About Gastar Exploration (NYSE:GST)
Gastar Exploration Inc., an independent energy company, engages in the exploration, development, and production of oil, condensate, natural gas, and natural gas liquids in the United States. Its principal activities include the identification, acquisition, exploration, and development of oil and natural gas properties on unconventional reserves, such as shale resource plays. The company holds interests in the oil and natural gas-rich reservoirs, including the Meramec and Osage, the Oswego limestone, the Woodford shale, and Hunton limestone formations. As of December 31, 2016, its principal assets included the STACK play covering approximately 83,800 net acres located in the Mid-Continent area of the United States, as well as approximately 14,500 net acres in the Appalachian Basin in West Virginia. The company was formerly known as Gastar Exploration Ltd. and changed its name to Gastar Exploration Inc. in January 2014. Gastar Exploration Inc. is based in Houston, Texas.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Independent Oil & Gas
- Sub-Industry: N/A
- Symbol: NYSE:GST
- CUSIP: N/A
- Web: www.gastar.com
- Market Cap: $141.68 million
- Outstanding Shares: 199,547,000
- 50 Day Moving Avg: $0.71
- 200 Day Moving Avg: $0.97
- 52 Week Range: $0.38 - $2.19
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -4.73
- P/E Growth: -1.03
- Annual Revenue: $64.5 million
- Price / Sales: 2.20
- Book Value: ($0.05) per share
- Price / Book: -14.20
- Average Volume: 1.79 million shs.
- Short Ratio: 8.12
Frequently Asked Questions for Gastar Exploration (NYSE:GST)
What is Gastar Exploration's stock symbol?
Gastar Exploration trades on the New York Stock Exchange (NYSE) under the ticker symbol "GST."
How will Gastar Exploration's stock buyback program work?
Gastar Exploration announced that its board has approved a stock repurchase program on Sunday, June 4th 2017, which authorizes the company to repurchase $9,800,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 7.7% of its stock through a private placement purchase. Stock repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.
How were Gastar Exploration's earnings last quarter?
Gastar Exploration Inc (NYSE:GST) announced its quarterly earnings data on Thursday, August, 3rd. The company reported ($0.05) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by $0.01. The business had revenue of $22.60 million for the quarter, compared to analysts' expectations of $18.78 million. The company's quarterly revenue was up 85.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.12) earnings per share. View Gastar Exploration's Earnings History.
Where is Gastar Exploration's stock going? Where will Gastar Exploration's stock price be in 2017?
5 equities research analysts have issued 12 month price objectives for Gastar Exploration's stock. Their predictions range from $1.00 to $2.50. On average, they expect Gastar Exploration's share price to reach $1.40 in the next year. View Analyst Ratings for Gastar Exploration.
Are investors shorting Gastar Exploration?
Gastar Exploration saw a drop in short interest during the month of September. As of September 29th, there was short interest totalling 23,454,807 shares, a drop of 3.2% from the September 15th total of 24,239,974 shares. Based on an average daily volume of 1,217,173 shares, the days-to-cover ratio is presently 19.3 days. Currently, 11.9% of the company's stock are sold short.
Who are some of Gastar Exploration's key competitors?
Some companies that are related to Gastar Exploration include SilverBow Resources (SBOW), CRH Medical Corp (CRH), GMP Capital (GMP), Delphi Energy Corp. (DEE), Pine Cliff Energy Ltd (PNE), Xtreme Drilling Corp (XDC), Bellatrix Exploration Ltd (BXE), TransGlobe Energy (TGL), Oryx Petroleum Co. Ltd (OXC), San Leon Energy Plc (SLE), Journey Energy (JOY), Goodrich Petroleum Corp (GDP), RMP Energy (RMP), Chinook Energy (CKE), Perpetual Energy (PMT), TransAtlantic Petroleum Ltd (TNP), Cequence Energy Ltd (CQE) and Touchstone Exploration (TXP).
How do I buy Gastar Exploration stock?
Shares of Gastar Exploration can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Gastar Exploration's stock price today?
MarketBeat Community Rating for Gastar Exploration (NYSE GST)MarketBeat's community ratings are surveys of what our community members think about Gastar Exploration 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.
One share of Gastar Exploration stock can currently be purchased for approximately $0.71.
Consensus Ratings for Gastar Exploration (NYSE:GST) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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: ||4 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.20)|
|Consensus Price Target: ||$1.40 (97.18% upside)|Consensus Price Target History for Gastar Exploration (NYSE:GST)
Analysts' Ratings History for Gastar Exploration (NYSE:GST)
(Data available from 10/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/19/2017||Imperial Capital||Initiated Coverage||In -> In-Line||$1.00||Medium|
|8/4/2017||Williams Capital||Set Price Target||Hold||$1.00||High|
|6/21/2017||Seaport Global Securities||Downgrade||Buy -> Neutral||$3.00 -> $1.00||High|
|3/22/2017||Canaccord Genuity||Set Price Target||Buy||$2.50||N/A|
|3/11/2017||FBR & Co||Set Price Target||Hold||$1.50||N/A|
Earnings History for Gastar Exploration (NYSE:GST)Earnings History by Quarter for Gastar Exploration (NYSE GST)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/3/2017||Q2 2017||($0.04)||($0.05)||$18.78 million||$22.60 million||View||Listen|
|5/10/2017||Q1 2017||($0.05)||($0.06)||$17.28 million||$18.70 million||View||N/A|
Earnings Estimates for Gastar Exploration (NYSE:GST)
Current Year EPS Consensus Estimate: $-0.17 EPS
Next Year EPS Consensus Estimate: $-0.15 EPS
Dividend History for Gastar Exploration (NYSE:GST)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Gastar Exploration (NYSE:GST)Insider Trades by Quarter for Gastar Exploration (NYSE:GST)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/23/2017||Ares Management Llc||Director||Buy||514,227||$1.23||$632,499.21|| |
|5/22/2017||Ares Management Llc||Director||Buy||1,333,035||$1.16||$1,546,320.60|| |
|5/2/2017||Ares Management Llc||Director||Buy||25,456,521||$1.47||$37,421,085.87|| |
Headline Trends for Gastar Exploration (NYSE:GST)
Latest Headlines for Gastar Exploration (NYSE:GST)
|Gastar Exploration Inc (GST) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - October 14 at 2:38 AM
|Gastar Exploration Inc (GST) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - October 13 at 10:10 PM
|Gastar Exploration Inc (GST) Sees Significant Decline in Short Interest|
www.americanbankingnews.com - October 11 at 1:50 AM
|Gastar Exploration Inc (GST) Raised to Hold at Zacks Investment Research|
www.americanbankingnews.com - October 4 at 9:50 PM
| Brokerages Expect Gastar Exploration Inc (GST) Will Announce Quarterly Sales of $20.13 Million|
www.americanbankingnews.com - October 1 at 7:56 AM
|Gastar Exploration Inc (GST) Coverage Initiated by Analysts at Imperial Capital|
www.americanbankingnews.com - September 24 at 1:32 PM
|Critical Comparison: Midstates Petroleum (MPO) vs. Gastar Exploration (GST)|
www.americanbankingnews.com - September 23 at 8:30 PM
|Goodrich Petroleum Corp (GDP) vs. Gastar Exploration (GST) Head-To-Head Analysis|
www.americanbankingnews.com - September 22 at 10:32 AM
|Gastar Exploration Inc (GST) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - September 19 at 8:52 AM
|Short Interest in Gastar Exploration Inc (GST) Drops By 2.9%|
www.americanbankingnews.com - September 12 at 6:34 PM
| Brokerages Anticipate Gastar Exploration Inc (GST) Will Post Quarterly Sales of $20.10 Million|
www.americanbankingnews.com - September 12 at 6:08 AM
|Analyzing Bonanza Creek Energy (BCEI) & Gastar Exploration (GST)|
www.americanbankingnews.com - September 8 at 12:30 PM
| Gastar Exploration Inc (GST) Given $0.92 Consensus Price Target by Analysts|
www.americanbankingnews.com - September 7 at 4:28 AM
| Gastar Exploration Inc (GST) Given $0.92 Consensus Target Price by Brokerages|
www.americanbankingnews.com - September 2 at 12:34 PM
| Gastar Exploration Inc (GST) Given Consensus Recommendation of "" by Analysts|
www.americanbankingnews.com - August 29 at 2:50 PM
|Gastar Exploration Inc (GST) Sees Large Growth in Short Interest|
www.americanbankingnews.com - August 24 at 6:24 PM
| Gastar Exploration Inc (GST) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - August 24 at 12:20 AM
| Analysts Expect Gastar Exploration Inc (GST) Will Post Earnings of -$0.04 Per Share|
www.americanbankingnews.com - August 23 at 12:10 AM
|Short Interest in Gastar Exploration Inc (NYSE:GST) Expands By 0.4%|
www.americanbankingnews.com - August 9 at 7:26 PM
|Gastar Exploration Inc (NYSE:GST) PT Set at $1.00 by Williams Capital|
www.americanbankingnews.com - August 6 at 10:26 PM
|$19.66 Million in Sales Expected for Gastar Exploration Inc (GST) This Quarter|
www.americanbankingnews.com - August 6 at 7:10 AM
|-$0.03 Earnings Per Share Expected for Gastar Exploration Inc (GST) This Quarter|
www.americanbankingnews.com - August 4 at 8:28 PM
|Gastar Exploration Inc (NYSE:GST) Announces Earnings Results|
www.americanbankingnews.com - August 4 at 7:30 PM
|Gastar Exploration Inc (GST) Sees Significant Increase in Short Interest|
www.americanbankingnews.com - July 25 at 6:45 PM
|Gastar Exploration Inc (GST) Short Interest Up 51.1% in June|
www.americanbankingnews.com - July 12 at 6:24 PM
|GASTAR EXPLORATION INC. Files SEC form 8-K, Other Events|
biz.yahoo.com - May 23 at 4:32 PM
|GASTAR EXPLORATION INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Material Modification to Righ|
biz.yahoo.com - May 16 at 6:58 PM
|Gastar Exploration Prices Upsized Offering AT $0.95 A Share|
feeds.benzinga.com - May 12 at 11:13 AM
|Gastar Exploration to launch 40M-share offering|
seekingalpha.com - May 11 at 5:03 PM
|GASTAR EXPLORATION INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits|
biz.yahoo.com - May 11 at 4:25 PM
|GASTAR EXPLORATION INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E|
biz.yahoo.com - May 5 at 5:08 PM
|GASTAR EXPLORATION INC. Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - May 5 at 4:38 PM
|GASTAR EXPLORATION INC. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Regulation FD Disclos|
biz.yahoo.com - April 14 at 4:58 PM
|GASTAR EXPLORATION INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure, Fin|
biz.yahoo.com - March 30 at 2:39 PM
|Gastar Exploration Stock Sees Short Interest Decline 22.2%|
www.thestreet.com - March 28 at 7:16 PM
|GASTAR EXPLORATION INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Results of Operations and Fin|
biz.yahoo.com - February 24 at 6:27 AM
Gastar Exploration (GST) Chart for Tuesday, October, 17, 2017