Fintel reports that on August 10, 2023, Keybanc updated their outlook for Gulfport Energy (NYSE: GPOR) from Sector Weight to Overweight. Expert Price Forecast Suggests 17.02% Upside As of August 2, 2023, the typical 1 year cost target for Gulfport Energy is 132.09. The projections vary from a low of 126.25 to a high of $140.70. The typical cost target represents a boost of 17.02% from its most current reported closing cost of 112.88. See our leaderboard of business with the biggest cost target upside. The predicted yearly earnings for Gulfport Energy is 1,564 MM, a decline of 9.33%. The predicted yearly non-GAAP EPS is 25.81. What is the Fund Sentiment? There are 331 funds or organizations reporting positions in Gulfport Energy. This is a boost of 14 owner(s) or 4.42% in the last quarter. Typical portfolio weight of all funds devoted to GPOR is 0.32%, a decline of 2.17%. Overall shares owned by organizations reduced in the last 3 months by 4.13% to 20,374 K shares. The put/call ratio of GPOR is 0.57, suggesting a bullish outlook. What are Other Shareholders Doing? Silver Point Capital holds 8,605 K shares representing 46.07% ownership of the business. No modification in the last quarter. Mackay Shields holds 1,603 K shares representing 8.58% ownership of the business. In it’s previous filing, the company reported owning 2,103 K shares, representing a reduction of 31.17%. The company reduced its portfolio allotment in GPOR by 54.99% over the last quarter. Jpmorgan Chase holds 1,385 K shares representing 7.42% ownership of the business. In it’s previous filing, the company reported owning 1,538 K shares, representing a reduction of 11.03%. The company reduced its portfolio allotment in GPOR by 9.59% over the last quarter. Whitebox Advisors holds 709K shares representing 3.80% ownership of the business. No modification in the last quarter. Pacific Advisors holds 602K shares representing 3.23% ownership of the business. In it’s previous filing, the company reported owning 603K shares, representing a decline of 0.13%. The company increased its portfolio allotment in GPOR by 9.88% over the last quarter. Gulfport Energy Background Information (This description is supplied by the business.) Gulfport Energy is an independent gas and oil business concentrated on the expedition and advancement of gas and oil homes in North America and is among the biggest manufacturers of gas in the adjoining United States. Headquartered in Oklahoma City, Gulfport holds substantial acreage positions in the Utica Shale of Eastern Ohio and the SCOOP Woodford and SCOOP Springer plays in Oklahoma. In addition, Gulfport holds non- core properties that consist of an around 22% equity interest in Mammoth Energy Services, Inc. and has a position in the Alberta Oil Sands in Canada through its 25% interest in Grizzly Oil Sands ULC. Extra reading: Change in Control Severance Agreement. 2 Three months and 6 months ended June 30, 2023 Supplemental Information of Gulfport Energy The undersigned thus concur as follows: GULFPORT ENERGY CORPORATION 1,300,000 Shares of Common Stock Underwriting Agreement This story initially appeared on Fintel. The views and viewpoints revealed herein are the views and viewpoints of the author and do not always show those of Nasdaq, Inc.
