CK Cooper & Company maintains its Buy rating and $30 price target on Gulfport Energy GPOR following a company update.
CK Cooper & Company comments, "GPOR provided an operational update with details on May production and a progress report on development activities in the Utica Shale. The current development plan in the Utica is progressing well with two rigs actively drilling and completing wells in the play. Additionally, the company finalized its agreement with MarkWest MWE to provide gas gathering and processing
facilities for GPOR's Utica production. GPOR also re-affirmed production and operational guidance for 2Q12 and 2012."
GPOR closed at $16.98 on Monday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in