goodrich’s principal products were hydrocarbons produced from its operated and non-operated wells: natural gas, crude oil, and condensate. It was not a midstream or oilfield services company; rather, it sold production from its own reserve base and depended on commodity prices, well performance, infrastructure access, and capital discipline. That made the company a classic upstream operator with leverage to natural gas and oil market conditions. Its competitive position came from its operating know-how in targeted basins, its asset quality, and its ability to allocate capital toward projects with attractive returns in a volatile energy environment. Geographically, Goodrich was essentially a U.S.-only business. Its activities were concentrated in the Lower 48 and centered on domestic shale and conventional opportunities, with no meaningful international diversification. A major recent milestone was the announced sale of the company in November 2021 and the completion of the tender offer and merger in December 2021, when Paloma Partners VI Holdings acquired Goodrich for $23.00 per share in cash. As a result, Goodrich Petroleum transitioned from a publicly traded upstream name to a privately owned energy asset base. For SEO and investor-facing content, the most accurate framing is therefore an historical profile of a U.S. shale-focused producer formerly listed on NYSE American in the United States, rather than an active standalone listed company today.