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Stock Market & Financial Investment News

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April 16, 2014
08:09 EDTGPORGulfport Energy price target raised to $100 from $85 at Wunderlich
Wunderlich raised its price target on Gulfport Energy to $100 following last week's positive production figures and the company's first production in Canada. The firm, which keeps its Buy rating on the stock, also said the company's balance sheet was strengthened by the increased line of credit Gulfport announced last week.
News For GPOR From The Last 14 Days
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July 30, 2014
08:08 EDTGPORGulfport Energy announces firm transportation agreement with Rockies Express
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08:07 EDTGPORGulfport Energy, Rice Energy in LOI for gas gathering pipelines
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08:05 EDTGPORGulfport Energy reports Q2 production 26,725 BOEPD
Gulfport produced oil and natural gas sales volumes of 2,431,955 barrels of oil equivalent, or 26,725 barrels of oil equivalent per day, in line with the company's previously estimated guidance of approximately 27,100 BOEPD. For Q2, net production was 709,484 barrels of oil, 8,972,137 thousand cubic feet of natural gas and 9,538,843 gallons of natural gas liquids. Before the impact of derivatives, realized prices for Q2 were $99.40 per barrel of oil, $4.43 per MCF of natural gas and $1.14 per gallon of NGL, for a total equivalent of $49.81 per BOE. Gulfport's Q2 natural gas realized price before the impact of derivatives of $4.43 per Mcf represents a price realization of approximately 95% of the NYMEX settlement prices for the second quarter.

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