Gulfport Energy Corporation (GPOR) : Prosiris Capital Management Lp has sold out all of its stake in Gulfport Energy Corporation during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 125,000 shares of Gulfport Energy Corporation which is valued at $3,368,750.
Other Hedge Funds, Including , Susquehanna International Group Llp boosted its stake in GPOR in the latest quarter, The investment management firm added 343 additional shares and now holds a total of 32,797 shares of Gulfport Energy Corporation which is valued at $883,879.Blackrock Institutional Trust Company N.a. boosted its stake in GPOR in the latest quarter, The investment management firm added 207,545 additional shares and now holds a total of 4,144,739 shares of Gulfport Energy Corporation which is valued at $111,700,716. Gulfport Energy Corporation makes up approx 0.02% of Blackrock Institutional Trust Company N.a.’s portfolio.Castleark Management reduced its stake in GPOR by selling 98,220 shares or 45.73% in the most recent quarter. The Hedge Fund company now holds 116,580 shares of GPOR which is valued at $3,141,831. Gulfport Energy Corporation makes up approx 0.10% of Castleark Management’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.Checchi Capital Advisers boosted its stake in GPOR in the latest quarter, The investment management firm added 130 additional shares and now holds a total of 2,612 shares of Gulfport Energy Corporation which is valued at $77,289. Gulfport Energy Corporation makes up approx 0.02% of Checchi Capital Advisers’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 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.