Insider Activity to Watch: Gulfport Energy Corporation $GPOR

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Gulfport Energy Corporation (GPOR) insider have most recently took part in a trading activity. On Nov 30, 2017 Westerman Paul D, Director bought 10,000 shares having total worth of $127,500 at the price of $12.75 per share, following the transaction a total of 15,488 shares owned by Westerman Paul D.

Shares of Gulfport Energy Corporation (GPOR) traded up 2.73% on Dec 1, 2017, hitting $13.15. 2,907,232 shares of the company’s stock traded hands. Gulfport Energy Corporation has a 52 week low of $11 and a 52 week high of $32.55. The company’s market cap is $3,290 million.

Gulfport Energy Corporation (GPOR) last announced its earnings results on Nov 1, 2017. The company reported 0.32 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.33 by $0.01. The company had revenue of $266 million for the quarter, compared to the consensus estimate of $305 million. During the same quarter in the previous year, the company posted 0.16 earnings per share. The company’s revenue for the quarter was up 37% on a year-over-year basis.

2017-11-01 2017-08-08 2017-05-08 2017-02-13 2016-11-02 2016-08-03 2016-05-04 2016-02-24 2015-11-04 2015-08-05
earnings per share 0.32 0.33 0.32 0.34 0.16 0.24 0.14 -0.01 -0.08 0.00
Revenue(M) 265.5 323.95 333 63.42 193.69 0 156.96 165.4 230.57 112.27

Gulfport Energy Corporation is an oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast in the West Cote Blanche Bay, or WCBB, and Hackberry fields, and in West Texas in the Permian Basin. The company holds positions in Canada, Thailand, and Montana. During 2010, it acquired its initial acreage position in the Niobrara Formation of northwestern Colorado and, during 2011; it acquired its initial acreage position in the Utica Shale in Eastern Ohio. Of the 21 new wells drilled at WCBB in 2011, 19 were completed as producing wells, one was non-productive and one was waiting on completion. In the fourth quarter of 2011, production at WCBB was 362,996 net barrels of oil equivalent, or BOE, or an average of 3,946 BOE per day, 96% of which was from oil and 4% of which was from natural gas. From January 1, 2012 through January 31, 2012, its average net daily production at WCBB was 3,705 BOE, 96% of which was from oil and 4% of which was from natural gas. During 2012, it currently anticipates drilling 22 to 24 wells and recompleting 60 wells at WCBB field. The company recently spuds its first well on its Utica Shale acreage and expects to drill approximately 20 gross (ten net) wells during 2012. Oil and natural gas operations such as ours are subject to various types of legislation, regulation and other legal requirements enacted by governmental authorities. This legislation and regulation affecting the oil and natural gas industry is under constant review for amendment or expansion.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.