Gulfport Energy Corporation (GPOR) : 19 analysts are covering Gulfport Energy Corporation (GPOR) and their average rating on the stock is 1.47, which is read as a Strong Buy. 14 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Gulfport Energy Corporation (GPOR) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Gulfport Energy Corporation (GPOR) : Currently there are 18 street experts covering Gulfport Energy Corporation (GPOR) stock. The most bullish and bearish price target for the stock is $48 and $31 respectively for the short term. The average price target of all the analysts comes to $37.22. The estimated standard deviation from the target is $4.15.
For the current week, the company shares have a recommendation consensus of Buy. Also, Williams Capital Group initiates coverage on Gulfport Energy Corporation (NASDAQ:GPOR). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm announces the price target at $36 per share. The rating by the firm was issued on August 29, 2016.
Gulfport Energy Corporation (NASDAQ:GPOR): stock was range-bound between the intraday low of $29.04 and the intraday high of $29.88 after having opened at $29.6 on Wednesdays session. The stock finally closed in the red at $29.6, a loss of -0.34%. The stock remained in the red for the whole trading day. The total traded volume was 2,947,045 shares. The stock failed to cross $29.88 in Wednesdays trading. The stocks closing price on Thursday was $29.5.
Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company focused on the exploration, exploitation, acquisition and production of crude oil, natural gas liquids and natural gas in the United States. It has developed an oil and natural gas portfolio of proved reserves, as well as development and exploratory drilling opportunities on conventional and unconventional oil and natural gas prospects. The Companys principal properties are located in the Utica Shale primarily in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB), and Hackberry fields. In addition, the Company has producing properties in the Niobrara Formation of Northwestern Colorado and the Bakken Formation. It also holds an acreage position in the Alberta oil sands in Canada through its interest in Grizzly Oil Sands ULC (Grizzly), and interests in entities that operate in Southeast Asia, including the Phu Horm gas field in Thailand.