One energy player that insiders are finding value in here is Goodrich Petroleum ( GDP), which explores, exploits, develops and produces oil and natural gas properties in East Texas and Northwest Louisiana. Insiders are buying this stock into major strength, since shares are up a whopping 130% so far in 2013. >>5 Dividend Stocks That Want to Pay You More Goodrich Petroleum has a market cap of $786 million and an enterprise value of $1.40 billion. This stock trades at a reasonable valuation, with a price-to-sales of 4.48 and a price-to-book of 7.25. Its estimated growth rate for this year is -190%, and for next year it's pegged at 37.9%. This is not a cash-rich company, since the total cash position on its balance sheet is $2.65 million and its total debt is $554.11 million. The chairman of the board just bought 40,000 shares, or about $1 million worth of stock, at $25 per share. Another director also just bought shares 70,000, or about $1.75 million worth of stock, at $25 per share. From a technical perspective, GDP is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been uptrending very strong for the last two months, with shares soaring higher from its low of $11.16 to its recent high of $24 a share. During that uptrend, shares of GDP have been consistently making higher lows and higher highs, which is bullish technical price action. That move now has GDP trending within range of triggering a near-term breakout trade. If you're bullish on GDP, then look for long-biased trades as long as this stock is trending some near-term support levels at $20.10 or above $19, and then once it breaks out above some near-term overhead resistance levels at $23 to its 52-week high at $24.01 a share high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average volume of 1.07 million shares. If that breakout hits, then GDP will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $30 to $33 a share.