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Gulfport Energy (GPOR +3.2%) gains after Global Hunter initiates the shares this morning with a...
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Wednesday, November 16, 2011, 11:34 AM ETGulfport Energy (GPOR +3.2%) gains after Global Hunter initiates the shares this morning with a Neutral rating. The firm says the stock has been on a tear recently, due in large part to to the success of its Utica Shale position. However, when you dig deeper into the company you find it also has a strong balance sheet, solid cash flows and is fairly balanced between oil and gas, as well as long-life and short-life reserves.
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