Gulfport Energy Company Profile (NASDAQ:GPOR)

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

Gulfport Energy Co. (NASDAQ:GPOR) released its earnings results 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 firm earned $333 million during the quarter, compared to the consensus estimate of $224.93 million. Gulfport Energy had a net margin of 46.38% and a return on equity of 24.85%. Gulfport Energy's revenue was up 112.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 earnings per share. View Gulfport Energy's Earnings History.

25 brokers have issued 1 year price targets for Gulfport Energy's stock. Their forecasts range from $17.00 to $40.00. On average, they anticipate Gulfport Energy's stock price to reach $27.14 in the next year. View Analyst Ratings for Gulfport Energy.

Here are some recent quotes from research analysts about Gulfport Energy 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. " (7/12/2017)
• 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 include Murphy Oil Corporation (MUR), Chesapeake Energy Corporation (CHK), WPX Energy (WPX), Vermilion Energy (VET), Black Stone Minerals LP (BSM), Laredo Petroleum (LPI), Southwestern Energy Company (SWN), PDC Energy (PDCE), Kosmos Energy (KOS), Transportadora De Gas Sa Ord B (TGS), Matador Resources Company (MTDR), Callon Petroleum Company (CPE), Enerplus Corporation (ERF), SM Energy Company (SM), Whiting Petroleum Corporation (WLL), Magellan Petroleum Corporation (TELL), Viper Energy Partners LP (VNOM) and SRC Energy (SRCI).

Gulfport Energy'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
• J. Ross Kirtley, Chief Operating 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

Gulfport Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.23%), State Treasurer State of Michigan (0.04%), Bank of Montreal Can (0.03%), US Bancorp DE (0.03%), Oregon Public Employees Retirement Fund (0.03%) and Gradient Investments LLC (0.03%). Company insiders that own Gulfport Energy stock include 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 Bank of Montreal Can and Oakbrook Investments LLC. View Insider Buying and Selling for Gulfport Energy.

Gulfport Energy's stock was acquired by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Gradient Investments LLC, Aperio Group LLC, LS Investment Advisors LLC, Oregon Public Employees Retirement Fund, US Bancorp DE, Louisiana State Employees Retirement System and State Treasurer State of Michigan. 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 $13.22.