Shares of Gulfport Energy Co. (OTCMKTS:GPORQ – Get Free Report) dropped 3.4% on Wednesday . The company traded as low as $172.07 and last traded at $172.24. Approximately 332,632 shares changed hands during trading, a decline of 87% from the average daily volume of 2,578,359 shares. The stock had previously closed at $178.22.
Gulfport Energy Stock Performance
The firm has a market capitalization of $27.39 billion, a price-to-earnings ratio of -24.83 and a beta of 5.50. The business has a fifty day moving average of $193.62 and a two-hundred day moving average of $199.20.
About Gulfport Energy
Gulfport Energy is an independent oil and natural gas company engaged in the exploration, development and production of hydrocarbon reserves. The company’s activities focus on locating and developing onshore resources and converting discovered volumes into produced natural gas, natural gas liquids (NGLs) and oil for sale into domestic energy markets. Its operational work includes lease acquisition, drilling, well completion and production optimization aimed at maximizing recovery from its acreage positions.
Gulfport serves U.S.
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