Gulfport Energy Corporation (GPOR) : Virtus Investment Advisers added new position in Gulfport Energy Corporation during the most recent quarter end. The investment management firm now holds 5,300 shares of Gulfport Energy Corporation which is valued at $142,835 , the company said in a statement filed on Aug 15, 2016 with the SEC.Gulfport Energy Corporation makes up approximately 0.09% of Virtus Investment Advisers’s portfolio.
Other Hedge Funds, Including , Millennium Management reduced its stake in GPOR by selling 3,187,443 shares or 78.96% in the most recent quarter. The Hedge Fund company now holds 849,381 shares of GPOR which is valued at $22,890,818. Gulfport Energy Corporation makes up approx 0.06% of Millennium Management’s portfolio.Citadel Advisors reduced its stake in GPOR by selling 101,756 shares or 9.91% in the most recent quarter. The Hedge Fund company now holds 925,259 shares of GPOR which is valued at $24,935,730. Gulfport Energy Corporation makes up approx 0.06% of Citadel Advisors’s portfolio. Bogle Investment Management L P De sold out all of its stake in GPOR during the most recent quarter. The investment firm sold 47,616 shares of GPOR which is valued $1,283,251.Massachusetts Financial Services Co boosted its stake in GPOR in the latest quarter, The investment management firm added 299 additional shares and now holds a total of 11,834 shares of Gulfport Energy Corporation which is valued at $318,926.Howard Hughes Medical Institute boosted its stake in GPOR in the latest quarter, The investment management firm added 15,868 additional shares and now holds a total of 16,795 shares of Gulfport Energy Corporation which is valued at $481,513. Gulfport Energy Corporation makes up approx 0.15% of Howard Hughes Medical Institute’s portfolio.
Gulfport Energy Corporation opened for trading at $28.32 and hit $28.88 on the upside on Thursday, eventually ending the session at $28.68, with a gain of 0.28% or 0.08 points. The heightened volatility saw the trading volume jump to 21,52,061 shares. Company has a market cap of $3,596 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. Piper Jaffray Resumed Gulfport Energy Corporation on Jul 8, 2016 to “Overweight”, Price Target of the shares are set at $40.
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.