Thursday, June 19, 2014

Is Gulfport Energy's 250% Production Growth Enough to Keep Investors Happy?


Gulfport Energy Corp (NASDAQ: GPOR  ) stands out in the exploration and production sector with forecasted growth for 2014 in the 250% range. The incredible part is that the stock collapsed around 20% back in May due to expectations for much higher growth.

The company is a leading pure-play in the Utica Shale with several other interesting investment positions, yet it has one glaring problem, especially considering the rich valuation of over $5.5 billion. The company has favorable production growth compared to other pure-plays such as Rice Energy (NYSE: RICE  ) in the Marcellus Shale and Diamondback Energy (NASDAQ: FANG  ) in the Permian Basin, but it is lacking in some of the more important areas.

Read the full article here.

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