GPOR Target Prices Raised

Post Reply
dan_s
Posts: 37321
Joined: Fri Apr 23, 2010 8:22 am

GPOR Target Prices Raised

Post by dan_s »

Capital One upgraded Gulfport Energy based on Utica dry gas development and potential for tighter down spacing. Price target raised to $85 from $79.
Dan Steffens
Energy Prospectus Group
setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

Re: GPOR Target Prices Raised

Post by setliff »

Gulfport Energy Corp sets a new 52-week high 09/04 10:34 AM

--------------------------------------------------------------------------------

Gulfport Energy Corp (GPOR:$61.99,00$2.25,003.77%) crossed above its 52-week high of $61.46 on 11:34 AM ET on September 04, 2013.
setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

Re: GPOR Target Prices Raised

Post by setliff »

Gulfport Energy moves higher after favorable analyst initiations • 2:59 PM

-Gulfport Energy (GPOR +3.8%) advances after shares are initiated at Overweight/Outperform at Barclays and Wells Fargo.

-Barclays says GPOR's shale position could drive significant volume growth over the next several years; coupled with a strong liquidity position, the company appears poised to deliver that growth to equity owners. PT is $71.

-Wells Fargo views GPOR as a de facto Utica pure play that gives investors exposure to what is quickly becoming a world-class asset, with GPOR's core asset located in the southern Utica in what it believes to be the sweet spot of the play.

http://seekingalpha.com/currents/post/1 ... c_readmore
Post Reply