GPOR

Gulfport Energy Corp

Energy


Presented:09/24/2015
Price:$31.13
Cap:$3.01B
Current Price:$144.73
Cap:$2.62B

Presented

Date09/24/2015
Price$31.13
Market Cap$3.01B
Ent Value$4.18B
P/E Ratio23.23x
Book Value$30.20
Div Yield0%
Shares O/S96.66M
Ave Daily Vol1,895,962
Short Int3.44%

Current

Price$144.73
Market Cap$2.62B
Gulfport Energy Corp. is an independent oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast. Its operational areas include West Cote Blanche Bay, Hackberry, Canadian Oil Sands, Thailand, and Niobrara Shale. The company was founded on July 11, 1997 and is headquartered in Oklahoma City, OK.

Publicly traded companies mentioned herein: Cabot Oil & Gas Corporation (COG), EQT Corporation (EQT), Range Resources Gulfport Energy Corp (GPOR)

Highlights

The presenter likes the setup for shares of Gulfport Energy (GPOR) and sees the potential for the stock to appreciate meaningfully over the next 24-36 months. He thinks the company’s recent acquisitions in the Utica were good moves and said the E&P is building an asset base similar to that of Cabot Oil & Gas, “only without the takeaway issues, and at just ~25% of the total EV (at ~$31/ share, GPOR’s EV is just under $4 billion).” Cabot is producing ~1.8 bcf today and the presenter thinks GPOR can increase production to near that level by 2018 and may ultimately become a “marquis” gas name.

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Idea Discussion

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