Gulfport Energy Stock Sees RS Rating Jump To 91: A Top Pick for Investment
June 20, 2023
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Gulfport Energy ($NYSE:GPOR) has seen its Relative Strength Rating jump to 91, making it a top pick for investors looking for the best stocks to purchase and monitor. Relative Strength Rating measures the performance of a stock, comparing it to all other stocks on the market. Gulfport Energy is an independent oil and natural gas exploration and production company whose operations are primarily focused in the United States. It operates in the Utica Shale in eastern Ohio and the Gulf Coast region, including south Louisiana and south Texas.
The company is committed to developing its operations responsibly with a focus on creating value for shareholders, employees, and other stakeholders. It has a strong balance sheet with no significant debt on its books.
Price History
The stock opened at $102.6 and closed at $101.9, down by 0.8% from prior closing price of 102.8. The company is known for its strong production and exploration capabilities, making it an attractive option for those looking to invest in the energy sector. GULFPORT ENERGY‘s impressive performance on Thursday further strengthens its position in the market and makes it a great pick for investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Gulfport Energy. More…
| Total Revenues | Net Income | Net Margin |
| 2.2k | 1.34k | 61.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Gulfport Energy. More…
| Operations | Investing | Financing |
| 789.44 | -506.6 | -285.28 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Gulfport Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.53k | 1.15k | 73.86 |
Key Ratios Snapshot
Some of the financial key ratios for Gulfport Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 32.6% | 126.8% | 71.1% |
| FCF Margin | ROE | ROA |
| 12.6% | 86.9% | 38.8% |
Analysis
GoodWhale recently conducted an analysis of GULFPORT ENERGY‘s wellbeing. After reviewing the Star Chart, GULFPORT ENERGY was classified as ‘rhino’, which we believe is indicative of a company that has achieved moderate revenue or earnings growth. This company may be of interest to a variety of different investors that are looking for companies with growth potential. GULFPORT ENERGY was strong in growth and profitability, but medium in asset and weak in dividend. Additionally, its intermediate health score of 6/10 with regard to its cashflows and debt suggests that it might be able to sustain future operations in times of crisis. More…
Peers
Gulfport Energy Corp competes with a number of other companies, including Byron Energy Ltd, Kolibri Global Energy Inc, and Devin Energy Corp, all of which strive to be the top provider of energy-related services and products. As companies strive to increase their market share and customer base, the competition between Gulfport Energy Corp and its competitors has become fierce.
– Byron Energy Ltd ($ASX:BYE)
Byron Energy Ltd is an oil and gas exploration and production company. It has a market cap of 119.63M as of 2022 and a Return on Equity of 15.55%. The market capitalization of a company is an indicator of its size and reflects the total value of all its outstanding shares. A higher market cap typically indicates that the company has the confidence of investors and is making solid business decisions. The Return on Equity (ROE) measures the rate of return on the investment provided by shareholders. A higher ROE indicates that the company is successfully making use of investor funds and is performing effectively.
– Kolibri Global Energy Inc ($TSX:KEI)
Kolibri Global Energy Inc is an energy company that specializes in producing and distributing renewable energy sources such as solar, wind, and geothermal. The company has a market capitalization of 143.18M as of 2022, which is a reflection of the company’s financial strength and market performance. The company also boasts a Return on Equity (ROE) of 38.16%, which is a measure of the company’s profitability. This high rate of return indicates that investors are confident in the company’s ability to generate profits.
– Devin Energy Corp ($OTCPK:DVNGF)
Devin Energy Corp is an energy company based in Texas that specializes in the exploration and production of natural gas and oil. The company has a market cap of 6.55k as of 2022, which is relatively small compared to other energy companies. Despite its small size, Devin Energy Corp has managed to achieve a Return on Equity (ROE) of 2.58%, which is high compared to the industry average. This indicates that the company is using its equity efficiently and effectively to generate returns for its shareholders.
Summary
Gulfport Energy has earned an RS rating of 91 due to its relative price strength. It is now considered one of the best stocks to buy and watch. Analysts predict that Gulfport Energy will continue to outperform in the stock market, providing investors with an opportunity to experience long-term capital appreciation. Investors should note that although the current market conditions are uncertain, Gulfport Energy is a stock with solid fundamentals and a strong balance sheet that could make it an attractive long-term play.
