Goodrich Petroleum Announces First Quarter 2021 Financial Results
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HOUSTON, May 6, 2021 /PRNewswire/ Goodrich Petroleum Corporation (NYSE American: GDP) (the Company ) today announced financial results for the first quarter ended March 31, 2021.
QUARTER HIGHLIGHTS
Adjusted net income (net income prior to change in fair value of derivatives not designated as hedges) was $7.1 million for the quarter. Net income was $4.5 million in the quarter ($0.34 per basic and $0.30 per fully diluted share).
Adjusted EBITDA was $20.3 million in the quarter. Discretionary cash flow ( DCF ), defined as net cash provided by operating activities before changes in working capital, was $19.6 million in the quarter.
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California Resources Corporation Announces Fourth Quarter 2020 and Full Year Results
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Staff
3 weeks ago
SANTA CLARITA, Calif.–(BUSINESS WIRE)–California Resources Corporation (NYSE: CRC), an independent California-based oil and natural gas exploration and production company, today reported fourth quarter and full year 2020 results. Operational and financial highlights were as follows:
2020 Fourth Quarter and Full Year Highlights
For the full year of 2020, CRC reported net income of $1,871 million and an adjusted net loss attributable to common stock
1 of $257 million, excluding unusual and infrequent items primarily related to CRC’s bankruptcy proceedings and asset impairments
For the full year of 2020, reported net cash provided by operating activities of $106 million while generating free cash flow