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CK Cooper & Company Reiterates Buy, $30 PT on Gulfport Energy Post Reaffirmed Guidance

Related GPOR
Wunderlich Securities Sees Big Utica Growth And Good Pricing As Value Drivers For Gulfport Energy
MLV & Co Sees Better Operating Expenses As Value Driver For Gulfport Energy

CK Cooper & Company maintains its Buy rating and $30 price target on Gulfport Energy (NASDAQ: 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 (NYSE: 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.

Latest Ratings for GPOR

DateFirmActionFromTo
Nov 2014BarclaysMaintainsOverweight
Oct 2014BarclaysMaintainsOverweight
Oct 2014WunderlichMaintainsBuy

View More Analyst Ratings for GPOR
View the Latest Analyst Ratings

Posted-In: CK Cooper & CompanyAnalyst Color Price Target Reiteration Pre-Market Outlook Analyst Ratings

 

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