Shares of Gulfport Energy Corporation (GPOR) Drops by -1.27%

Gulfport Energy Corporation (GPOR) : During the past 4 weeks, traders have been relatively bearish on Gulfport Energy Corporation (GPOR), hence the stock is down -11.49% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.72% relative to the S&P 500. The 4-week change in the price of the stock is -7.62% and the stock has fallen -1.27% in the past 1 week. The stock has recorded a 20-day Moving Average of 3.84% and the 50-Day Moving Average is 1.76%.

Gulfport Energy Corporation (NASDAQ:GPOR): The stock opened at $30.53 on Friday but the bulls could not build on the opening and the stock topped out at $31.18 for the day. The stock traded down to $29.90 during the day, due to lack of any buying support eventually closed down at $30.41 with a loss of -3.49% for the day. The stock had closed at $31.51 on the previous day. The total traded volume was 4,432,404 shares.


The company Insiders own 0.39% of Gulfport Energy Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -12.96% . During last six month period, the net percent change held by insiders has seen a change of 4.38%. In a related news, Maier Stuart, officer (Vice President of Geosciences) of Gulfport Energy Corp, unloaded 10,000 shares at an average price of $33.35 on June 20, 2016. The total amount of the transaction was worth $333,500, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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