Full Answer
Is Gulfport energy stock a good bet right now?
Accordingly, Gulfport Energy stock remains a highly speculative bet today. On Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day.
What does Gulfport Energy Corporation do?
Sign-up to receive the latest news and ratings for Gulfport Energy and its competitors with MarketBeat's FREE daily newsletter. Gulfport Energy Corporation engages in the exploration, development, acquisition, and production of natural gas, crude oil, and natural gas liquids (NGL) in the United States.
Is Gulfport a high-risk high-reward stock?
Currently, Gulfport’s trading below 5 cents per share, so it’s one of those high-risk, high-reward gambles retail investors have been attracted to of late. Accordingly, I expected this stock to get more attention on this news and see a bigger jump. But that’s neither here nor there. Let’s dive into the news, and see what it means for investors.
Is Gulfport plc a bright spot in a gloomy market?
That said, Gulfport has turned out to be one of the few bright spots in an otherwise dark and gloomy market today. The company announced yesterday it has successfully emerged from Chapter 11 bankruptcy.
Is Gulfport Energy a good stock to buy?
If you are looking for stocks with good return, Gulfport Energy Corp. (New) can be a profitable investment option. Gulfport Energy Corp. (New) quote is equal to 90.840 USD at 2022-06-22.
Will Gulfport energy go up?
The 2 analysts offering 12-month price forecasts for Gulfport Energy Corp have a median target of 118.00, with a high estimate of 125.00 and a low estimate of 111.00. The median estimate represents a +16.20% increase from the last price of 101.55.
Will Gulfport Energy stock recover?
Current Gulfport Energy Shareholder Recovery (Class 7) 11 reorganization plans, current GPOR shareholders are getting no recovery.
Is Gulfport Energy in trouble?
As contemplated by the Plan, Gulfport has exited bankruptcy with a new Board of Directors; a strengthened balance sheet, with $853 million of total debt representing more than $1.2 billion of deleveraging through the Chapter 11 process; and approximately $135 million of liquidity.
How has Gulfport Energy's stock price performed in 2022?
Gulfport Energy's stock was trading at $72.03 at the start of the year. Since then, GPORQ stock has increased by 44.9% and is now trading at $104.3...
Who are Gulfport Energy's key executives?
Gulfport Energy's management team includes the following people: Mr. David M. Wood , Pres, CEO & Director (Age 64, Pay $1.34M) Mr. Quentin R. Hi...
Who are some of Gulfport Energy's key competitors?
Some companies that are related to Gulfport Energy include Pioneer Natural Resources (PXD) , Occidental Petroleum (OXY) , ENI (E) , Devon Energ...
What is Gulfport Energy's stock symbol?
Gulfport Energy trades on the OTCMKTS under the ticker symbol "GPORQ."
How do I buy shares of Gulfport Energy?
Shares of GPORQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBu...
What is Gulfport Energy's stock price today?
One share of GPORQ stock can currently be purchased for approximately $104.37.
How much money does Gulfport Energy make?
Gulfport Energy (OTCMKTS:GPORQ) has a market capitalization of $16.78 billion and generates $866.54 million in revenue each year. The company earns...
How many employees does Gulfport Energy have?
Gulfport Energy employs 256 workers across the globe.
What is Gulfport Energy's official website?
The official website for Gulfport Energy is www.gulfportenergy.com .
When will Gulfport Energy release its earnings?
Gulfport Energy is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021. View our earnings forecast for Gulfport Energy.
How much does Gulfport Energy make?
Gulfport Energy has a market capitalization of $10.45 billion and generates $866.54 million in revenue each year. The company earns $-1,625,130,000.00 in net income (profit) each year or ($3.30) on an earnings per share basis.
How much oil does Gulfport produce in 2013?
In September, Gulfport lowered its guidance and announced that its third quarter 2013 production will be in the range of 12,250 to 12,750 boepd (29% natural gas, ~15% natural gas liquids, ~56% oil). In fact, Gulfport's production has not risen at all since July 2013, when the production averaged approximately 12,548 boepd.
Is Gulfport a dot com?
Gulfport is the energy analogue of the dot-com bubble. PBV=3.15 but this is a drop in the ocean of Gulfport's gross overvaluation. Gulfport's stock does not deserve to be higher than $19.03/share, based on the key numbers generated by Gulfport's most expensive peers in the energy patch. Meanwhile, these peers beat Gulfport in several additional important parameters as they are great operators, they own oilier acreage, they have a longer operating history, they have asset diversification, their management teams have a proven track record and some pay a very good dividend too. Since Gulfport's stock lies at $67.41, this is clearly one of the most asymmetric risk/reward opportunities of the energy patch.
Who said you only find out who is swimming naked when the tide goes out?
Warren Buffett has said :" You only find out who is swimming naked when the tide goes out". The Utica tide has been abating lately, and several reports from the field have been creating doubts about Utica's ultimate bounty. It seems that Utica will not be a major winner as expected.
