Gulfport Energy Corporation (GPOR) Shares are Up 6.84%

Gulfport Energy Corporation (GPOR) has been under a strong bear grip, hence the stock is down -1.58% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 7.55% in the past 1 week. The stock has risen by 6.84% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.79% in the past 4 weeks.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 5.13% and the fifty day Moving Average is 2.96%. Gulfport Energy Corp. has dropped 5.65% during the last three month period . Year-to-Date the stock performance stands at 16.28%.

Gulfport Energy Corporation (GPOR) : The highest level Gulfport Energy Corporation (GPOR) is projected to reach is $48 for the short term and the lowest estimate is at $33. The consolidated price target from 17 rating analysts who initiate coverage on the stock is $37.41 and the possibility the share price can swing is $4.11.


Gulfport Energy Corporation (NASDAQ:GPOR): stock turned positive on Friday. Though the stock opened at $27.93, the bulls momentum made the stock top out at $28.59 level for the day. The stock recorded a low of $27.79 and closed the trading day at $28.57, in the green by 2.81%. The total traded volume for the day was 3,549,004. The stock had closed at $27.79 in the previous days trading.

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.

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