NASDAQ:GPOR - Gulfport Energy Stock Price, Forecast & News

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

Gulfport Energy declared that its Board of Directors has approved a stock repurchase program on Tuesday, January 30th 2018, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

Gulfport Energy Co. (NASDAQ:GPOR) released its earnings results on Thursday, October, 31st. The oil and gas producer reported $0.24 EPS for the quarter, beating the consensus estimate of $0.22 by $0.02. The oil and gas producer earned $285.18 million during the quarter, compared to analysts' expectations of $335.10 million. Gulfport Energy had a return on equity of 5.88% and a net margin of 25.83%. Gulfport Energy's quarterly revenue was down 21.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.49 earnings per share. View Gulfport Energy's Earnings History.

Gulfport Energy is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Gulfport Energy.

13 brokers have issued 1 year target prices for Gulfport Energy's stock. Their forecasts range from $3.00 to $14.00. On average, they expect Gulfport Energy's stock price to reach $6.54 in the next year. This suggests a possible upside of 294.2% from the stock's current price. View Analyst Price Targets for Gulfport Energy.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gulfport Energy in the last year. There are currently 3 sell ratings, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Gulfport Energy.

News headlines about GPOR stock have been trending negative this week, according to InfoTrie. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gulfport Energy earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave news stories about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Gulfport Energy.

Gulfport Energy saw a increase in short interest in December. As of December 31st, there was short interest totalling 38,230,000 shares, an increase of 16.3% from the December 15th total of 32,860,000 shares. Based on an average daily volume of 4,760,000 shares, the days-to-cover ratio is presently 8.0 days. Currently, 26.9% of the company's shares are short sold. View Gulfport Energy's Current Options Chain.

Some companies that are related to Gulfport Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS) and EQT (EQT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gulfport Energy investors own include Hawkins (HWKN), Wells Fargo & Co (WFC), CA (CA), Skyworks Solutions (SWKS), Micron Technology (MU), Chesapeake Energy (CHK), Endologix (ELGX), Energy Transfer LP Unit (ET), Chipotle Mexican Grill (CMG) and BlackRock (BLK).

Gulfport Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Shah Capital Management (2.28%), Caymus Capital Partners L.P. (1.27%), 6 Meridian (0.05%), Alpine Global Management LLC (0.03%) and Wedge Capital Management L L P NC (0.02%). Company insiders that own Gulfport Energy stock include Charles Douglas Johnson, David M Wood, Paul D Westerman, Quentin R Hicks, Steve Baldwin and Stuart Maier. View Institutional Ownership Trends for Gulfport Energy.

GPOR stock was sold by a variety of institutional investors in the last quarter, including Shah Capital Management and Wedge Capital Management L L P NC. View Insider Buying and Selling for Gulfport Energy.

GPOR stock was purchased by a variety of institutional investors in the last quarter, including Caymus Capital Partners L.P., Alpine Global Management LLC and 6 Meridian. Company insiders that have bought Gulfport Energy stock in the last two years include Charles Douglas Johnson, David M Wood, Paul D Westerman and Quentin R Hicks. View Insider Buying and Selling for Gulfport Energy.

Shares of GPOR 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, Robinhood, Fidelity and Charles Schwab.

One share of GPOR stock can currently be purchased for approximately $1.66.

Gulfport Energy has a market capitalization of $270.56 million and generates $1.36 billion in revenue each year. The oil and gas producer earns $430.56 million in net income (profit) each year or $1.83 on an earnings per share basis. Gulfport Energy employs 350 workers across the globe.View Additional Information About Gulfport Energy.

The official website for Gulfport Energy is http://www.gulfportenergy.com/.

Gulfport Energy'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]