Gulfport Energy Corporation Company Profile (NASDAQ:GPOR)

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

Gulfport Energy Corporation (NASDAQ:GPOR) released its earnings results on Tuesday, August, 8th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.25 by $0.08. The company had revenue of $323.90 million for the quarter, compared to analysts' expectations of $279.59 million. Gulfport Energy Corporation had a positive return on equity of 7.42% and a negative net margin of 15.02%. The firm's quarterly revenue was up 1052.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.24 EPS. View Gulfport Energy Corporation's Earnings History.

Gulfport Energy Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Gulfport Energy Corporation.

25 brokerages have issued 1 year target prices for Gulfport Energy Corporation's stock. Their predictions range from $17.00 to $35.00. On average, they expect Gulfport Energy Corporation's stock price to reach $26.05 in the next year. View Analyst Ratings for Gulfport Energy Corporation.

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. " (7/26/2017)
• 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)

Some companies that are related to Gulfport Energy Corporation include Range Resources Corporation (RRC), Murphy Oil Corporation (MUR), WPX Energy (WPX), Vermilion Energy (VET), Chesapeake Energy Corporation (CHK), Texas Pacific Land Trust (TPL), Laredo Petroleum (LPI), Transportadora De Gas Sa Ord B (TGS), Kosmos Energy (KOS), Southwestern Energy Company (SWN), PDC Energy (PDCE), Matador Resources Company (MTDR), Enerplus Corporation (ERF), Callon Petroleum Company (CPE), Tullow Oil plc (TLW), Magellan Petroleum Corporation (TELL), Viper Energy Partners LP (VNOM) and Black Stone Minerals, L.P. (BSM).

Gulfport Energy Corporation's management team includes the folowing people:

• David L. Houston, Independent Chairman of the Board
• Michael G. Moore, President, Chief Executive Officer, Director
• Keri Crowell, Chief Financial Officer, Principal Accounting Officer
• Paul K. Heerwagen IV, Senior Vice President of Corporate Development and Strategy
• Robert Jones, Senior Vice President of Drilling
• Mark Malone, Senior Vice President of Operations
• Ty Peck, Senior Vice President of Midstream and Marketing
• Lester Zitkus, Senior Vice President of Land
• Steve R. Baldwin, Vice President - Reservoir Engineering
• Stuart Maier, Vice President - Geosciences

Gulfport Energy Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.17%), Vanguard Group Inc. (7.26%), Boston Partners (6.85%), State Street Corp (4.07%), Janus Henderson Group PLC (2.88%) and UBS Oconnor LLC (2.41%). 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.

Gulfport Energy Corporation's stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Teachers Retirement System of The State of Kentucky, TimesSquare Capital Management LLC, Ameriprise Financial Inc., Retirement Systems of Alabama, FMR LLC, Schroder Investment Management Group and KBC Group NV. View Insider Buying and Selling for Gulfport Energy Corporation.

Gulfport Energy Corporation's stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Dimensional Fund Advisors LP, Kingdon Capital Management L.L.C., State Street Corp, Oslo Asset Management AS, Vanguard Group Inc., California Public Employees Retirement System and Boston Partners. View Insider Buying and Selling for Gulfport Energy Corporation.

Shares of Gulfport Energy Corporation 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 Corporation stock can currently be purchased for approximately $12.17.