About Gastar Exploration (NYSEAMERICAN:GST)
Gastar Exploration Ltd (Gastar) is an independent energy company engaged in the exploration, development and production of natural gas and oil in the United States. The Company's principal business activities include the identification, acquisition, and subsequent exploration and development of natural gas and oil properties with an emphasis on unconventional reserves, such as shale resource plays. As of December 31, 2011, it is pursuing the development of liquids-rich natural gas in the Marcellus Shale in the Appalachia area of West Virginia and, to a lesser extent, central and southwestern Pennsylvania. The Company also holds prospective acreage in the deep Bossier play in the Hilltop area of East Texas and conduct limited coal bed methane (CBM) development activities within the Powder River Basin of Wyoming and Montana. The Company is a holding company.
Industry, Sector and Symbol:
- Industry: Oil Gas & Consumable Fuels
- Sub-Industry: Oil & Gas Exploration & Production
- Sector: Oils/Energy
- Symbol: NYSEAMERICAN:GST
- Previous Symbol: NYSEMKT:GST
- CUSIP: 36729920
- Web: www.gastar.com
- Outstanding Shares: 218,940,000
Frequently Asked Questions for Gastar Exploration (NYSEAMERICAN:GST)
What is Gastar Exploration's stock symbol?
Gastar Exploration trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "GST."
How will Gastar Exploration's stock buyback program work?
Gastar Exploration announced that its Board of Directors has authorized a share buyback plan on Wednesday, November 15th 2017, which permits the company to repurchase $9,800,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 7.7% of its stock through a private placement purchase. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.
How were Gastar Exploration's earnings last quarter?
Gastar Exploration Inc (NYSEAMERICAN:GST) posted its earnings results on Wednesday, November, 8th. The energy company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.02. The energy company earned $15.30 million during the quarter, compared to the consensus estimate of $20.06 million. The firm's quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.08) EPS. View Gastar Exploration's Earnings History.
When will Gastar Exploration make its next earnings announcement?
Where is Gastar Exploration's stock going? Where will Gastar Exploration's stock price be in 2017?
7 Wall Street analysts have issued twelve-month price objectives for Gastar Exploration's stock. Their predictions range from $1.00 to $2.50. On average, they expect Gastar Exploration's stock price to reach $1.54 in the next year. View Analyst Ratings for Gastar Exploration.
Are investors shorting Gastar Exploration?
Gastar Exploration saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 21,392,284 shares, a decrease of 5.4% from the October 13th total of 22,619,776 shares. Based on an average daily trading volume, of 913,048 shares, the days-to-cover ratio is presently 23.4 days. Approximately 10.9% of the shares of the company are short sold.
Who are some of Gastar Exploration's key competitors?
Some companies that are related to Gastar Exploration include Amerisur Resources PLC (ASUXF), SilverBow Resources (SBOW), Gulf Island Fabrication (GIFI), Key Energy Services (KEG), Independence Contract Drilling (ICD), North American Energy Partners (NOA), Eco-Stim Energy Solutions (ESES), Lonestar Resources US (LONE), Sundance Energy Australia (SNDE), Sundance Energy Australia (SDCJF), Wentworth Resources Limited (WENTF), Rhino Resource Partners LP (RHNO), Superior Drilling Products (SDPI), Vantage Drilling (VTGDF), SAExploration Holdings (SAEX), Real Goods Solar (RGSE), Deep Down (DPDW) and Pacific Drilling SA (PACDQ).
How do I buy Gastar Exploration stock?
Shares of Gastar Exploration 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, Scottrade, Fidelity and Charles Schwab.
What is Gastar Exploration's stock price today?
One share of Gastar Exploration stock can currently be purchased for approximately $0.85.
How big of a company is Gastar Exploration?
Gastar Exploration has a market capitalization of $178.66 million.
MarketBeat Community Rating for Gastar Exploration (NYSEAMERICAN 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.
Analysts' Consensus Rating for Gastar Exploration (NYSEAMERICAN:GST) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 5 Hold Ratings, 2 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.29)|
|Consensus Price Target: ||$1.54|
Consensus Price Target History for Gastar Exploration (NYSEAMERICAN:GST)
Analysts' Ratings History for Gastar Exploration (NYSEAMERICAN:GST)
(Data available from 11/18/2015 forward)
|9/19/2017||Imperial Capital||Reiterated Rating||In-Line|
|8/4/2017||Williams Capital||Set Price Target||Hold||$1.00|
|6/21/2017||Seaport Global Securities||Downgrade||Buy -> Neutral|
|3/10/2017||FBR & Co||Reiterated Rating||Market Perform||$1.50|
|4/23/2017||EuroPacific Canada||Reiterated Rating||Buy||$2.25|
|3/22/2017||Canaccord Genuity||Set Price Target||Buy||$2.50|
|10/19/2016||Wells Fargo & Company||Reiterated Rating||Market Perform|
|10/26/2016||Iberia Capital||Reiterated Rating||Sector Perform|
|10/20/2016||Johnson Rice||Initiated Coverage||Buy|
|5/17/2016||SunTrust Banks, Inc.||Downgrade||Neutral -> Reduce|
|5/6/2016||Topeka Capital Markets||Downgrade||Buy -> Hold||$2.00|
|2/3/2016||GMP Securities||Initiated Coverage||Buy||$2.00|
|1/22/2016||Sterne Agee CRT||Reiterated Rating||Neutral|
Earnings History and Estimates Chart for Gastar Exploration (NYSEAMERICAN:GST)
Earnings History by Quarter for Gastar Exploration (NYSEAMERICAN GST)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/8/2018|| || || || || || || || |
|11/8/2017||Q3 2017||($0.03)||($0.05)||$20.06 million||$15.30 million||View||N/A|
|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|
|3/9/2017||Q4 2016||($0.06)||($0.06)||$17.45 million||$18.20 million||View||Listen|
|8/4/2016||Q216||($0.11)||($0.12)||$13.75 million||$12.20 million||View||N/A|
|5/5/2016||Q116||($0.18)||($0.22)||$17.02 million||$14.80 million||View||N/A|
|3/10/2016||Q415||($0.14)||($0.16)||$24.53 million||$22.61 million||View||Listen|
|11/9/2015||Q315||($0.14)||($0.18)||$29.21 million||$28.39 million||View||N/A|
|8/7/2015||Q215||($0.07)||($0.13)||$31.63 million||$21.93 million||View||N/A|
|5/7/2015||Q115||($0.06)||($0.09)||$28.90 million||$34.40 million||View||N/A|
|3/12/2015||Q414||$0.05||$0.02||$38.50 million||$33.10 million||View||N/A|
|11/6/2014||Q314||$0.03||$0.03||$34.90 million||$41.74 million||View||N/A|
|8/7/2014||Q214||$0.02||$0.03||$33.18 million||$35.90 million||View||N/A|
|5/8/2014||Q114||$0.04||$0.02||$32.24 million||$32.33 million||View||N/A|
|3/13/2014||Q413||$0.06||$0.01||$26.91 million||$26.74 million||View||N/A|
|11/4/2013||Q213||$0.07||$0.03||$26.06 million||$23.84 million||View||N/A|
|8/5/2013||Q2 2013||$0.09||$0.05||$24.62 million||$30.93 million||View||N/A|
|5/2/2013||Q1 2013||$0.03||$0.09||$16.81 million||$11.30 million||View||N/A|
|3/11/2013||Q4 2012||$0.03||$0.07||$18.85 million||$17.42 million||View||N/A|
Earnings Estimates for Gastar Exploration (NYSEAMERICAN:GST)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for Gastar Exploration (NYSEAMERICAN:GST)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Gastar Exploration (NYSEAMERICAN GST)
Insider Trades by Quarter for Gastar Exploration (NYSEAMERICAN 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|| |
|2/24/2016||Undervalued Securities Global||Insider||Sell||149,519||$0.77||$115,129.63|| |
|2/22/2016||Undervalued Securities Global||Insider||Sell||50,000||$0.99||$49,500.00|| |
|1/13/2016||Undervalued Securities Global||major shareholder||Buy||658,550||$1.11||$730,990.50|| |
|1/12/2016||Undervalued Securities Global||major shareholder||Buy||241,450||$0.99||$239,035.50|| |
|1/11/2016||Undervalued Securities Global||major shareholder||Buy||411,770||$1.04||$428,240.80|| |
|4/1/2015||Michael A Gerlich||CFO||Sell||60,000||$2.65||$159,000.00|| |
|3/31/2015||J Russell Porter||CEO||Sell||50,000||$2.64||$132,000.00|| |
|3/23/2015||John Michael Sr Selser Sr||Director||Sell||20,000||$2.63||$52,600.00|| |
|1/20/2015||John Michael Sr Selser Sr||Director||Sell||6,032||$18.36||$110,747.52|| |
|1/16/2015||John Michael Sr Selser Sr||Director||Sell||15,500||$20.75||$321,625.00|| |
|12/29/2014||Jerry R Schuyler||Director||Sell||14,000||$2.54||$35,560.00|| |
|12/5/2014||John Michael Sr Selser Sr||Director||Buy||1,000||$21.75||$21,750.00|| |
|12/2/2014||Michael Mccown||COO||Buy||4,800||$8.24||$39,552.00|| |
|12/1/2014||Stephen A Holditch||Director||Buy||10,000||$2.86||$28,600.00|| |
|11/28/2014||J Russell Porter||CEO||Buy||30,900||$3.13||$96,717.00|| |
|11/12/2014||Stephen A Holditch||Director||Buy||6,000||$4.18||$25,080.00|| |
|9/24/2014||Michael A Gerlich||CFO||Buy||5,000||$6.25||$31,250.00|| |
|9/11/2014||Stephen A Holditch||Director||Buy||7,500||$7.30||$54,750.00|| |
|7/5/2013||John Michael Sr Selser Sr||Director||Buy||10,000||$2.90||$29,000.00|| |
Headline Trends for Gastar Exploration (NYSEAMERICAN:GST)
Latest Headlines for Gastar Exploration (NYSEAMERICAN GST)
Gastar Exploration (NYSEAMERICAN GST) Chart for Saturday, November, 18, 2017