Gulfport Energy Corporation (GPOR) Shares are Down -0.78%

Gulfport Energy Corporation (GPOR) : During the past 4 weeks, traders have been relatively bearish on Gulfport Energy Corporation (GPOR), hence the stock is down -9.98% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.75% relative to the S&P 500. The 4-week change in the price of the stock is -9.63% and the stock has fallen -0.78% in the past 1 week.

Gulfport Energy Corp. has dropped 8.67% during the last 3-month period . Year-to-Date the stock performance stands at 8.83%. The stock has recorded a 20-day Moving Average of 2.97% and the 50-Day Moving Average is 10.81%.


Gulfport Energy Corporation (NASDAQ:GPOR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.59 and $26.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.74, notching a gain of 1.10% for the day. The total traded volume was 1,863,161 . The stock had closed at $26.45 on the previous day.

Also, In a research note released to the investors, Jefferies upgrades its rating on Gulfport Energy Corporation (NASDAQ:GPOR).The analysts at the brokerage house have a current rating of Hold on the shares. Earlier, the shares were rated a Underperform by the brokerage firm. The rating by the firm was issued on August 19, 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 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.

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