Gulfport Energy Corporation (NASDAQ:GPOR) CFO Keri Crowell sold 16,000 shares of the stock in a transaction on Friday, December 15th. The stock was sold at an average price of $12.16, for a total value of $194,560.00. Following the completion of the transaction, the chief financial officer now owns 81,092 shares of the company’s stock, valued at approximately $986,078.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of Gulfport Energy Corporation (NASDAQ:GPOR) opened at $12.54 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57. The company has a market capitalization of $2,196.98, a price-to-earnings ratio of 9.16, a P/E/G ratio of 0.29 and a beta of 0.69. Gulfport Energy Corporation has a 52 week low of $10.90 and a 52 week high of $22.65.
Gulfport Energy (NASDAQ:GPOR) last posted its quarterly earnings data on Wednesday, November 1st. The oil and gas producer reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.03). The company had revenue of $265.50 million for the quarter, compared to analyst estimates of $302.33 million. Gulfport Energy had a net margin of 3.88% and a return on equity of 7.99%. The firm’s revenue was up 37.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 EPS. research analysts expect that Gulfport Energy Corporation will post 1.36 EPS for the current year.
Several institutional investors and hedge funds have recently bought and sold shares of GPOR. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Gulfport Energy by 11.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,756 shares of the oil and gas producer’s stock valued at $100,000 after acquiring an additional 712 shares during the last quarter. Riverhead Capital Management LLC boosted its stake in shares of Gulfport Energy by 76.9% during the second quarter. Riverhead Capital Management LLC now owns 9,553 shares of the oil and gas producer’s stock valued at $141,000 after acquiring an additional 4,153 shares during the last quarter. World Asset Management Inc acquired a new stake in shares of Gulfport Energy during the second quarter valued at $150,000. BKS Advisors LLC acquired a new stake in shares of Gulfport Energy during the third quarter valued at $161,000. Finally, Teacher Retirement System of Texas boosted its stake in shares of Gulfport Energy by 4.2% during the second quarter. Teacher Retirement System of Texas now owns 12,869 shares of the oil and gas producer’s stock valued at $190,000 after acquiring an additional 520 shares during the last quarter. 86.71% of the stock is currently owned by institutional investors and hedge funds.
ILLEGAL ACTIVITY NOTICE: “Gulfport Energy Corporation (GPOR) CFO Sells $194,560.00 in Stock” was first published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another site, it was illegally copied and republished in violation of international copyright and trademark laws. The correct version of this piece can be read at https://www.com-unik.info/2017/12/22/gulfport-energy-corporation-gpor-cfo-sells-194560-00-in-stock.html.
Gulfport Energy Company Profile
Gulfport Energy Corporation is an oil and natural gas exploration and production company. The Company focuses on the exploitation and acquisition of natural gas, natural gas liquids and crude oil in the United States. The Company’s properties are located in the Utica Shale in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB) and Hackberry fields.
Receive News & Ratings for Gulfport Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gulfport Energy and related companies with MarketBeat.com's FREE daily email newsletter.