Energy Prospectus

The only news is (S Alpha):

Shah Capital Management has filed an SC 13D/A form with SEC disclosing ownership of 12,266,335 shares of Gulfport Energy (NASDAQ:GPOR).

This represents 7.66% ownership of the company.

Shares +10% premarket.

(Hard to see how this would account for collapse.)

Dan, Gulfport closes @ .35. Any idea why the collapse?

Hard to believe that the oil price editors are so naïve. Maybe it's also, to use your term, "Clickbait" (?)

<<Despite the global overhang in oil inventories and reduced production levels from OPEC+ members, American oil production is on the upswing. Falling from a high of 13.1 million bpd in March prior to the pandemic to an average of 12.7 million bpd for the whole first quarter and then to 10 million bp...

How does this (Saudi) explanation relate to the 7.19% drop in natural gas?

Since last year overproduced natural gas, and since the weather has been cooler, doesn’t this downward production blunt the bullishness of the natural gas forecasts? Or is it a trend?

Thanks. After a Q such as 2Q, It's hard to believe your eyes.

12:44 pm ET
*Gulfport Energy shares are trading lower [.58] after Morgan Stanley maintained an Underweight rating on the stock and lowered its price target from $0.75 to $0.25.
==Benzinga

Bk? Opinions?