A statement released earlier today by Vetr Inc. about Gulfport Energy Corporation (NASDAQ:GPOR) bumps the target price to $30.00
- Updated: October 6, 2016
Vetr Inc. bumped up the target of Gulfport Energy Corporation (NASDAQ:GPOR) to $30.00 stating a potential upside of 0.05%.
On Thursday October 06, 2016, Mizuho Securities released a statement for Gulfport Energy Corporation (NASDAQ:GPOR) bumped up the target price from $0.00 to $35.00 that suggested an upside of 0.22%.
Boasting a price of $28.68, Gulfport Energy Corporation (NASDAQ:GPOR) traded 2.90% higher on the day. With the last stock price close down -1.90% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Gulfport Energy Corporation has recorded a 50-day average of $28.01 and a two hundred day average of $29.31. Volume of trade was down over the average, with 1,593,975 shares of GPOR changing hands under the typical 2,715,750
With a total market value of $0, Gulfport Energy Corporation has with a one year low of $20.21 and a one year high of $36.12 .
A total of 27 equity analysts have released a ratings update on GPOR. Six equity analysts rating the company a strong buy, sixteen equity analysts rating the company a buy, eight equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $35.11.
Brief Synopsis About Gulfport Energy Corporation (NASDAQ:GPOR)
Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company focused on the exploration, exploitation, acquisition and production of natural gas, natural gas liquids and crude oil in the United States. The Company has 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 interest in producing properties in the Niobrara Formation of Northwestern Colorado and the Bakken Formation. The Company also holds an acreage position in the Alberta oil sands in Canada through its interest in Grizzly Oil Sands ULC (Grizzly), and interests in an entity that operates in the Phu Horm gas field in Thailand.
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