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Gulfport Energy Corporation (GPOR) [hlAlert]

Rating:
Hold GPOR

Gulfport Energy Corporation (GPOR) rated Hold by MLV & Co

Posted on: Friday,  Nov 22, 2013  8:25 AM ET by MLV & Co

Gulfport Energy Corporation (NASDAQ:
GPOR) rated Hold by MLV & Co.

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.

MLV & Co is a boutique investment bank and institutional broker-dealer focused on providing independent financial advice and unique capital markets expertise to corporate and institutional clients in capital intensive industries such as metals and mining, life sciences, energy and real estate. With a focus on raising money efficiently for clients, MLV has rapidly become a leader in the At-the-Market(ATM) transaction market.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/22/2013 8:25 AM Hold
None
56.13
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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