Gulfport Energy Corporation (GPOR) PT Set at $18.00 by KeyCorp

Gulfport Energy Corporation (NASDAQ:GPOR) has been assigned a $18.00 price objective by investment analysts at KeyCorp in a research report issued on Thursday. The firm presently has a “buy” rating on the oil and gas producer’s stock. KeyCorp’s price objective would suggest a potential upside of 32.94% from the company’s current price.

GPOR has been the topic of a number of other research reports. Piper Jaffray Companies reaffirmed an “overweight” rating on shares of Gulfport Energy Corporation in a report on Wednesday, June 21st. Zacks Investment Research lowered Gulfport Energy Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 26th. Scotiabank reissued a “buy” rating and set a $23.00 price objective on shares of Gulfport Energy Corporation in a report on Friday, June 30th. BidaskClub lowered Gulfport Energy Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Finally, Pacific Crest reissued an “overweight” rating and set a $28.00 price objective on shares of Gulfport Energy Corporation in a report on Wednesday, June 21st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-one have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $23.26.

Shares of Gulfport Energy Corporation (GPOR) opened at 13.54 on Thursday. The company’s 50 day moving average price is $13.85 and its 200 day moving average price is $14.17. The firm’s market capitalization is $2.48 billion. Gulfport Energy Corporation has a 52-week low of $10.90 and a 52-week high of $30.37.

Gulfport Energy Corporation (NASDAQ:GPOR) last released its earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.08. The firm had revenue of $323.90 million for the quarter, compared to analyst estimates of $279.59 million. Gulfport Energy Corporation had a positive return on equity of 7.42% and a negative net margin of 15.02%. The company’s revenue was up 1052.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.24 EPS. Analysts forecast that Gulfport Energy Corporation will post $1.39 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: “Gulfport Energy Corporation (GPOR) PT Set at $18.00 by KeyCorp” was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://ledgergazette.com/2017/10/20/gulfport-energy-corporation-gpor-pt-set-at-18-00-by-keycorp.html.

A number of institutional investors and hedge funds have recently modified their holdings of GPOR. OppenheimerFunds Inc. raised its position in Gulfport Energy Corporation by 3.6% in the 1st quarter. OppenheimerFunds Inc. now owns 22,074 shares of the oil and gas producer’s stock valued at $379,000 after purchasing an additional 763 shares during the last quarter. Principal Financial Group Inc. raised its position in Gulfport Energy Corporation by 5.7% in the 1st quarter. Principal Financial Group Inc. now owns 622,411 shares of the oil and gas producer’s stock valued at $10,699,000 after purchasing an additional 33,493 shares during the last quarter. FMR LLC raised its position in Gulfport Energy Corporation by 30.1% in the 1st quarter. FMR LLC now owns 342,506 shares of the oil and gas producer’s stock valued at $5,888,000 after purchasing an additional 79,224 shares during the last quarter. Advantus Capital Management Inc raised its position in Gulfport Energy Corporation by 5.5% in the 1st quarter. Advantus Capital Management Inc now owns 20,336 shares of the oil and gas producer’s stock valued at $350,000 after purchasing an additional 1,064 shares during the last quarter. Finally, Teachers Advisors LLC raised its position in Gulfport Energy Corporation by 38.7% in the 1st quarter. Teachers Advisors LLC now owns 182,135 shares of the oil and

GPOR has been the topic of a number of other research reports. Piper Jaffray Companies reaffirmed an “overweight” rating on shares of Gulfport Energy Corporation in a report on Wednesday, June 21st. Zacks Investment Research lowered Gulfport Energy Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 26th. Scotiabank reissued a “buy” rating and set a $23.00 price objective on shares of Gulfport Energy Corporation in a report on Friday, June 30th. BidaskClub lowered Gulfport Energy Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Finally, Pacific Crest reissued an “overweight” rating and set a $28.00 price objective on shares of Gulfport Energy Corporation in a report on Wednesday, June 21st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-one have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $23.26.

Shares of Gulfport Energy Corporation (GPOR) opened at 13.54 on Thursday. The company’s 50 day moving average price is $13.85 and its 200 day moving average price is $14.17. The firm’s market capitalization is $2.48 billion. Gulfport Energy Corporation has a 52-week low of $10.90 and a 52-week high of $30.37.

Gulfport Energy Corporation (NASDAQ:GPOR) last released its earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.08. The firm had revenue of $323.90 million for the quarter, compared to analyst estimates of $279.59 million. Gulfport Energy Corporation had a positive return on equity of 7.42% and a negative net margin of 15.02%. The company’s revenue was up 1052.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.24 EPS. Analysts forecast that Gulfport Energy Corporation will post $1.39 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: “Gulfport Energy Corporation (GPOR) PT Set at $18.00 by KeyCorp” was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://ledgergazette.com/2017/10/20/gulfport-energy-corporation-gpor-pt-set-at-18-00-by-keycorp.html.

A number of institutional investors and hedge funds have recently modified their holdings of GPOR. OppenheimerFunds Inc. raised its position in Gulfport Energy Corporation by 3.6% in the 1st quarter. OppenheimerFunds Inc. now owns 22,074 shares of the oil and gas producer’s stock valued at $379,000 after purchasing an additional 763 shares during the last quarter. Principal Financial Group Inc. raised its position in Gulfport Energy Corporation by 5.7% in the 1st quarter. Principal Financial Group Inc. now owns 622,411 shares of the oil and gas producer’s stock valued at $10,699,000 after purchasing an additional 33,493 shares during the last quarter. FMR LLC raised its position in Gulfport Energy Corporation by 30.1% in the 1st quarter. FMR LLC now owns 342,506 shares of the oil and gas producer’s stock valued at $5,888,000 after purchasing an additional 79,224 shares during the last quarter. Advantus Capital Management Inc raised its position in Gulfport Energy Corporation by 5.5% in the 1st quarter. Advantus Capital Management Inc now owns 20,336 shares of the oil and gas producer’s stock valued at $350,000 after purchasing an additional 1,064 shares during the last quarter. Finally, Teachers Advisors LLC raised its position in Gulfport Energy Corporation by 38.7% in the 1st quarter. Teachers Advisors LLC now owns 182,135 shares of the oil and gas producer’s stock valued at $3,131,000 after purchasing an additional 50,811 shares during the last quarter. Hedge funds and other institutional investors 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)

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