Goodrich Petroleum Corp. (NYSE:GDP) was the recipient of unusually large options trading activity on Friday. Stock traders purchased 9,426 put options on the stock, AmericanBankingNews.com reports. This represents an increase of approximately 547% compared to the typical volume of 1,456 put options.Goodrich Petroleum Corporation(NYSE:GDP) stock opened at $17.99 in last trading session, and closed at $17.00, trading in the range of $15.92 – $18.08. The stock showed a negative weekly performance of -5.56%.
Mexco Energy Corporation (NYSE MKT: MXC) announced net income of $298,841 for the nine months ended December 31, 2013, an increase from a net loss of $102,034 for the nine months ended December 31, 2012. Operating revenues increased 43% to $3,079,997 for the nine months ended December 31, 2013 from $2,161,326 for the same period of fiscal 2013. The average sales price for the nine months ended December 31, 2013 was $7.47 per Mcfe compared to $5.44 per Mcfe for the nine months ended December 31, 2012, an increase of 37%. Oil production increased 29% and gas production decreased 5% for the nine months ended December 31, 2013 as compared to the same period of fiscal 2013. Mexco Energy Corporation (NYSEMKT:MXC) shares closed at $7.66 on last trade day, by gaining 5.66%. Stock 52 week range is $5.10 – $9.40. Company’s market capitalization is $15.60 million.
Barnwell Industries, Inc. (NYSEMKT:BRN), a Honolulu-based company that does work in oil and natural gas, land investment and residential real estate industries, reported a net loss of $989,000, or 12 cents per share, for the quarter ended Dec. 31, compared to a loss of $2.7 million, or 33 cents per share, for the same time period last year. Barnwell Industries, Inc. (NYSEMKT:BRN) stock finished the last session at $2.95. The EPS of the stock remained -1.03. Company’s market capitalization is $24.42 million.
Magellan Petroleum Corporation (NASDAQ:MPET) average recommendation is buy with average Target Price of $2.25. Magellan Petroleum Corporation (NASDAQ:MPET) stock opened at $1.26 in last trading session and closed at $1.28. The 52 week range of the stock is $0.97 – $1.33 and the day range was $1.22 – $1.33.