Gulfport Energy Corporation’s (GPOR) “Buy” Rating Reiterated at KeyCorp

KeyCorp reissued their buy rating on shares of Gulfport Energy Corporation (NASDAQ:GPOR) in a report released on Tuesday. The firm currently has a $18.00 price objective on the oil and gas producer’s stock.

Other research analysts have also recently issued research reports about the stock. BidaskClub cut shares of Gulfport Energy Corporation from a hold rating to a sell rating in a research note on Wednesday, July 19th. Stifel Nicolaus dropped their price target on shares of Gulfport Energy Corporation from $21.00 to $18.00 and set a buy rating on the stock in a research note on Monday, August 14th. Scotiabank reiterated a buy rating and set a $23.00 price target on shares of Gulfport Energy Corporation in a research note on Friday, June 30th. Royal Bank Of Canada set a $25.00 price target on shares of Gulfport Energy Corporation and gave the stock a buy rating in a research note on Friday, June 2nd. Finally, Piper Jaffray Companies dropped their price target on shares of Gulfport Energy Corporation from $21.00 to $18.00 and set an overweight rating on the stock in a research note on Monday, September 18th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twenty-one have given a buy rating to the company’s stock. Gulfport Energy Corporation has a consensus rating of Buy and an average target price of $24.46.

Shares of Gulfport Energy Corporation (GPOR) opened at 14.06 on Tuesday. Gulfport Energy Corporation has a 52-week low of $10.90 and a 52-week high of $30.47. The firm’s 50 day moving average price is $12.27 and its 200 day moving average price is $14.51. The stock’s market cap is $2.57 billion.

Gulfport Energy Corporation (NASDAQ:GPOR) last issued its quarterly earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.08. The business had revenue of $323.90 million for the quarter, compared to analysts’ expectations of $279.59 million. Gulfport Energy Corporation had a negative net margin of 15.02% and a positive return on equity of 7.42%. The company’s revenue was up 1052.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.24 EPS. On average, analysts expect that Gulfport Energy Corporation will post $1.40 EPS for the current year.

WARNING: “Gulfport Energy Corporation’s (GPOR) “Buy” Rating Reiterated at KeyCorp” was originally reported by BBNS and is the property of of BBNS. If you are reading this news story on another domain, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this news story can be viewed at https://baseballnewssource.com/markets/gulfport-energy-corporations-gpor-buy-rating-reiterated-at-keycorp/1662197.html.

A number of hedge funds have recently made changes to their positions in GPOR. Capstone Asset Management Co. lifted its stake in Gulfport Energy Corporation by 23.3% in the 1st quarter. Capstone Asset Management Co. now owns 12,762 shares of the oil and gas producer’s stock worth $219,000 after purchasing an additional 2,410 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of Gulfport Energy Corporation by 1.5% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 54,274 shares of the oil and gas producer’s stock worth $933,000 after buying an additional 800 shares during the last quarter. Great West Life Assurance Co. Can increased its holdings in shares of Gulfport Energy Corporation by 3.9% in the 1st quarter. Great West Life Assurance Co. Can now owns 90,171 shares of the oil and gas producer’s stock worth $1,549,000 after buying an additional 3,371 shares during the last quarter. State Treasurer State of Michigan increased its holdings in shares of Gulfport Energy Corporation by 3.9% in the 1st quarter. State Treasurer State of Michigan now owns 64,500 shares of the oil and gas producer’s stock worth $1,109,000 after buying an additional 2,400 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Gulfport Energy Corporation by 109.2% in the 1st quarter. First Trust Advisors LP now owns 286,552 shares of the oil and gas producer’s stock worth $4,926,000 after buying an additional 149,605 shares during the last quarter. Institutional investors and hedge funds own 86.65% of the company’s stock.

Gulfport Energy Corporation 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.

Analyst Recommendations for Gulfport Energy Corporation (NASDAQ:GPOR)

Receive News & Ratings for Gulfport Energy Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gulfport Energy Corporation and related companies with our FREE daily email newsletter.

 


Latest News

Los Angeles Dodgers Waiting But Magic Number Down to One
Los Angeles Dodgers Waiting But Magic Number Down to One
Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game


Leave a Reply

 
© 2006-2017 BBNS.