Gulfport Energy Corporation (GPOR) : Currently there are 20 street experts covering Gulfport Energy Corporation (GPOR) stock. The most bullish and bearish price target for the stock is $56 and $32 respectively for the short term. The average price target of all the analysts comes to $38. The estimated standard deviation from the target is $6.39.
The short interest in Gulfport Energy Corporation (GPOR) has declined from 6,861,837 on June 15,2016 to 6,084,977 on June 30,2016. The change was measured at 776,860 shares or 11.3%. The leftover shorts were 4.9% of the floated shares. The days to cover are 3, given the average daily volume of 1,938,426 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Equity Analysts at the Brokerage Firm, Piper Jaffray, assumes their rating on the shares of Gulfport Energy Corporation (NASDAQ:GPOR). Piper Jaffray has a Overweight rating on the shares. The rating by the firm was issued on July 8, 2016.
Gulfport Energy Corporation (NASDAQ:GPOR): stock turned positive on Thursday. Though the stock opened at $31.69, the bulls momentum made the stock top out at $31.98 level for the day. The stock recorded a low of $30.94 and closed the trading day at $31.51, in the green by 1.06%. The total traded volume for the day was 2,475,127. The stock had closed at $31.18 in the previous days trading.
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 Companys 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.