Gulfport Energy's (GPOR +7%) second strong well result from the Utica shale and the negligible...


Gulfport Energy's (GPOR +7%) second strong well result from the Utica shale and the negligible Gulf Coast oil production interruption from Hurricane Isaac bode well for its Q3 earnings outlook, Sidoti says in initiating coverage with a Buy rating and $37 target price. Initial production from the second Utica well lagged the first well, but the oil contribution was much higher.

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