Street Calls of the Week
David D. Wolf, a director at Gulfport Energy (OTC:GPORQ) Corp. (NASDAQ:GPOR), recently sold a portion of his holdings in the company. On May 12, 2025, Wolf sold 1,927 shares of Gulfport Energy’s common stock at a price of $194 per share. The total value of this transaction amounted to $373,838. The sale comes as GPOR trades near its 52-week high of $201.18, having delivered a strong 31% return over the past year. InvestingPro analysis reveals that while this director is selling, management has been actively buying back shares. Following this sale, Wolf retains ownership of 5,217 shares in the company. This sale was executed as a direct transaction, and no equity swaps were involved. With a market capitalization of $3.52 billion, analysts maintain a bullish outlook on GPOR, setting price targets ranging from $193 to $257 per share. For comprehensive insider trading analysis and 12 additional exclusive insights, visit InvestingPro.
In other recent news, Gulfport Energy reported its Q1 2025 earnings, exceeding expectations with an EPS of $5.61, surpassing the forecasted $5.20. However, the company did not meet its revenue projections, reporting $255.95 million against an anticipated $325 million. Despite the revenue miss, Gulfport Energy highlighted improvements in operational efficiency and cost reductions, which are expected to bolster future performance. The company is focusing on strategic shifts towards dry gas development, anticipating significant production growth. Analysts noted the company’s strong liquidity position and positive future guidance on EPS and production growth. Additionally, Gulfport Energy’s stock performance was positively influenced by the earnings announcement, reflecting investor confidence. The company also emphasized its commitment to maintaining low leverage and strong liquidity to support future growth. Looking ahead, Gulfport Energy has set its full-year production guidance at 1.04 to 1.065 Bcfe/day, with operated drilling and completion capital between $335 and $355 million.
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