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Gulfport Energy Corporation (GPOR) [hlAlert]

Rating:
Outperform
GPOR
up 10.67 %

Gulfport Energy Corporation (GPOR) rated Outperform by Credit Suisse

Posted on: Wednesday,  Jun 12, 2013  8:25 AM ET by Credit Suisse

Credit Suisse rated Outperform Gulfport Energy Corporation (NASDAQ: GPOR) on 06/12/2013. Previously Credit Suisse rated Outperform Gulfport Energy Corporation (NASDAQ: GPOR) on
10/26/2012., when the stock price was $31.93. Since then, Gulfport Energy Corporation has gained 10.68% as of 11/03/2015's recent price of $35.34.
If you would have followed the previous Credit Suisse's recommendation on GPOR, you would have gained 10.67% of your investment in 1103 days.

Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB), Hackberry fields, and in West Texas in the Permian Basin. The Company holds a significant acreage position in the Alberta oil sands in Canada, through its interest in Grizzly Oil Sands ULC (Grizzly), and in the Bakken Shale, and has interests in entities that operate in Southeast Asia, including the Phu Horm gas field in Thailand. As of December 31, 2008, Gulfport had 25.5 million barrels of oil equivalent. The Company?s wholly owned subsidiary, Grizzly has approximately 511,000 acres under lease during 2008. Grizzly drilled an aggregate of 117 core holes, tested five separate lease blocks using up to four different rigs, and undertook a seismic program.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/12/2013 8:25 AM Buy
None
49.95
as of 12/13/2013
1 Week down  -3.71 %
1 Month down  -5.11 %
3 Months down  -10.67 %
1 YTD up  46.65 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/26/2012 8:25 AM Buy
None
31.93

(*) Stock Price at the time of the recommendation.
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