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re: Goodrich Petroleum Announces Tuscaloosa Marine Shale Well Result

Posted on 10/15/14 at 4:54 pm to
Posted by TigerDog83
Member since Oct 2005
8347 posts
Posted on 10/15/14 at 4:54 pm to
Goodrich probably can't survive these oil prices with ther high leverage for very long. Halcon probably isn't far behind them. Should oil stay at 80 or below there will be some consolidation among the Overleveraged companies in the industry and I wouldn't touch either stock right now.
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