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Gulfport Energy Corporation (GPOR) [hlAlert]

Rating:
Buy GPOR
down 34.17 %

Gulfport Energy Corporation (GPOR) rated Buy with price target $50 by Stifel

Posted on: Tuesday,  Dec 9, 2014  8:25 AM ET by Stifel

Stifel rated Buy Gulfport Energy Corporation (NASDAQ: GPOR) on 12/09/2014. Previously Stifel rated Buy Gulfport Energy Corporation (NASDAQ: GPOR) on 08/14/2013.,
when the stock price was $53.69. Since then, Gulfport Energy Corporation has lost 34.18% as of 11/03/2015's recent price of $35.34.
If you would have followed the previous Stifel's recommendation on GPOR, you would have lost 34.17% of your investment in 811 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.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/9/2014 8:25 AM Buy
None
38.37 50.00
as of 10/17/2014
1 Week up  6.11 %
1 Month down  -18.07 %
3 Months down  -19.71 %
1 YTD down  -25.24 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/14/2013 8:25 AM Buy
None
53.69 73.00

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