Gulfport Energy Co. (OTCMKTS:GPORQ – Get Free Report) shares traded down 1.1% on Thursday. The stock traded as low as $150.36 and last traded at $150.48. 278,916 shares changed hands during trading, a decline of 89% from the average daily volume of 2,578,359 shares. The stock had previously closed at $152.17.
Gulfport Energy Price Performance
The business’s fifty day moving average price is $166.84 and its 200 day moving average price is $175.38. The stock has a market cap of $24.65 billion, a P/E ratio of -22.35 and a beta of 5.50.
Gulfport Energy Company Profile
Gulfport Energy Corporation is an independent exploration and production company focused on developing and producing oil and natural gas in the United States. Its operations have been concentrated in the Appalachian Basin, particularly the Utica and Marcellus shale plays in eastern Ohio.
The company’s principal products include natural gas, natural gas liquids and condensate. Gulfport has developed these resources through horizontal drilling and hydraulic fracturing and has marketed its production through regional pipeline and processing infrastructure.
Founded in 1997, Gulfport Energy experienced significant financial difficulties and filed for Chapter 11 bankruptcy protection in 2020.
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