On September 27, 2024, 12:38 PM EST, Gulfport Energy (GPOR, Financial) experienced significant stock movement, with prices jumping 5.09%. At the time of reporting, the stock was priced at $152.97 per share, with a trading volume of 61,470 shares, a turnover rate of 0.34%, and a price volatility of 3.67%.
Recent financial reports indicate that Gulfport Energy generated $107 million in revenue, with a net loss of $26.21 million, translating to an earnings per share of -$1.51. The company's gross profit was -$81.47 million, and the price-to-earnings ratio stood at 3.82.
Regarding institutional ratings, out of 10 institutions that provided ratings, 80% recommended buying the stock, while 20% suggested holding it, with none advising to sell.
The oil and gas exploration industry, where Gulfport Energy operates, saw an overall increase of 1.43%. Within the sector, notable gainers included Borr Drilling Limited, Gulfport Energy, and Apache Corporation. Active stocks in the industry comprised Tellurian Inc., Indonesia Energy Corporation Limited, and Nabors Industries with turnover rates of 4.22%, 2.67%, and 2.19% respectively. Stocks with significant volatility included San Juan Basin Royalty Trust, American Energy, and Trio Petroleum Corp., with price swings of 7.46%, 6.72%, and 5.39%.
Gulfport Energy Corp is an independent exploration and development company operating through assets in the Utica Shale and the SCOOP region. The Utica Shale spans regions in the U.S. and Canada within the Appalachian Basin, while the SCOOP (South Central Oklahoma Oil Province) is located in the southeast of Oklahoma's prolific Anadarko Basin.
