Attached files
| file | filename |
|---|---|
| EX-31.1 - EXHIBIT 31.1 - GOODRICH PETROLEUM CORP | gdp201610-kexhibit311.htm |
| EX-99.2 - EXHIBIT 99.2 - GOODRICH PETROLEUM CORP | gdp201610-kexhibit992.htm |
| EX-99.1 - EXHIBIT 99.1 - GOODRICH PETROLEUM CORP | gdp201610-kexhibit991.htm |
| EX-32.2 - EXHIBIT 32.2 - GOODRICH PETROLEUM CORP | gdp201610-kexhibit322.htm |
| EX-32.1 - EXHIBIT 32.1 - GOODRICH PETROLEUM CORP | gdp201610-kexhibit321.htm |
| EX-31.2 - EXHIBIT 31.2 - GOODRICH PETROLEUM CORP | gdp201610-kexhibit312.htm |
| EX-23.4 - EXHIBIT 23.4 - GOODRICH PETROLEUM CORP | gdp201610-kexhibit234.htm |
| EX-23.3 - EXHIBIT 23.3 - GOODRICH PETROLEUM CORP | gdp201610-kexhibit233.htm |
| EX-23.2 - EXHIBIT 23.2 - GOODRICH PETROLEUM CORP | gdp201610-kexhibit232.htm |
| EX-23.1 - EXHIBIT 23.1 - GOODRICH PETROLEUM CORP | gdp201610-kexhibit231.htm |
| EX-12.2 - EXHIBIT 12.2 - GOODRICH PETROLEUM CORP | gdp201610kexhibit122.htm |
| 10-K - 10-K - GOODRICH PETROLEUM CORP | gdp1231201610-k.htm |
Exhibit 12.1
GOODRICH PETROLEUM CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES
(In Thousands, Except Ratios)
Successor | Predecessor | Predecessor Year ended December 31, | |||||||||||||||||||||
October 13, 2016 to December 31, 2016 | January 1, 2016 to October 12, 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||||
Earnings: | |||||||||||||||||||||||
Income (loss) before income taxes | $ | (4,307 | ) | $ | 369,944 | $ | (479,424 | ) | $ | (353,136 | ) | $ | (95,186 | ) | $ | (84,202 | ) | ||||||
Plus: fixed charges | 1,824 | 11,398 | 54,807 | 47,829 | 51,187 | 52,403 | |||||||||||||||||
Earnings available for fixed charges | $ | (2,483 | ) | $ | 381,342 | $ | (424,617 | ) | $ | (305,307 | ) | $ | (43,999 | ) | $ | (31,799 | ) | ||||||
Fixed Charges: | |||||||||||||||||||||||
Interest expense | $ | 1,824 | $ | 11,398 | $ | 54,807 | $ | 47,829 | $ | 51,187 | $ | 52,403 | |||||||||||
Total fixed charges | $ | 1,824 | $ | 11,398 | $ | 54,807 | $ | 47,829 | $ | 51,187 | $ | 52,403 | |||||||||||
Ratio of Earnings to Fixed Charges | (a) | 33.46 | (b) | (c) | (d) | (e) | |||||||||||||||||
(a) | Successor Company earnings for the year ended December 31, 2016 were inadequate to cover fixed charges. The coverage deficiency was $4.3 million. |
(b) | Predecessor Company earnings for the year ended December 31, 2015 were inadequate to cover fixed charges. The coverage deficiency was $479.4 million. |
(c) | Predecessor Company earnings for the year ended December 31, 2014 were inadequate to cover fixed charges. The coverage deficiency was $353.1 million. |
(d) | Predecessor Company earnings for the year ended December 31, 2013 were inadequate to cover fixed charges. The coverage deficiency was $95.2 million. |
(e) | Predecessor Company Earnings for the year ended December 31, 2012 were inadequate to cover fixed charges. The coverage deficiency was $84.2 million. |