Gulfport Energy Co. (OTCMKTS:GPORQ – Get Free Report)’s share price traded up 1.6% on Friday. The company traded as high as $161.94 and last traded at $160.50. 472,455 shares changed hands during trading, a decline of 82% from the average session volume of 2,578,359 shares. The stock had previously closed at $158.01.
Gulfport Energy Stock Up 1.6%
The company’s fifty day moving average is $167.22 and its 200-day moving average is $170.69. The company has a market cap of $25.80 billion, a PE ratio of -23.40 and a beta of 5.50.
About Gulfport Energy
Gulfport Energy Corporation is an independent exploration and production company focused on developing oil and natural gas resources in the Appalachian Basin. Its operations have been concentrated primarily in eastern Ohio, where the company holds acreage in the Utica and Marcellus shale formations.
The company produces natural gas, condensate, natural gas liquids and crude oil. Its activities include leasing mineral interests, drilling and completing horizontal wells, operating production infrastructure, and marketing hydrocarbons to customers and midstream partners.
Gulfport Energy was founded in 1997 and historically expanded through its focus on unconventional shale resources, particularly in the Utica play.
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