Stock BuybacksBy The Online Investor Staff, updated Sun., Jan. 20, 7:37 AM
|This Slide: #2 of 25|
Slide #2. Gulfport Energy Corporation
Gulfport Energy Corporation (NASDAQ:GPOR)
Gulfport Energy Corporation (NASDAQ: GPOR) ("Gulfport" or the "Company") today announced its 2019 capital budget, its 2019 operational outlook and that its board of directors has approved a new stock repurchase program to acquire up to $400 million of its outstanding common stock within the next 24 months.
Gulfport Energy is an oil and gas exploration, development and production company with its principal properties located in the Utica Shale primarily in Eastern Ohio and the SCOOP Woodford and SCOOP Springer plays in Oklahoma. Co. also holds an acreage position along the Louisiana Gulf Coast in the West Cote Blanche Bay and Hackberry fields and has an interest in producing properties in Northwestern Colorado in the Niobrara Formation and in Western North Dakota in the Bakken Formation, and has investments in companies operating in the U.S., Canada and Thailand. As of Dec 31 2017, Co. had 5,394,851,000,000 cubic feet equivalent of proved reserves.
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Buy (2.82 out of 4)
(ranked lower than approx. 73% of all stocks covered)
Based on Zacks ABR data;
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