From Yahoo Finance: 2025-05-23 23:22:00

KeyBanc analysts raise price target for Gulfport Energy Corporation (NYSE: GPOR) from $205 to $215 following Q1 earnings report. Gulfport reduced preferred equity shares from 3.1 million to 2.3 million, lowering enterprise value by $200 million. CFO Michael Hodges highlights share repurchases as a capital allocation strategy, with 5.9 million shares repurchased since program inception. KeyBanc projects $320 million and $350 million in share repurchases for 2025 and 2026, respectively, and anticipates $60 million in acreage acquisitions. Gulfport forecasts a 20% increase in average daily natural gas production by Q4 2025 compared to Q1 levels.



Read more at Yahoo Finance: Gulfport Energy (GPOR) Price Target Raised at KeyBanc