Key Points
- Director Timothy Cutt sold 2,500 shares on Dec. 30 at an average price of $214.74 for $536,850, reducing his stake by 7.41% to 31,255 shares; the transaction was disclosed in an SEC Form 4.
- Quarterly results missed EPS estimates: Gulfport reported $3.13 EPS vs. analysts' $4.64 estimate while revenue beat at $379.75 million, with a net margin of 1.68% and ROE of 20.95%.
- Analyst and market backdrop: MarketBeat shows a consensus rating of "Moderate Buy" with a $230.88 target; GPOR recently traded near $208 with a 52‑week range of $153.27–$225.78 and a $4.02 billion market cap.
Gulfport Energy Corporation (NYSE:GPOR - Get Free Report) Director Timothy Cutt sold 2,500 shares of the company's stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $214.74, for a total transaction of $536,850.00. Following the completion of the sale, the director directly owned 31,255 shares of the company's stock, valued at $6,711,698.70. The trade was a 7.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Gulfport Energy Stock Performance
Shares of GPOR stock opened at $208.00 on Thursday. Gulfport Energy Corporation has a 52-week low of $153.27 and a 52-week high of $225.78. The company's 50 day moving average is $205.08 and its 200 day moving average is $188.27. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of -109.47 and a beta of 0.60. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.39.
Gulfport Energy (NYSE:GPOR - Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The company reported $3.13 EPS for the quarter, missing analysts' consensus estimates of $4.64 by ($1.51). The business had revenue of $379.75 million during the quarter, compared to analysts' expectations of $343.18 million. Gulfport Energy had a net margin of 1.68% and a return on equity of 20.95%.
Analyst Ratings Changes
A number of research firms have issued reports on GPOR. Wall Street Zen raised shares of Gulfport Energy from a "hold" rating to a "buy" rating in a research report on Saturday, November 22nd. Evercore ISI raised their target price on shares of Gulfport Energy from $190.00 to $210.00 and gave the stock an "in-line" rating in a report on Monday, November 10th. Zacks Research lowered shares of Gulfport Energy from a "hold" rating to a "strong sell" rating in a report on Tuesday, December 9th. Roth Capital initiated coverage on Gulfport Energy in a research report on Monday, October 13th. They set a "neutral" rating and a $200.00 price target on the stock. Finally, Jefferies Financial Group started coverage on Gulfport Energy in a report on Thursday, October 23rd. They issued a "buy" rating and a $250.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Gulfport Energy has an average rating of "Moderate Buy" and a consensus target price of $230.88.
Read Our Latest Stock Report on GPOR
Institutional Investors Weigh In On Gulfport Energy
Several hedge funds and other institutional investors have recently added to or reduced their stakes in GPOR. Advisory Services Network LLC acquired a new position in shares of Gulfport Energy in the 3rd quarter valued at $28,000. Financial Consulate Inc. acquired a new position in shares of Gulfport Energy in the third quarter valued at approximately $31,000. Federated Hermes Inc. raised its position in Gulfport Energy by 133.7% in the 3rd quarter. Federated Hermes Inc. now owns 222 shares of the company's stock valued at $40,000 after purchasing an additional 127 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Gulfport Energy by 364.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 251 shares of the company's stock valued at $50,000 after buying an additional 197 shares during the period. Finally, Toth Financial Advisory Corp acquired a new position in shares of Gulfport Energy during the second quarter worth about $85,000.
About Gulfport Energy
(
Get Free Report)
Gulfport Energy Corporation is an independent oil and gas exploration and production company based in Oklahoma City, Oklahoma. The company focuses on the development of onshore natural gas, natural gas liquids (NGLs) and crude oil properties in the United States. Gulfport utilizes horizontal drilling and multi-stage hydraulic fracturing techniques to maximize production and enhance recovery from its resource plays.
The company's primary operations are concentrated in two major U.S. resource basins.
Further Reading
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