Gulfport Energy Corporation (GPOR) : Wafra Investment Advisory Group Inc Ny added new position in Gulfport Energy Corporation during the most recent quarter end. The investment management firm now holds 543,952 shares of Gulfport Energy Corporation which is valued at $14,659,506 , the company said in a statement filed on Aug 10, 2016 with the SEC.Gulfport Energy Corporation makes up approximately 1.76% of Wafra Investment Advisory Group Inc Ny’s portfolio.
Other Hedge Funds, Including , Blackrock Investment Management reduced its stake in GPOR by selling 29,285 shares or 1.28% in the most recent quarter. The Hedge Fund company now holds 2,252,690 shares of GPOR which is valued at $60,709,996. Gulfport Energy Corporation makes up approx 0.07% of Blackrock Investment Management’s portfolio.Neuberger Berman Group reduced its stake in GPOR by selling 229,897 shares or 14.97% in the most recent quarter. The Hedge Fund company now holds 1,305,990 shares of GPOR which is valued at $34,229,998. Gulfport Energy Corporation makes up approx 0.05% of Neuberger Berman Group’s portfolio. Bank Of Hawaii sold out all of its stake in GPOR during the most recent quarter. The investment firm sold 7,230 shares of GPOR which is valued $207,284.Louisiana State Employees Retirement System reduced its stake in GPOR by selling 800 shares or 2.35% in the most recent quarter. The Hedge Fund company now holds 33,300 shares of GPOR which is valued at $954,378. Gulfport Energy Corporation makes up approx 0.05% of Louisiana State Employees Retirement System’s portfolio. Locust Wood Capital Advisers added GPOR to its portfolio by purchasing 16,430 company shares during the most recent quarter which is valued at $486,164. Gulfport Energy Corporation makes up approx 0.05% of Locust Wood Capital Advisers’s portfolio.
Gulfport Energy Corporation opened for trading at $26.59 and hit $26.89 on the upside on Friday, eventually ending the session at $26.74, with a gain of 1.10% or 0.29 points. The heightened volatility saw the trading volume jump to 18,63,161 shares. Company has a market cap of $3,352 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. 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.Company shares were Reiterated by Wunderlich on Jun 27, 2016 to “Buy”, Firm has raised the Price Target to $ 40 from a previous price target of $35 .
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.