Gulfport Energy Corporation (NASDAQ:GPOR) saw some unusual options trading activity on Wednesday. Stock investors purchased 5,045 call options on the stock. This is an increase of approximately Infinity compared to the typical daily volume of 0 call options.

Shares of Gulfport Energy Corporation (NASDAQ:GPOR) opened at $13.29 on Friday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. Gulfport Energy Corporation has a fifty-two week low of $10.90 and a fifty-two week high of $29.92. The stock has a market cap of $2,360.00, a P/E ratio of 9.68, a PEG ratio of 0.31 and a beta of 0.69.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its quarterly earnings data on Wednesday, November 1st. The oil and gas producer reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.03). Gulfport Energy Corporation had a net margin of 3.88% and a return on equity of 7.99%. The business had revenue of $265.50 million during the quarter, compared to analyst estimates of $302.33 million. During the same quarter last year, the business earned $0.16 earnings per share. Gulfport Energy Corporation’s revenue for the quarter was up 37.1% on a year-over-year basis. sell-side analysts predict that Gulfport Energy Corporation will post 1.37 EPS for the current fiscal year.

GPOR has been the topic of several recent analyst reports. Morgan Stanley lifted their price objective on shares of Gulfport Energy Corporation from $12.00 to $13.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 18th. Jefferies Group LLC set a $20.00 price objective on shares of Gulfport Energy Corporation and gave the stock a “buy” rating in a research note on Tuesday, August 29th. Mizuho reissued a “buy” rating and set a $23.00 price objective on shares of Gulfport Energy Corporation in a research note on Wednesday, October 4th. Scotiabank reissued a “buy” rating and set a $23.00 price objective on shares of Gulfport Energy Corporation in a research note on Monday, October 9th. Finally, Williams Capital set a $21.00 price objective on shares of Gulfport Energy Corporation and gave the stock a “buy” rating in a research note on Monday, July 31st. One analyst has rated the stock with a sell rating, six have given a hold rating and twenty have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $22.83.

Several hedge funds and other institutional investors have recently bought and sold shares of GPOR. OppenheimerFunds Inc. raised its holdings in shares of Gulfport Energy Corporation by 3.6% in the first quarter. OppenheimerFunds Inc. now owns 22,074 shares of the oil and gas producer’s stock valued at $379,000 after purchasing an additional 763 shares during the last quarter. FMR LLC raised its holdings in shares of Gulfport Energy Corporation by 30.1% in the first quarter. FMR LLC now owns 342,506 shares of the oil and gas producer’s stock valued at $5,888,000 after purchasing an additional 79,224 shares during the last quarter. Teachers Advisors LLC raised its holdings in shares of Gulfport Energy Corporation by 38.7% in the first quarter. Teachers Advisors LLC now owns 182,135 shares of the oil and gas producer’s stock valued at $3,131,000 after purchasing an additional 50,811 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Gulfport Energy Corporation by 57.8% in the first quarter. Legal & General Group Plc now owns 101,692 shares of the oil and gas producer’s stock valued at $1,748,000 after purchasing an additional 37,233 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Gulfport Energy Corporation by 14.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,466,276 shares of the oil and gas producer’s stock valued at $25,204,000 after purchasing an additional 188,432 shares during the last quarter. Institutional investors own 84.80% of the company’s stock.

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About Gulfport Energy Corporation

Gulfport Energy Corporation is an oil and natural gas exploration and production company. The Company focuses on the exploitation and acquisition of natural gas, natural gas liquids and crude oil in the United States. The Company’s properties are located in the Utica Shale in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB) and Hackberry fields.

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