About Gulfport Energy Corporation (NASDAQ:GPOR)
Gulfport Energy Corporation is an oil and natural gas exploration and production company. The Company focuses on the exploitation and acquisition of natural gas, natural gas liquids and crude oil in the United States. The Company's properties are located in the Utica Shale in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB) and Hackberry fields. The Company also has an interest in producing properties in Northwestern Colorado in the Niobrara Formation and in Western North Dakota in the Bakken Formation. The Company also holds an acreage position in the Alberta oil sands in Canada through its interest in Grizzly Oil Sands ULC and an interest in an entity that operates in the Phu Horm gas field in Thailand. The Company also owns interests in various fields, which includes Deer Island, Fay South, Crest, Squaw Cheek, Green River Basin and Watonga Chickasha Trend.
Industry, Sector and Symbol:
- Industry: Oil & Gas Exploration and Production
- Sub-Industry: Oil & Gas Exploration & Production
- Sector: Oils/Energy
- Symbol: NASDAQ:GPOR
- CUSIP: 40263530
- Web: www.gulfportenergy.com
- Debt-to-Equity Ratio: 0.67%
- Current Ratio: 0.57%
- Quick Ratio: 0.57%
Sales & Book Value:
- Trailing P/E Ratio: 10.15
- Forward P/E Ratio: 9.70
- P/E Growth: 0.32
- Annual Sales: $385.91 million
- Price / Sales: 6.30
- Cash Flow: $2.26 per share
- Price / Cash: 5.88
- Book Value: $16.07 per share
- Price / Book: 0.83
- Trailing EPS: ($0.27)
- Net Income: ($979,700,000.00)
- Net Margins: 3.88%
- Return on Equity: 7.99%
- Return on Assets: 4.32%
- Employees: 241
- Outstanding Shares: 183,080,000
Frequently Asked Questions for Gulfport Energy Corporation (NASDAQ:GPOR)
What is Gulfport Energy Corporation's stock symbol?
Gulfport Energy Corporation trades on the NASDAQ under the ticker symbol "GPOR."
How were Gulfport Energy Corporation's earnings last quarter?
Gulfport Energy Corporation (NASDAQ:GPOR) posted its quarterly earnings results on Wednesday, November, 1st. The oil and gas producer reported $0.32 EPS for the quarter, missing the Zacks' consensus estimate of $0.35 by $0.03. The oil and gas producer earned $265.50 million during the quarter, compared to the consensus estimate of $302.33 million. Gulfport Energy Corporation had a return on equity of 7.99% and a net margin of 3.88%. The company's revenue for the quarter was up 37.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.16 earnings per share. View Gulfport Energy Corporation's Earnings History.
When will Gulfport Energy Corporation make its next earnings announcement?
Where is Gulfport Energy Corporation's stock going? Where will Gulfport Energy Corporation's stock price be in 2017?
24 analysts have issued 12 month price targets for Gulfport Energy Corporation's stock. Their forecasts range from $13.00 to $33.00. On average, they expect Gulfport Energy Corporation's stock price to reach $23.14 in the next twelve months. View Analyst Ratings for Gulfport Energy Corporation.
What are Wall Street analysts saying about Gulfport Energy Corporation stock?
Here are some recent quotes from research analysts about Gulfport Energy Corporation stock:
- 1. According to Zacks Investment Research, "Gulfport Energy owns and operates mature oil and gas properties in the Louisiana Gulf Coast area. The company seeks to achieve reserve growth and increased cash flow from operations through low risk development activities on its existing properties and acquiring additional Louisiana Gulf Coast properties with exploitation and exploration potential. " (10/23/2017)
- 2. Williams Capital analysts commented, "We atribute the well outperformance to its enhanced comple�on designs, which should help validate the upside to the SCOOP acquisi�on, as well as put GPOR in the beat -and-raise camp with a posi�ve rate of change. Management will host its earnings call this morning (May 9th ) at 9:00 AM ET. We reaﬃrm our Buy rating a nd $27 PT. We expect shares to react positive to its initial SCOOP well results. Key Points Flow back on ini�al SCOOP wells outperforming 30%-35%. GPOR recently turned-to-sales its ﬁrst two gross (1.2 net) SCOOP wells, the Vinson 2-22X27H and 3R-22X27H (lateral lengths averaging 8,500 �) located in the wet gas window in Southern Grady County with 24-hour IP rates of 14.9 Mmcfe/d (97.7% nat gas) and 17.2 Mmcfe/d (98.3% nat gas), respec�vely. Moreover, these wells are showcasing an early ﬂow-back outperformance of ~30% to oﬀse�ng wells and by as much as 35% to its SCOOP wet gas type curve. We atribute the well out performance to its enhanced comple�on designs. Speciﬁcally, these wells u�lized 180- foot stage spacing with ~ 2,400 pounds of proppant per foot of lateral. During the summer, GPOR expect to spud a well in the Springer (~38,600 net prospec�ve acres) and Sycamore (40,000 net prospec�ve acres) – stay tuned." (5/9/2017)
- 3. Jefferies Group LLC analysts commented, "GPOR's entry into the SCOOP, diluting its pure-play, dry gas Utica focus, clearly gave investors cause for concern as the stock has underperformed the XOP by 24% since the deal was announced on December 14. However, we still find value in GPOR shares and assume coverage with a Buy rating. We reduce our PT to $22 on a slower long-term development pace in the Utica and a lower gas price assumption than our previous NAV ($3.50 LT vs $4.00 LT previously)." (3/22/2017)
- 4. KLR Group analysts commented, "We are increasing our GPOR target price $1 to $31 per share due to almost 10% lower capital intensity (lower Utica well costs) largely offset by lower liquids composition. Our '17 production expectation of ~1,073 Mmcfepd is at the midpoint of company guidance (1,045-1,100 Mmcfepd)." (2/14/2017)
Are investors shorting Gulfport Energy Corporation?
Gulfport Energy Corporation saw a increase in short interest in October. As of October 13th, there was short interest totalling 8,350,466 shares, an increase of 22.1% from the September 29th total of 6,839,415 shares. Based on an average trading volume of 2,525,451 shares, the days-to-cover ratio is presently 3.3 days. Approximately 5.3% of the company's stock are sold short.
Who are some of Gulfport Energy Corporation's key competitors?
Some companies that are related to Gulfport Energy Corporation include Murphy Oil Corporation (MUR), Range Resources Corporation (RRC), Vermilion Energy (VET), Chesapeake Energy (CHK), Southwestern Energy Company (SWN), Transportadora De Gas Sa Ord B (TGS), Texas Pacific Land Trust (TPL), Kosmos Energy (KOS), Matador Resources Company (MTDR), PDC Energy (PDCE), EXTRACTION O&G (XOG), Magellan Petroleum Corporation (TELL), Tullow Oil plc (TLW), Laredo Petroleum (LPI), Clayton Williams Energy (CWEI), SM Energy Company (SM), Viper Energy Partners LP (VNOM) and Enerplus Corporation (ERF).
Who are Gulfport Energy Corporation's key executives?
Gulfport Energy Corporation's management team includes the folowing people:
- David L. Houston, Independent Chairman of the Board (Age 64)
- Michael G. Moore, President, Chief Executive Officer, Director (Age 60)
- Keri Crowell, Chief Financial Officer, Principal Accounting Officer (Age 42)
- Paul K. Heerwagen IV, Senior Vice President of Corporate Development and Strategy (Age 32)
- Robert Jones, Senior Vice President of Drilling (Age 55)
- Mark Malone, Senior Vice President of Operations (Age 54)
- Ty Peck, Senior Vice President of Midstream and Marketing (Age 40)
- Lester Zitkus, Senior Vice President of Land (Age 51)
- Steve R. Baldwin, Vice President - Reservoir Engineering (Age 63)
- Stuart Maier, Vice President - Geosciences (Age 63)
Who owns Gulfport Energy Corporation stock?
Gulfport Energy Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Janus Henderson Group PLC (3.53%), Dimensional Fund Advisors LP (2.81%), Alyeska Investment Group L.P. (2.47%), Boston Partners (2.30%), Schroder Investment Management Group (1.68%) and Victory Capital Management Inc. (1.65%). Company insiders that own Gulfport Energy Corporation stock include Keri Crowell, Michael G Moore, Steve Baldwin and Stuart Maier. View Institutional Ownership Trends for Gulfport Energy Corporation.
Who sold Gulfport Energy Corporation stock? Who is selling Gulfport Energy Corporation stock?
Gulfport Energy Corporation's stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Point72 Asset Management L.P., KBC Group NV, Schwab Charles Investment Management Inc., King Luther Capital Management Corp, Wedge Capital Management L L P NC, Mayo Investment Advisers LLC and California State Teachers Retirement System. View Insider Buying and Selling for Gulfport Energy Corporation.
Who bought Gulfport Energy Corporation stock? Who is buying Gulfport Energy Corporation stock?
Gulfport Energy Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Dimensional Fund Advisors LP, Janus Henderson Group PLC, Allianz Asset Management GmbH, Oslo Asset Management AS, Hillcrest Asset Management LLC, Ameriprise Financial Inc. and Deltec Asset Management LLC. View Insider Buying and Selling for Gulfport Energy Corporation.
How do I buy Gulfport Energy Corporation stock?
Shares of Gulfport Energy Corporation can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Gulfport Energy Corporation's stock price today?
One share of Gulfport Energy Corporation stock can currently be purchased for approximately $13.29.
How big of a company is Gulfport Energy Corporation?
Gulfport Energy Corporation has a market capitalization of $2.43316 billion and generates $385.91 million in revenue each year. The oil and gas producer earns ($979,700,000.00) in net income (profit) each year or ($0.27) on an earnings per share basis. Gulfport Energy Corporation employs 241 workers across the globe.
How can I contact Gulfport Energy Corporation?
Gulfport Energy Corporation's mailing address is 3001 Quail Springs Parkway, OKLAHOMA CITY OK, 73134. The oil and gas producer can be reached via phone at 405-252-4600 or via email at [email protected]
MarketBeat Community Rating for Gulfport Energy Corporation (NASDAQ GPOR)MarketBeat's community ratings are surveys of what our community members think about Gulfport Energy Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Gulfport Energy Corporation (NASDAQ:GPOR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 3 Hold Ratings, 20 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.79)|
|Consensus Price Target: ||$23.14 (74.09% upside)|
Consensus Price Target History for Gulfport Energy Corporation (NASDAQ:GPOR)
Analysts' Ratings History for Gulfport Energy Corporation (NASDAQ:GPOR)
(Data available from 11/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/24/2017||SunTrust Banks, Inc.||Reiterated Rating||Buy||$25.00||N/A|
|10/23/2017||Williams Capital||Set Price Target||Buy||$18.00||N/A|
|10/19/2017||KeyCorp||Set Price Target||Buy||$18.00||N/A|
|10/18/2017||Morgan Stanley||Boost Price Target||Underweight||$12.00 -> $13.00||N/A|
|10/12/2017||Jefferies Group LLC||Reiterated Rating||Buy||$18.00||N/A|
|9/19/2017||Imperial Capital||Initiated Coverage||Outperform -> Outperform||$19.00||Low|
|9/18/2017||Piper Jaffray Companies||Lower Price Target||Overweight||$21.00 -> $18.00||Low|
|8/14/2017||Stifel Nicolaus||Lower Price Target||Buy||$21.00 -> $18.00||Low|
|7/20/2017||J P Morgan Chase & Co||Downgrade||Overweight -> Neutral||$22.00 -> $17.00||High|
|6/21/2017||Pacific Crest||Reiterated Rating||Overweight||$28.00||Medium|
|6/2/2017||Royal Bank Of Canada||Set Price Target||Buy||$25.00||Low|
|5/31/2017||Iberia Capital||Reiterated Rating||Outperform||$26.00||Medium|
|5/17/2017||KLR Group||Reiterated Rating||Buy||$23.00 -> $22.00||Medium|
|4/22/2017||Barclays PLC||Reiterated Rating||Overweight||$30.00 -> $28.00||Low|
|3/22/2017||Goldman Sachs Group, Inc. (The)||Downgrade||Buy -> Neutral||$31.00 -> $21.00||Low|
|3/7/2017||Deutsche Bank AG||Lower Price Target||Hold||$27.00 -> $24.00||N/A|
|2/10/2017||Canaccord Genuity||Set Price Target||Buy||$33.00||N/A|
|2/5/2017||Credit Suisse Group||Reiterated Rating||Buy||$33.00||N/A|
|1/19/2017||Johnson Rice||Reiterated Rating||Buy||N/A|
|12/19/2016||Stephens||Upgrade||Equal Weight -> Overweight||$29.00||N/A|
|12/19/2016||Guggenheim||Upgrade||Neutral -> Buy||$30.00||N/A|
|10/24/2016||Tudor Pickering||Downgrade||Buy -> Hold||N/A|
|9/28/2016||GMP Securities||Initiated Coverage||Hold||$24.00||N/A|
|7/6/2016||Wells Fargo & Company||Reiterated Rating||Outperform||N/A|
|6/27/2016||Wunderlich||Boost Price Target||Buy||$35.00 -> $40.00||N/A|
|5/16/2016||Sterne Agee CRT||Reiterated Rating||Buy||N/A|
|5/6/2016||Howard Weil||Boost Price Target||Sector Outperform||$33.00 -> $34.00||N/A|
|4/5/2016||Alembic Global Advisors||Downgrade||Overweight -> Neutral||N/A|
|3/10/2016||Topeka Capital Markets||Lower Price Target||Buy||$38.00 -> $36.00||N/A|
|2/23/2016||EuroPacific Canada||Reiterated Rating||Neutral||N/A|
|2/22/2016||Eurobank EFG||Downgrade||Buy -> Neutral||N/A|
|2/2/2016||Seaport Global Securities||Downgrade||Buy -> Neutral||N/A|
|12/3/2015||Susquehanna Bancshares Inc||Lower Price Target||Positive||$40.00 -> $35.00||N/A|
Earnings History and Estimates Chart for Gulfport Energy Corporation (NASDAQ:GPOR)
Earnings History by Quarter for Gulfport Energy Corporation (NASDAQ GPOR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/1/2017||Q3 2017||$0.35||$0.32||$302.33 million||$265.50 million||View||N/A|
|8/8/2017||Q2 2017||$0.25||$0.33||$279.59 million||$323.90 million||View||Listen|
|5/8/2017||Q1 2017||$0.18||$0.32||$224.93 million||$333.00 million||View||Listen|
|2/13/2017||Q416||$0.22||$0.34||$197.91 million||$202.70 million||View||N/A|
|11/2/2016||Q316||$0.10||$0.16||$170.57 million||$193.70 million||View||N/A|
|8/3/2016||Q2||$0.13||$0.24||$163.10 million||$170.50 million||View||N/A|
|5/4/2016||Q1||$0.09||$0.14||$161.76 million||$156.96 million||View||N/A|
|2/17/2016||Q4||($0.11)||($0.01)||$161.01 million||$190.30 million||View||Listen|
|11/4/2015||Q3||($0.18)||($0.08)||$163.48 million||$230.57 million||View||N/A|
|5/5/2015||Q115||($0.09)||($0.08)||$143.90 million||$144.80 million||View||N/A|
|2/25/2015||Q414||$0.02||$0.12||$170.75 million||$267.70 million||View||N/A|
|11/5/2014||Q314||$0.06||$0.13||$146.60 million||$170.00 million||View||N/A|
|8/6/2014||Q214||$0.17||$0.07||$121.19 million||$114.76 million||View||N/A|
|5/7/2014||Q114||$0.21||$0.20||$123.63 million||$118.00 million||View||N/A|
|11/5/2013||Q313||$0.13||$0.14||$81.27 million||$69.25 million||View||N/A|
|8/6/2013||Q2 2013||$0.14||$0.56||$66.12 million||$70.43 million||View||N/A|
|5/7/2013||Q1 2013||$0.14||$0.10||$57.99 million||$55.00 million||View||N/A|
|2/26/2013||Q4 2012||$0.18||$0.34||$57.08 million||$56.60 million||View||N/A|
|11/6/2012||Q312||$0.38||$0.28||$63.49 million||$60.54 million||View||N/A|
Earnings Estimates for Gulfport Energy Corporation (NASDAQ:GPOR)
2017 EPS Consensus Estimate: $1.15
2018 EPS Consensus Estimate: $1.38
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Gulfport Energy Corporation (NASDAQ:GPOR)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Gulfport Energy Corporation (NASDAQ GPOR)
Insider Ownership Percentage: 0.31%
Institutional Ownership Percentage: 84.80%
Insider Trades by Quarter for Gulfport Energy Corporation (NASDAQ GPOR)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/22/2016||Steve Baldwin||VP||Sell||566||$27.00||$15,282.00|| |
|6/20/2016||Stuart Maier||VP||Sell||10,000||$33.35||$333,500.00|| |
|6/15/2016||Michael G Moore||CEO||Sell||20,000||$32.95||$659,000.00|| |
|6/7/2016||Steve Baldwin||VP||Sell||10,000||$32.00||$320,000.00|| |
|4/12/2016||Keri Crowell||CAO||Sell||3,000||$30.00||$90,000.00|| |
|4/12/2016||Steve Baldwin||VP||Sell||4,000||$30.00||$120,000.00|| |
|3/23/2016||Keri Crowell||CAO||Sell||3,000||$28.38||$85,140.00|| |
|3/23/2016||Michael G Moore||CEO||Sell||22,500||$28.38||$638,550.00|| |
|6/19/2015||Stuart Maier||VP||Sell||10,045||$42.62||$428,117.90|| |
|6/11/2015||Ben T Morris||Director||Buy||1,000||$44.31||$44,310.00|| |
|3/18/2015||Steve Baldwin||VP||Sell||5,000||$46.50||$232,500.00|| |
|12/17/2014||Ross Kirtley||COO||Sell||3,399||$41.09||$139,664.91|| |
|12/17/2014||Steve Baldwin||VP||Sell||4,500||$40.00||$180,000.00|| |
|12/16/2014||Stuart Maier||VP||Sell||6,700||$40.00||$268,000.00|| |
|11/26/2014||Benjamin T Morris||Director||Buy||1,000||$52.07||$52,070.00|| |
|8/29/2014||Donald L Dillingham||Director||Sell||2,000||$58.56||$117,120.00|| |
|8/21/2014||Craig Groeschel||Director||Sell||2,000||$57.12||$114,240.00|| |
|6/20/2014||Stuart Maier||VP||Sell||2,000||$65.00||$130,000.00|| |
|6/18/2014||Steve Baldwin||VP||Sell||2,000||$65.02||$130,040.00|| |
|3/20/2014||Scott Streller||Director||Sell||2,000||$67.18||$134,360.00|| |
|6/18/2013||Michael G Moore||CFO||Sell||12,500||$51.33||$641,625.00|| |
|5/28/2013||James D Palm||CEO||Sell||125,000||$49.50||$6,187,500.00|| |
|5/21/2013||Michael G Moore||CFO||Sell||11,809||$51.00||$602,259.00|| |
|5/16/2013||Donald L Dillingham||Director||Sell||2,250||$49.12||$110,520.00|| |
Latest Headlines for Gulfport Energy Corporation (NASDAQ GPOR)
Gulfport Energy Corporation (NASDAQ GPOR) Chart for Sunday, November, 19, 2017