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Stock impact report

Analyst Downgrades Gulfport Energy (GPOR) to ‘Peer Perform' [Yahoo! Finance]

Gulfport Energy Corporation Common Shares (GPOR) 
Last gulfport energy corporation common shares earnings: 2/27 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gulfportenergy.com
Company Research Source: Yahoo! Finance
Gulfport Energy Corporation (NYSE:GPOR) is an independent natural gas-weighted exploration and production company with assets primarily located in the Appalachia and Anadarko basins. Gulfport Energy Corporation (NYSE:GPOR) took a hit on January 5 when Wolfe Research downgraded the stock from ‘Outperform' to ‘Peer Perform', without assigning the stock a price target. The downgrade comes as Wolfe trimmed its long-term natural gas price estimates by 25 cents to $4 per thousand cubic feet (mcf). The analyst now sees ‘no compelling reason' why investors should prefer GPOR over its peers and believes that the stock is trading near fair value. Gulfport Energy Corporation (NYSE:GPOR) also came under pressure when the US natural gas futures plunged to a 10-week low of $3.35 on January 6, driven by forecasts pointing to warmer temperatures and hence a lower demand for heating. While we acknowledge the potential of GPOR as an investment, we believe certain AI stocks offer greater upside p Show less Read more
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