News stories about Gulfport Energy (NASDAQ:GPOR) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Gulfport Energy earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news stories about the oil and gas producer an impact score of 46.9534791214422 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news articles that may have effected Accern’s rankings:
- Casino vacatures enschede – Proboat blackjack 29 spares – Roulette online rigged (senseapplied.com)
- Ohio Shale E&Ps Kept Driving Production, Innovation Last Year, Says Report (naturalgasintel.com)
- Solar Storm: Northern Lights May Be Visible In U.S. Wednesday (patch.com)
- Hot Stock under Consideration – Gulfport Energy Corporation (NASDAQ: GPOR) – Alpha Beta Stock (alphabetastock.com)
- Analysts Showing Optimistic Trends For Gulfport Energy Corp. (GPOR) – Newsline (newsline.com)
A number of analysts have weighed in on the stock. Credit Suisse Group assumed coverage on shares of Gulfport Energy in a research report on Monday, December 11th. They set a “neutral” rating and a $15.00 target price for the company. BidaskClub downgraded shares of Gulfport Energy from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Mizuho set a $18.00 target price on shares of Gulfport Energy and gave the company a “buy” rating in a research report on Tuesday, January 16th. KeyCorp decreased their target price on shares of Gulfport Energy from $18.00 to $15.00 and set a “buy” rating for the company in a research report on Tuesday, January 30th. Finally, Williams Capital set a $18.00 target price on shares of Gulfport Energy and gave the company a “buy” rating in a research report on Thursday, December 21st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $18.82.
Gulfport Energy (NASDAQ:GPOR) last announced its quarterly earnings data on Wednesday, February 21st. The oil and gas producer reported $0.45 EPS for the quarter, topping the consensus estimate of $0.39 by $0.06. The company had revenue of $397.85 million during the quarter, compared to the consensus estimate of $337.95 million. Gulfport Energy had a net margin of 32.96% and a return on equity of 8.64%. During the same quarter last year, the firm posted $0.34 EPS. research analysts expect that Gulfport Energy will post 1.3 earnings per share for the current year.
Gulfport Energy announced that its Board of Directors has approved a stock repurchase program on Monday, January 29th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the oil and gas producer to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.
In other news, CFO Keri Crowell sold 16,000 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $12.16, for a total transaction of $194,560.00. Following the completion of the sale, the chief financial officer now owns 81,092 shares of the company’s stock, valued at approximately $986,078.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Steve Baldwin sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $12.17, for a total transaction of $48,680.00. Following the sale, the vice president now directly owns 32,634 shares of the company’s stock, valued at approximately $397,155.78. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 151,253 shares of company stock valued at $1,839,219. Insiders own 0.31% of the company’s stock.
Gulfport Energy Company Profile
Gulfport Energy Corporation is an oil and natural gas exploration and production company. The Company focuses on the exploitation and acquisition of natural gas, natural gas liquids and crude oil in the United States. The Company’s properties are located in the Utica Shale in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB) and Hackberry fields.
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