Gulfport Energy Corporation (NASDAQ:GPOR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.38 by 21 Brokerage Firm. 16 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Deutsche Bank, downgrades their rating on the shares of Gulfport Energy Corporation (NASDAQ:GPOR). Deutsche Bank has a Hold rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 14, 2016.
Gulfport Energy Corporation (NASDAQ:GPOR): The mean estimate for the short term price target for Gulfport Energy Corporation (NASDAQ:GPOR) stands at $37.7 according to 20 Analysts. The higher price target estimate for the stock has been calculated at $56 while the lower price target estimate is at $32.
Gulfport Energy Corporation (NASDAQ:GPOR) rose 1.74% or 0.58 points on Tuesday and made its way into the gainers of the day. After trading began at $33.2 the stock was seen hitting $34.255 as a peak level and $33.12 as the lowest level. The stock ended up at $33.95. The daily volume was measured at 1,534,398 shares. The 52-week high of the share price is $43.35 and the 52-week low is $20.21. The company has a market cap of $4,255 million.
Shares of Gulfport Energy Corp. rose by 4.56% in the last five trading days and 15.95% for the last 4 weeks. Gulfport Energy Corp. is up 15.52% in the last 3-month period. Year-to-Date the stock performance stands at 38.18%.
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.