Economy

Gulfport Energy Corporation (GPOR) Stock Price Down NaN on Disappointing Earnings

Currently, 6.7% of the shares of the stock are sold short. The company seeks to achieve reserve growth and increased cash flow from operations through low risk development activities on its existing properties and acquiring additional Louisiana Gulf Coast properties with exploitation and exploration potential.

Gulfport Energy Corp. on 6/29/2017 reported its EPS as $0.16 with the analysts projecting the EPS of the stock as $0.1.

Gulfport Energy Corp. (GPOR) has the market capitalization of $2.32 Billion. Williams Capital set a $18.00 price target on Gulfport Energy Corporation and gave the company a "buy" rating in a research report on Monday. The stock has an average rating of "Buy" and an average target price of $22.83. SunTrust Banks, Inc. restated a "buy" rating and issued a $25.00 price target on shares of Gulfport Energy Corporation in a research report on Tuesday. Mutual Of America Mngmt Ltd Limited Liability Company holds 0.09% or 356,028 shares. Finally, KeyCorp restated a "buy" rating and issued a $18.00 target price on shares of Gulfport Energy Corporation in a report on Tuesday, September 19th. The company has an Average True Range (ATR) value of 0.51, while a Beta Value of 0.7. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.11.

Gulfport Energy Corp. had a positive return on equity of 1.61% and a negative net margin of 216.29%. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. In contrast to the year ago quarter EPS was at 0.44. Similarly, the company's last 5 years high P/E ratio is 32.09 and low P/E is 14.48, whereas, the industry's and sector's high P/E for the past year is 131.75 and 30.84 respectively and low P/E ratio for the last 5 years is 5.96 for the industry and 10.07 for the Sector.

TRADEMARK VIOLATION NOTICE: This story was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this news story on another site, it was stolen and reposted in violation of USA and worldwide copyright and trademark laws. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.00, which implies that analysts are generally neutral in their outlook for GPOR over the next year.

Let's take a look at how the stock has been performing recently.

For the Current Quarter, the growth estimate for Gulfport Energy Corp.is 106.2%, while for the Next Quarter the stock growth estimate is 17.6%. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,756 shares of the oil and gas producer's stock valued at $100,000 after purchasing an additional 712 shares during the period. Citadel Advisors Llc has invested 0.05% of its portfolio in Gulfport Energy Corporation (NASDAQ:GPOR). Riverhead Capital Management LLC now owns 9,553 shares of the oil and gas producer's stock valued at $141,000 after buying an additional 4,153 shares during the period. Tocqueville Asset Management L.P. increased its holdings in Gulfport Energy Corporation by 65.6% in the second quarter. LS Investment Advisors LLC grew its position in Gulfport Energy Corporation by 25.1% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 436,077 shares of the oil and gas producer's stock valued at $7,496,000 after buying an additional 30,726 shares during the last quarter. Finally, Teacher Retirement System of Texas raised its holdings in shares of Gulfport Energy Corporation by 4.2% during the second quarter. Teacher Retirement System of Texas now owns 12,869 shares of the oil and gas producer's stock valued at $190,000 after buying an additional 520 shares during the last quarter.

President & CEO, Moore Michael G, sold 20,000 common shares of Gulfport Energy Corporation (GPOR) in the open market.



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