Gulfport Energy Company Profile (NASDAQ:GPOR)

Gulfport Energy trades on the NASDAQ under the ticker symbol "GPOR."

Gulfport Energy Co. (NASDAQ:GPOR) announced its quarterly earnings data on Monday, May, 8th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.14. The business earned $333 million during the quarter, compared to the consensus estimate of $224.93 million. The firm's revenue for the quarter was up 112.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.14 EPS. View Gulfport Energy's Earnings History.

24 analysts have issued 12-month price objectives for Gulfport Energy's stock. Their forecasts range from $20.00 to $40.00. On average, they anticipate Gulfport Energy's share price to reach $29.70 in the next year. View Analyst Ratings for Gulfport Energy.

Here are some recent quotes from research analysts about Gulfport Energy stock:

• 1. 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)
• 2. 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)
• 3. 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)
• 4. 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. " (2/3/2017)

Some companies that are related to Gulfport Energy include Energen (EGN), Crescent Point Energy (CPG), National Fuel Gas (NFG), Chesapeake Energy (CHK), WPX Energy (WPX), Murphy Oil (MUR), Rice Energy (RICE), CONSOL Energy (CNX), PDC Energy (PDCE), Southwestern Energy Company (SWN), Black Stone Minerals LP (BSM), Laredo Petroleum (LPI), Kosmos Energy Ltd (KOS), Rice Midstream Partners LP (RMP), Oasis Petroleum (OAS), Callon Petroleum Company (CPE), Matador Resources Co (MTDR) and Ultra Petroleum Corp. (UPL).

Gulfport Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include GOLDBERG ALAN E (13.10%), BlackRock Inc. (14.22%), Vanguard Group Inc. (7.86%), Boston Partners (7.60%), State Street Corp (3.54%) and Snow Capital Management LP (2.00%). Company insiders that own Gulfport Energy stock include Ben T Morris, Keri Crowell, Michael G Moore, Steve Baldwin and Stuart Maier. View Institutional Ownership Trends for Gulfport Energy.

Gulfport Energy's stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Alliancebernstein L.P., Boston Partners, Neuberger Berman Group LLC, UBS Asset Management Americas Inc., American Century Companies Inc., Cobalt Capital Management Inc. and Atlantic Trust Group LLC. Company insiders that have sold Gulfport Energy stock in the last year include Michael G Moore, Steve Baldwin and Stuart Maier. View Insider Buying and Selling for Gulfport Energy.

Gulfport Energy's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Snow Capital Management LP, Point72 Asset Management L.P., State Street Corp, Schroder Investment Management Group, Scout Investments Inc., Bank of America Corp DE and Vanguard Group Inc.. View Insider Buying and Selling for Gulfport Energy.

Shares of Gulfport Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Gulfport Energy stock can currently be purchased for approximately $15.20.