Information Provided By:
Fly News Breaks for January 22, 2019
GPOR
Jan 22, 2019 | 05:28 EDT
Imperial Capital analyst Jason Wangler lowered his price target for Gulfport Energy to $14 following the company's Q4 operations update and 2019 capital budget announcements. The analyst maintains an Outperform rating on the shares. Gulfport was able to generate free cash flow in Q4 to repurchase stock as it puts an even greater focus on shareholder returns under new CEO David Wood while looking to maintain a flat production profile in the future, Wangler tells investors in a research note. He believes the company's focus on shareholder returns could drive a considerably lower share count and add value.
News For GPOR From the Last 2 Days
There are no results for your query GPOR