Gulfport Energy Corporation (GPOR) : Blue Ridge Capital L.l.c. scooped up 640,000 additional shares in Gulfport Energy Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 1,565,000 shares of Gulfport Energy Corporation which is valued at $42,176,750.Gulfport Energy Corporation makes up approximately 0.50% of Blue Ridge Capital L.l.c.’s portfolio.
Other Hedge Funds, Including , Wolverine Asset Management reduced its stake in GPOR by selling 5,500 shares or 49.11% in the most recent quarter. The Hedge Fund company now holds 5,700 shares of GPOR which is valued at $153,615. Gulfport Energy Corporation makes up approx 0.01% of Wolverine Asset Management’s portfolio.Citadel Advisors reduced its stake in GPOR by selling 101,756 shares or 9.91% in the most recent quarter. The Hedge Fund company now holds 925,259 shares of GPOR which is valued at $24,935,730. Gulfport Energy Corporation makes up approx 0.06% of Citadel Advisors’s portfolio. Palisade Capital Managementnj sold out all of its stake in GPOR during the most recent quarter. The investment firm sold 130,675 shares of GPOR which is valued $3,746,452.Ibm Retirement Fund boosted its stake in GPOR in the latest quarter, The investment management firm added 1,848 additional shares and now holds a total of 12,676 shares of Gulfport Energy Corporation which is valued at $375,083. Gulfport Energy Corporation makes up approx 0.01% of Ibm Retirement Fund’s portfolio.
Gulfport Energy Corporation closed down -0.1 points or -0.34% at $29.4 with 2,947,045 shares getting traded on Wednesday. Post opening the session at $29.6, the shares hit an intraday low of $29.04 and an intraday high of $29.88 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Gulfport Energy Corporation reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.13.Analysts expectations of $ 169.22.
Many Wall Street Analysts have commented on Gulfport Energy Corporation. Williams Capital Group Initiated Gulfport Energy Corporation on Aug 29, 2016 to “Buy”, Price Target of the shares are set at $36.Gulfport Energy Corporation was Upgraded by KLR Group to ” Buy” on Aug 5, 2016. Piper Jaffray Resumed Gulfport Energy Corporation on Jul 8, 2016 to “Overweight”, Price Target of the shares are set at $40.
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.