Gulfport Energy Corp (GPOR) Files Form 4 Insider Selling : Steve Baldwin Sells 10,000 Shares

Gulfport Energy Corp (GPOR): Steve Baldwin , VP of Reservoir Engineering of Gulfport Energy Corp sold 10,000 shares on Jun 7, 2016. The Insider selling transaction was reported by the company on Jun 9, 2016 to the Securities and Exchange Commission. The shares were sold at $32.00 per share for a total value of $320,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 14, 2016, Keri Crowell (Chief Accounting Officer) sold 3,000 shares at $30.00 per share price.On Apr 14, 2016, Steve Baldwin (VP of Reservoir Engineering) sold 4,000 shares at $30.00 per share price.Also, On Mar 24, 2016, Michael G Moore (President & CEO) sold 22,500 shares at $28.38 per share price.On Jun 19, 2015, Stuart Maier (Vice President of Geosciences) sold 10,045 shares at $43.17 per share price.

Gulfport Energy Corporation: On Thursday, Jun 9, 2016 heightened volatility was witnessed in Gulfport Energy Corporation which led to swings in the share price. The shares opened for trading at $31.87 and hit $34.67 on the upside , eventually ending the session at $34.18, with a gain of 5.75% or 1.86 points. The heightened volatility saw the trading volume jump to 31,10,727 shares. The 52-week high of the share price is $46.07 and the company has a market cap of $4,284 M . The 52-week low of the share price is at $20.21.

Gulfport Energy Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Gulfport Energy Corporation is Reiterated by Scotia Howard Weil to Sector Outperform and the brokerage firm has raised the Price Target to $ 34 from a previous price target of $33 .The Rating was issued on May 6, 2016.Gulfport Energy Corporation is Downgraded by Alembic Global Advisors to Neutral. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Apr 5, 2016.Gulfport Energy Corporation is Resumed by RBC Capital Mkts to Outperform and the brokerage firm has set the Price Target at $34. The Rating was issued on Mar 18, 2016.

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 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 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.

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