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Gastar Exploration +11% on STACK optimism

Dec. 21, 2016 10:57 AM ETGastar Exploration Inc. (GST) StockGSTBy: Carl Surran, SA News Editor5 Comments
  • Gastar Exploration (GST +10.5%) surges to seven-month highs, capping a 22% burst over the past four trading sessions.
  • The market is recognizing the Oklahoma STACK, where GST is a leading producer, as a “premier play,” CFO Mike Gerlich tells Bloomberg.
  • GST may rise on a potential sale of closely held STACK driller Staghorn Petroleum, according to Canaccord Genuity analyst Stephen Berman.

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