Cobalt Capital Management buys $12,399,722 stake in Gulfport Energy Corporation (GPOR)

Gulfport Energy Corporation (GPOR) : Cobalt Capital Management scooped up 389,101 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 460,101 shares of Gulfport Energy Corporation which is valued at $12,399,722.Gulfport Energy Corporation makes up approximately 1.59% of Cobalt Capital Management’s portfolio.

Other Hedge Funds, Including , Carlson Capital L P sold out all of its stake in GPOR during the most recent quarter. The investment firm sold 520,253 shares of GPOR which is valued $14,020,818.Profund Advisors boosted its stake in GPOR in the latest quarter, The investment management firm added 6,645 additional shares and now holds a total of 31,426 shares of Gulfport Energy Corporation which is valued at $846,931. Gulfport Energy Corporation makes up approx 0.04% of Profund Advisors’s portfolio. Thompson Siegel Walmsley added GPOR to its portfolio by purchasing 52 company shares during the most recent quarter which is valued at $1,363.Ls Investment Advisors boosted its stake in GPOR in the latest quarter, The investment management firm added 3,301 additional shares and now holds a total of 7,556 shares of Gulfport Energy Corporation which is valued at $223,582. Gulfport Energy Corporation makes up approx 0.01% of Ls Investment Advisors’s portfolio.

Gulfport Energy Corporation opened for trading at $28.32 and hit $28.88 on the upside on Thursday, eventually ending the session at $28.68, with a gain of 0.28% or 0.08 points. The heightened volatility saw the trading volume jump to 21,52,061 shares. Company has a market cap of $3,596 M.

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 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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