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GPOR

Gulfport EnergyNYSE:GPOR Stock Report

Market Cap

US$1.7b

7D

-5.4%

1Y

n/a

Updated

19 Oct, 2021

Data

Company Financials +
GPOR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health0/6
Dividends0/6

GPOR Overview

Gulfport Energy Corporation engages in the exploration, development, acquisition, and production of natural gas, crude oil, and natural gas liquids (NGL) in the United States.

Gulfport Energy Competitors

Cimarex Energy

NYSE:XEC

US$8.7b

EQT

NYSE:EQT

US$7.7b

Antero Resources

NYSE:AR

US$6.4b

Chesapeake Energy

NasdaqGS:CHK

US$6.1b

Price History & Performance

Summary of all time highs, changes and price drops for Gulfport Energy
Historical stock prices
Current Share PriceUS$82.94
52 Week HighUS$58.71
52 Week LowUS$88.86
Beta0
1 Month Change5.56%
3 Month Change26.14%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO13.69%

Recent News & Updates

Jul 31

Gulfport Energy: Net Debt Could Be Reduced To Around $325 Million By End Of 2022

Gulfport looks capable of reducing its net debt to under $700 million by the end of 2021. It may be able to reduce its net debt to around $325 million by the end of 2022 at current strip prices, reducing its leverage below 0.5x. Value is estimated at $62 to $76 per share in a long-term $65 WTI oil and $3.00 NYMEX gas scenario. A $5 change in oil prices combined with a $0.25 change in natural gas prices affects Gulfport's estimated value by around $13 per share.

Shareholder Returns

GPORUS Oil and GasUS Market
7D-5.4%2.6%4.0%
1Yn/a92.2%30.5%

Return vs Industry: Insufficient data to determine how GPOR performed against the US Oil and Gas industry.

Return vs Market: Insufficient data to determine how GPOR performed against the US Market.

Price Volatility

Is GPOR's price volatile compared to industry and market?
GPOR volatility
GPOR Beta0
Industry Beta1.74
Market Beta1

Stable Share Price: GPOR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: Insufficient data to determine GPOR's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997256Tim Cutthttps://www.gulfportenergy.com

Gulfport Energy Corporation engages in the exploration, development, acquisition, and production of natural gas, crude oil, and natural gas liquids (NGL) in the United States. Its principal properties include Utica Shale covering an area of approximately 193,000 net reservoir acres primarily located in Eastern Ohio; and SCOOP covering an area of approximately 73,000 net reservoir acres primarily located in Oklahoma. As of December 31, 2020, it had 2.6 trillion cubic feet of natural gas equivalent of proved reserves; and proved undeveloped reserves of 7 MMbbl of oil, 923 Bcf of natural gas, and 16 MMbbl of NGL.

Gulfport Energy Fundamentals Summary

How do Gulfport Energy's earnings and revenue compare to its market cap?
GPOR fundamental statistics
Market CapUS$1.71b
Earnings (TTM)-US$506.15m
Revenue (TTM)US$992.71m

1.7x

P/S Ratio

-3.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GPOR income statement (TTM)
RevenueUS$992.71m
Cost of RevenueUS$480.87m
Gross ProfitUS$511.85m
ExpensesUS$1.02b
Earnings-US$506.15m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-24.59
Gross Margin51.56%
Net Profit Margin-50.99%
Debt/Equity Ratio163.8%

How did GPOR perform over the long term?

See historical performance and comparison

Valuation

Is Gulfport Energy undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GPOR ($82.94) is trading below our estimate of fair value ($223.06)

Significantly Below Fair Value: GPOR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GPOR is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

PE vs Market: GPOR is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GPOR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GPOR is overvalued based on its PB Ratio (3.8x) compared to the US Oil and Gas industry average (2.1x).


Future Growth

How is Gulfport Energy forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

86.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GPOR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: GPOR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GPOR's is expected to become profitable in the next 3 years.

Revenue vs Market: GPOR's revenue (12.1% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: GPOR's revenue (12.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GPOR's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Gulfport Energy performed over the past 5 years?

-24.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GPOR is currently unprofitable.

Growing Profit Margin: GPOR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GPOR is unprofitable, and losses have increased over the past 5 years at a rate of 24.2% per year.

Accelerating Growth: Unable to compare GPOR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GPOR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-18.6%).


Return on Equity

High ROE: GPOR has a negative Return on Equity (-99.25%), as it is currently unprofitable.


Financial Health

How is Gulfport Energy's financial position?


Financial Position Analysis

Short Term Liabilities: GPOR's short term assets ($216.8M) do not cover its short term liabilities ($650.6M).

Long Term Liabilities: GPOR's short term assets ($216.8M) do not cover its long term liabilities ($906.7M).


Debt to Equity History and Analysis

Debt Level: GPOR's debt to equity ratio (163.8%) is considered high.

Reducing Debt: GPOR's debt to equity ratio has increased from 50.8% to 163.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GPOR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if GPOR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Gulfport Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GPOR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GPOR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GPOR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GPOR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GPOR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

Tim Cutt (61 yo)

0.42

Tenure

Mr. Timothy J. Cutt, also known as Tim, BS (Petroleum Engineering) had been the Chief Executive Officer, President and a Director at QEP Resources, Inc. since January 15, 2019 until March 17, 2021. He serv...


Leadership Team

Experienced Management: GPOR's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: GPOR's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: GPOR only recently listed within the past 12 months, with total shares outstanding growing by -87.1% in the past year..


Top Shareholders

Company Information

Gulfport Energy Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Gulfport Energy Corporation
  • Ticker: GPOR
  • Exchange: NYSE
  • Founded: 1997
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$1.707b
  • Shares outstanding: 20.59m
  • Website: https://www.gulfportenergy.com

Number of Employees


Location

  • Gulfport Energy Corporation
  • 3001 Quail Springs Parkway
  • Oklahoma City
  • Oklahoma
  • 73134
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 23:37
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.