Goldman Sachs upgraded Gulfport Energy (NASDAQ:GPOR) from Neutral to Buy in a report released today.
- Updated: October 18, 2016
Yesterday Gulfport Energy (NASDAQ:GPOR) traded 1.45% higher at $27.61. The company’s 50-day moving average is $28.48 and its 200-day moving average is $29.36. The last stock close price is down -4.61% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 288,847 shares of the stock were exchanged, down from an average trading volume of 2,733,850
Goldman Sachs has upgraded Gulfport Energy (NASDAQ:GPOR) from Neutral to Buy in a report released on 10/18/2016.
Previously on 10/11/2016, Zacks Investment Research reported about Gulfport Energy (NASDAQ:GPOR) raised the target price from $0.00 to $33.00. At the time, this indicated a possible upside of 0.11%.
See Chart Below
Gulfport Energy has a 52 week low of $20.21 and a 52 week high of $34.67 The company’s market cap is currently $0.
A total of 27 equity analysts have released a research note on GPOR. Six equity analysts rating the company a strong buy, 16 firms rating the stock a buy, 8 firms rating the stock a hold, 0 brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $35.11.
General Company Details For Gulfport Energy (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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.