GPOR, this doesn't help
Posted: Thu Mar 23, 2017 9:51 am
Gulfport Energy (GPOR -2.01%) was downgraded to ‘Neutral’ from ‘Buy’ at Goldman Sachs.
Gulfport's production mix for 2017 is expected to be
88% natural gas
8% NGLs
4% Crude Oil with most of it hedged at over $50/bbl
GPOR's share price will be determined by gas prices and well results in SCOOP/STACK
YOY production growth estimated at 47%. If they come close to this number it will be fine.
Credit Suisse published an updated report on GPOR on 3/3/2017. They actually forecast higher 2017 production than what I am using in my forecast/valuation model. If you'd like to see their report send me an e-mail: dmsteffens@comcast.net