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Gulfport Energy Corporation (GPOR) [hlAlert]

Rating:
Buy GPOR
up 498.98 %

Gulfport Energy Corporation (GPOR) upgraded to Buy with price target $12.50 by Dahlman Rose

Posted on: Wednesday,  Oct 29, 2008  10:25 AM ET by Dahlman Rose

Dahlman Rose rated Buy Gulfport Energy Corporation (NASDAQ: GPOR) on 10/29/2008, when the stock price was $5.90. Since
then, Gulfport Energy Corporation has gained 498.98% as of 11/03/2015's recent price of $35.34.
If you would have followed this Dahlman Rose's recommendation on GPOR, you would have gained 498.98% of your investment in 2561 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.

Since the Firm’s inception, the Dahlman Rose Research team has been dedicated to providing our institutional client base with differentiated research calls and actionable investment ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/29/2008 10:25 AM Buy
None
5.90 12.50
as of 12/24/2008
1 Week down  -2.31 %
1 Month up  5.35 %
3 Months up  21.82 %
1 YTD down  -25.31 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/28/2008 9:25 AM Hold
None
12.59

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