It was lately reported that the analysts at KeyBanc have raised their worth goal for Gulfport Vitality Company (NYSE:GPOR). Let’s shed some gentle on the event.
A crew of staff drilling down into the earth in quest of new petroleum sources.
Gulfport Vitality Company (NYSE:GPOR) is an impartial pure gas-weighted exploration and manufacturing firm targeted on the exploration, acquisition, and manufacturing of pure fuel, crude oil, and NGL within the US. The corporate holds a large acreage place totaling roughly 73,000 web reservoir acres within the core of the SCOOP.
On Might 23, 2025, analysts at KeyBanc Capital Markets raised their worth goal for Gulfport Vitality Company (NYSE:GPOR) from $205 to $215, whereas sustaining an Chubby ranking for the inventory. The revised goal comes because of Gulfport’s earnings report for its first quarter of 2025, the place the corporate revealed that its most popular fairness shares have been decreased from 3.1 million to 2.3 million, successfully reducing its enterprise worth by roughly $200 million.
Michael Hodges, Govt Vice President and CFO of Gulfport Vitality Company (NYSE:GPOR), acknowledged within the firm’s Q1 earnings name:
“We proceed to view share repurchases as a compelling capital allocation alternative and throughout the first quarter we repurchased 341,000 shares of widespread inventory for about $60 million and because the inception of this system, now we have repurchased roughly 5.9 million shares of our widespread inventory at a median worth of $108.99 reducing our share rely by roughly 17% at a weighted common worth that’s 40% under our present share worth.
KeyBanc has elevated its projections for Gulfport Vitality Company (NYSE:GPOR)’s share repurchases in 2025 and 2026 to $320 million and $350 million, respectively. The analysts additionally anticipate that the corporate will have interaction in discretionary acreage acquisitions in 2025, estimated at $60 million. It have to be famous that Gulfport has already forecasted its common each day pure fuel manufacturing to extend roughly 20% by the fourth quarter of 2025, when in comparison with Q1 ranges.
It was lately reported that the analysts at KeyBanc have raised their worth goal for Gulfport Vitality Company (NYSE:GPOR). Let’s shed some gentle on the event.
A crew of staff drilling down into the earth in quest of new petroleum sources.
Gulfport Vitality Company (NYSE:GPOR) is an impartial pure gas-weighted exploration and manufacturing firm targeted on the exploration, acquisition, and manufacturing of pure fuel, crude oil, and NGL within the US. The corporate holds a large acreage place totaling roughly 73,000 web reservoir acres within the core of the SCOOP.
On Might 23, 2025, analysts at KeyBanc Capital Markets raised their worth goal for Gulfport Vitality Company (NYSE:GPOR) from $205 to $215, whereas sustaining an Chubby ranking for the inventory. The revised goal comes because of Gulfport’s earnings report for its first quarter of 2025, the place the corporate revealed that its most popular fairness shares have been decreased from 3.1 million to 2.3 million, successfully reducing its enterprise worth by roughly $200 million.
Michael Hodges, Govt Vice President and CFO of Gulfport Vitality Company (NYSE:GPOR), acknowledged within the firm’s Q1 earnings name:
“We proceed to view share repurchases as a compelling capital allocation alternative and throughout the first quarter we repurchased 341,000 shares of widespread inventory for about $60 million and because the inception of this system, now we have repurchased roughly 5.9 million shares of our widespread inventory at a median worth of $108.99 reducing our share rely by roughly 17% at a weighted common worth that’s 40% under our present share worth.
KeyBanc has elevated its projections for Gulfport Vitality Company (NYSE:GPOR)’s share repurchases in 2025 and 2026 to $320 million and $350 million, respectively. The analysts additionally anticipate that the corporate will have interaction in discretionary acreage acquisitions in 2025, estimated at $60 million. It have to be famous that Gulfport has already forecasted its common each day pure fuel manufacturing to extend roughly 20% by the fourth quarter of 2025, when in comparison with Q1 ranges.
