Gulfport Energy Provides Operational Update; Shares Dip 5%

By
A A A

Gulfport Energy Corp. ( GPOR ) today provided an operational update for its Q4 2012.

For Q4 2012, net production was 540,558 barrels of oil, 366,258 thousand cubic feet of natural gas and 289,728 gallons of natural gas liquids, or 608,499 BOE.

GPOR reported year-end 2012 total proved reserves of 13.88 million BOE, consisting of 8.25 million barrels of oil and 33.77 billion cubic feet of natural gas. At year-end 2012, 59.8% of the company's proved reserves were classified as proved developed reserves.

GPOR is slated to release its Q4 and full-year 2012 results Tuesday, February 26.

GPOR is down 5.0% at $40.17, pulling back from a day's high near the top of the stock's 52-week range of $15.79 - $42.75.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: GPOR

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

100%

Most Active by Volume

65,878,391
  • $102.25 ▲ 0.12%
60,267,006
  • $16.01 ▼ 1.17%
45,656,511
  • $13.11 ▼ 4.17%
34,766,553
  • $49.43 ▲ 2.85%
34,661,727
  • $3.60 ▲ 0.28%
29,041,259
  • $19.12 ▼ 0.47%
21,343,464
  • $73.855 ▼ 1.04%
19,552,720
  • $10.85 ▼ 3.13%
As of 8/28/2014, 04:03 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com