Gulfport Energy Co. (OTCMKTS:GPORQ – Get Free Report)’s share price crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $166.87 and traded as high as $169.51. Gulfport Energy shares last traded at $169.51, with a volume of 297,837 shares.
Gulfport Energy Stock Performance
The stock has a market cap of $26.56 billion, a price-to-earnings ratio of -24.08 and a beta of 5.50. The business’s fifty day simple moving average is $166.61 and its 200 day simple moving average is $178.85.
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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