Simplex Trading buys $346,392 stake in Gulfport Energy Corporation (GPOR)

Gulfport Energy Corporation (GPOR) : Simplex Trading scooped up 11,819 additional shares in Gulfport Energy Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 11,879 shares of Gulfport Energy Corporation which is valued at $346,392.Gulfport Energy Corporation makes up approximately 0.05% of Simplex Trading’s portfolio.

Other Hedge Funds, Including , First Mercantile Trust Co added GPOR to its portfolio by purchasing 11,660 company shares during the most recent quarter which is valued at $340,006. Gulfport Energy Corporation makes up approx 0.05% of First Mercantile Trust Co’s portfolio. Independent Portfolio Consultants sold out all of its stake in GPOR during the most recent quarter. The investment firm sold 6,500 shares of GPOR which is valued $186,875.Bnp Paribas Arbitrage Sa reduced its stake in GPOR by selling 27,964 shares or 42.95% in the most recent quarter. The Hedge Fund company now holds 37,145 shares of GPOR which is valued at $1,067,919. Washington Trust Bank added GPOR to its portfolio by purchasing 15 company shares during the most recent quarter which is valued at $431.

Gulfport Energy Corporation opened for trading at $28.83 and hit $29.45 on the upside on Friday, eventually ending the session at $29.16, with a gain of 1.67% or 0.48 points. The heightened volatility saw the trading volume jump to 21,92,556 shares. Company has a market cap of $3,656 M.

On the company’s financial health, Gulfport Energy Corporation reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.13.Analysts expectations of $ 169.22.

Many Wall Street Analysts have commented on Gulfport Energy Corporation. Williams Capital Group Initiated Gulfport Energy Corporation on Aug 29, 2016 to “Buy”, Price Target of the shares are set at $36.Gulfport Energy Corporation was Upgraded by KLR Group to ” Buy” on Aug 5, 2016.

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 Company’s 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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