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GPOR
Posted: Fri Feb 05, 2016 11:23 am
by dan_s
Gulfport Energy Corporation Reports 83% Increase in Total Proved Reserves to 1.7 Tcfe, Provides Fourth Quarter 2015 Operational Update
http://www.oilandgas360.com/gulfport-en ... dium=email
Re: GPOR
Posted: Sun Feb 07, 2016 5:46 pm
by dan_s
I received a new report on GPOR from Stifel. Their Net Asset Valuation is $43/share.
Re: GPOR
Posted: Sun Feb 07, 2016 6:46 pm
by dan_s
Financial Position and Liquidity
As of December 31, 2015, Gulfport had cash on hand of approximately $113.0 million. In addition, as of December 31, 2015, Gulfport’s revolving credit facility of $700 million was undrawn with outstanding letters of credit totaling $178.6 million.
4th quarter production came in above my forecast. Except for the crappy gas prices in Q4, the operations report was very good.