Siebert Williams Shank & Co Reaffirms Their Buy Rating on Gulfport Energy (GPOR)
Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Buy rating on Gulfport Energy on March 6 and set a price target of $265.00.
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According to TipRanks, Sorbara is a 5-star analyst with an average return of 17.0% and a 66.80% success rate. Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and Ovintiv.
In addition to Siebert Williams Shank & Co, Gulfport Energy also received a Buy from UBS’s Josh Silverstein in a report issued on March 5. However, on February 26, Roth MKM maintained a Hold rating on Gulfport Energy (NYSE: GPOR).
Based on Gulfport Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $555.18 million and a net profit of $132.42 million. In comparison, last year the company earned a revenue of $284.83 million and had a GAAP net loss of $273.24 million
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GPOR in relation to earlier this year. Earlier this month, Timothy J. Cutt, a Director at GPOR sold 2,500.00 shares for a total of $522,825.00.
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