Gulfport Energy Corporation (NASDAQ:GPOR) – Investment analysts at KeyCorp reduced their Q4 2017 earnings per share estimates for Gulfport Energy Corporation in a report released on Tuesday. KeyCorp analyst D. Deckelbaum now expects that the oil and gas producer will earn $0.34 per share for the quarter, down from their previous estimate of $0.35. KeyCorp also issued estimates for Gulfport Energy Corporation’s FY2018 earnings at $1.36 EPS.

Several other research firms have also commented on GPOR. Barclays PLC reaffirmed an “overweight” rating and issued a $28.00 price target (down from $30.00) on shares of Gulfport Energy Corporation in a report on Saturday, April 22nd. KLR Group reaffirmed a “buy” rating and issued a $22.00 price target (down from $23.00) on shares of Gulfport Energy Corporation in a report on Wednesday, May 17th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $20.00 price target on shares of Gulfport Energy Corporation in a report on Wednesday, May 17th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $29.00 price target on shares of Gulfport Energy Corporation in a report on Friday, April 21st. Finally, Williams Capital reaffirmed a “buy” rating and issued a $27.00 price target on shares of Gulfport Energy Corporation in a report on Tuesday, May 9th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and twenty have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $25.91.

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Gulfport Energy Corporation (NASDAQ:GPOR) traded up 2.07% during trading on Thursday, hitting $11.83. The stock had a trading volume of 1,625,154 shares. The company has a 50-day moving average of $13.43 and a 200 day moving average of $16.07. The firm’s market cap is $2.16 billion. Gulfport Energy Corporation has a 52-week low of $10.90 and a 52-week high of $30.47.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its quarterly earnings data on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.08. Gulfport Energy Corporation had a positive return on equity of 7.98% and a negative net margin of 15.02%. The firm had revenue of $323.90 million during the quarter, compared to analysts’ expectations of $279.59 million. During the same period in the prior year, the business earned $0.24 EPS. The company’s revenue for the quarter was up 1052.7% compared to the same quarter last year.

Hedge funds have recently bought and sold shares of the stock. FMR LLC boosted its stake in Gulfport Energy Corporation by 180.7% in the fourth quarter. FMR LLC now owns 263,282 shares of the oil and gas producer’s stock valued at $5,697,000 after buying an additional 169,500 shares during the period. AQR Capital Management LLC boosted its stake in Gulfport Energy Corporation by 30.0% in the fourth quarter. AQR Capital Management LLC now owns 28,800 shares of the oil and gas producer’s stock valued at $623,000 after buying an additional 6,643 shares during the period. UBS Asset Management Americas Inc. boosted its stake in Gulfport Energy Corporation by 2.2% in the fourth quarter. UBS Asset Management Americas Inc. now owns 1,130,901 shares of the oil and gas producer’s stock valued at $24,473,000 after buying an additional 24,305 shares during the period. Teachers Advisors LLC boosted its stake in Gulfport Energy Corporation by 5.1% in the fourth quarter. Teachers Advisors LLC now owns 131,324 shares of the oil and gas producer’s stock valued at $2,842,000 after buying an additional 6,361 shares during the period. Finally, Foundry Partners LLC boosted its stake in Gulfport Energy Corporation by 23.0% in the first quarter. Foundry Partners LLC now owns 14,850 shares of the oil and gas producer’s stock valued at $255,000 after buying an additional 2,775 shares during the period. 88.47% of the stock is owned by institutional investors and hedge funds.

About Gulfport Energy Corporation

Gulfport Energy Corporation is an oil and natural gas exploration and production company. The Company focuses on the exploitation and acquisition of natural gas, natural gas liquids and crude oil in the United States. The Company’s properties are located in the Utica Shale in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB) and Hackberry fields.

Earnings History and Estimates for Gulfport Energy Corporation (NASDAQ:GPOR)

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