Energy Opportunities Capital Management LLC Has $3.71 Million Holdings in Gulfport Energy Corporation (GPOR)

Energy Opportunities Capital Management LLC boosted its holdings in shares of Gulfport Energy Corporation (NASDAQ:GPOR) by 0.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 251,230 shares of the oil and gas producer’s stock after acquiring an additional 2,250 shares during the period. Gulfport Energy Corporation accounts for 2.0% of Energy Opportunities Capital Management LLC’s portfolio, making the stock its 19th largest position. Energy Opportunities Capital Management LLC owned 0.14% of Gulfport Energy Corporation worth $3,706,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. TIAA CREF Investment Management LLC grew its holdings in Gulfport Energy Corporation by 7.6% during the 1st quarter. TIAA CREF Investment Management LLC now owns 436,077 shares of the oil and gas producer’s stock worth $7,496,000 after acquiring an additional 30,726 shares during the period. Arizona State Retirement System grew its holdings in Gulfport Energy Corporation by 1.5% during the 2nd quarter. Arizona State Retirement System now owns 67,100 shares of the oil and gas producer’s stock worth $990,000 after acquiring an additional 1,000 shares during the period. Tocqueville Asset Management L.P. grew its holdings in Gulfport Energy Corporation by 65.6% during the 2nd quarter. Tocqueville Asset Management L.P. now owns 25,750 shares of the oil and gas producer’s stock worth $380,000 after acquiring an additional 10,200 shares during the period. Geode Capital Management LLC grew its holdings in Gulfport Energy Corporation by 18.8% during the 1st quarter. Geode Capital Management LLC now owns 1,340,493 shares of the oil and gas producer’s stock worth $23,043,000 after acquiring an additional 211,708 shares during the period. Finally, Utah Retirement Systems grew its holdings in Gulfport Energy Corporation by 27.2% during the 1st quarter. Utah Retirement Systems now owns 29,000 shares of the oil and gas producer’s stock worth $498,000 after acquiring an additional 6,200 shares during the period. 86.65% of the stock is owned by hedge funds and other institutional investors.

Shares of Gulfport Energy Corporation (NASDAQ:GPOR) traded up 0.07% during midday trading on Friday, reaching $14.58. 1,111,755 shares of the company’s stock traded hands. Gulfport Energy Corporation has a 52-week low of $10.90 and a 52-week high of $30.37. The firm’s market cap is $2.67 billion. The company has a 50 day moving average of $13.56 and a 200 day moving average of $14.27.

Gulfport Energy Corporation (NASDAQ:GPOR) last released its quarterly earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.08. Gulfport Energy Corporation had a negative net margin of 15.02% and a positive return on equity of 7.42%. The company had revenue of $323.90 million for the quarter, compared to analyst estimates of $279.59 million. During the same period last year, the firm earned $0.24 earnings per share. The firm’s revenue was up 1052.7% on a year-over-year basis. On average, equities analysts predict that Gulfport Energy Corporation will post $1.40 EPS for the current fiscal year.

A number of equities analysts have recently weighed in on the stock. BidaskClub raised shares of Gulfport Energy Corporation from a “sell” rating to a “hold” rating in a research report on Saturday, August 12th. Scotiabank reissued a “buy” rating and set a $23.00 price target on shares of Gulfport Energy Corporation in a research report on Monday. Stifel Nicolaus reduced their price target on shares of Gulfport Energy Corporation from $21.00 to $18.00 and set a “buy” rating on the stock in a research report on Monday, August 14th. Williams Capital set a $21.00 price target on shares of Gulfport Energy Corporation and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Finally, Mizuho reissued a “buy” rating and set a $23.00 price target on shares of Gulfport Energy Corporation in a research report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and twenty-one have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $23.73.

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Gulfport Energy Corporation Company Profile

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.

Institutional Ownership by Quarter for Gulfport Energy Corporation (NASDAQ:GPOR)

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