Gulfport Energy Corp (GPOR) Receives a Buy from Williams Capital


Williams Capital analyst Gabriele Sorbara maintained a Buy rating on Gulfport Energy Corp (GPOR) today and set a price target of $15. The company’s shares closed yesterday at $9.75.

According to TipRanks.com, Sorbara has 0 stars on 0-5 star ranking scale with an average return of -8.0% and a 35.4% success rate. Sorbara covers the Basic Materials sector, focusing on stocks such as Extraction Oil & Gas, Oasis Petroleum Inc, and Carrizo Oil & Gas.

Gulfport Energy Corp has an analyst consensus of Moderate Buy, with a price target consensus of $12.81, a 31.4% upside from current levels. In a report issued on November 27, SunTrust Robinson also maintained a Buy rating on the stock with a $15 price target.

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Based on Gulfport Energy Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $95.15 million. In comparison, last year the company had a net profit of $18.24 million.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GPOR in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Gulfport Energy Corp. is an independent oil natural gas exploration and production company. It focuses on the exploration, exploitation, acquisition and production of natural gas, natural gas liquids, and crude oil in the United States. Its principal producing properties located along the Louisiana Gulf Coast.

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