Goodrich Petroleum 10-K2015 FY Annual report

Filed: 30 Mar 16, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: absent, accessing, aforementioned, alleged, Ambient, appointed, Army, arrive, assumption, attention, bankruptcy, Barker, Bioscience, BLM, boosting, Bureau, challenge, challenged, chapter, codified, commitment, confirm, confirmed, constituent, cram, cure, cured, curing, CWA, de, delisted, delisting, detachable, discretionary, distracted, downturn, dropping, economy, eighteen, embedded, erode, evenly, explanatory, facilitate, fee, fewer, Fifteenth, force, foreclose, foreclosure, foregoing, Fourteenth, Froze, GDPM, grace, ground, Hayesville, headcount, hereof, identification, impossible, inception, Indian, institutional, intercreditor, involuntary, jointly, junior, kind, laboratory, Land, launched, length, lengthy, letter, lieu, likewise, Longwood, magnitude, mandatorily, MBoe, MMBoe, mortgage, noncurrent, opportunity, ordinary, OTC, outcome, overhang, overstated, ozone, paint, paragraph, petition, phased, pipe, precipitated, precision, preserve, priority, promptly, proppant, Protea, provisional, recapitalization, reconstructed, refinance, refinancing, reject, rejected, relieved, reorganization, repaid, resolution, roll, Science, secondary, sharply, shortfall, simplification, simplify, Sixteenth, stayed, stemming, stricter, subtracted, Supplementary, tender, thereunder, Topic, tranche, troubled, turn, twenty, unconventional, undrawn, unlawfully, vendor, viability, waived, waiver, wetland, widespread, withstand, Wyoming

Removed: add, aggregated, agricultural, allocating, America, amounted, Apache, Arizona, asserted, back, Bcfe, begun, behalf, Berkeley, booking, Broadgate, Buda, Canada, captured, Cattle, combusted, combustion, commencement, concentrate, concentrating, continually, continuously, coordinate, Coronado, daily, delineation, Denkmann, device, Dial, Dubilier, effluent, El, eliminating, exhibit, expand, expansion, exploitation, exploiting, favorable, flare, flexible, floating, focusing, Footnote, funded, good, goodson, Henderson, invested, jan, Kidder, KPMG, lectured, lecturer, Lime, line, lowest, Lynch, maximize, maximizing, Mcfe, Mekong, Merrill, Mexico, Midway, Mmcfe, Montgomery, NESHAP, northern, Novogen, ongoing, optimum, Patricio, Peabody, peer, peter, portfolio, post, qualified, Ranch, rationalize, redeploy, route, Royal, School, schott, selling, Shelby, Shreveport, Silicon, son, Sonora, Southeastern, spend, strive, study, support, TGS, tight, transition, underway, Valley, venture, Vietnamese, view, visiting, Ward, wildcat

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Goodrich Petroleum similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

Exhibit 12.1

GOODRICH PETROLEUM CORPORATION

RATIO OF EARNINGS TO FIXED CHARGES

(In Thousands, Except Ratios)

	Year ended December 31,
	2015			2014			2013			2012			2011
Earnings:
Income (loss) before income taxes	$	(479,424	)	$	(353,136	)	$	(95,186	)	$	(84,202	)	$	(31,758	)
Plus: fixed charges		54,807			47,829			51,187			52,403			49,351
Earnings available for fixed charges	$	(424,617	)	$	(305,307	)	$	(43,999	)	$	(31,799	)	$	17,593
Fixed Charges:
Interest expense	$	54,807		$	47,829		$	51,187		$	52,403		$	49,351
Total fixed charges	$	54,807		$	47,829		$	51,187		$	52,403		$	49,351
Ratio of Earnings to Fixed Charges	(a)			(b)			(c)			(d)			(e)

(a)	Earnings for the year ended December 31, 2015 were inadequate to cover fixed charges. The coverage deficiency was $479.4 million.

(b)	Earnings for the year ended December 31, 2014 were inadequate to cover fixed charges. The coverage deficiency was $353.1 million.

(c)	Earnings for the year ended December 31, 2013 were inadequate to cover fixed charges. The coverage deficiency was $95.2 million.

(d)	Earnings for the year ended December 31, 2012 were inadequate to cover fixed charges. The coverage deficiency was $84.2 million.

(e)	Earnings for the year ended December 31, 2011 were inadequate to cover fixed charges. The coverage deficiency was $31.8 million.

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.