Gulfport Energy Corp

The natural gas rig count rose by four to 187 in the week ended September 8, 2017. On a YoY basis, the natural gas rig count more than doubled that week.

WPX Energy had the lowest correlation with natural gas prices in the past five trading sessions. Southwestern Energy had among the highest correlations.

On December 29, the natural gas rig count was 88.7% below its record high of 1,606 in 2008. However, natural gas supplies have risen drastically since 2008.

US crude oil production  According to the EIA (U.S. Energy Information Administration), US crude oil production rose 13,000 bpd (barrels per day) to 9,658,000 bpd between November 10 and 17, 2017. Production, which rose for the fifth straight week, has been pressuring oil (SCO) prices in the last few weeks. Production has risen 977,000 bpd (11.3%) year-over-year. Any […]

As of the first quarter, Sandridge Energy’s (SD) EV-to-adjusted EBITDA ratio was ~2.77x. The company has a market capitalization of $529.83 million.

Aegent Energy Advisors predicts that US natural gas prices might not exceed $3.18 per MMBtu by December 2017.

From February 17–27, 2017, natural gas futures contracts for April 2017 delivery fell 8.8%. On March 3, 2016, natural gas futures touched a 17-year low.

Crude oil’s (USO) (OIIL) implied volatility was 41.3% on July 8, 2016.

The EIA will publish the weekly natural gas in storage report on June 11. US commercial natural gas inventories rose by 132 Bcf for the week ending May 29.

A larger-than-expected withdrawal in US natural gas inventories compared to historical averages would help natural gas prices this week.

For 9M17 (the first nine months of 2017), Gulfport Energy (GPOR) had normalized FCF (free cash flow) of -336%, the fourth lowest among the upstream producers we have been tracking.

US dry natural gas production was flat at 76.1 Bcf (billion cubic feet) per day on December 7–13, 2017, according to PointLogic.

Antero Resources (AR) and Gulfport Energy (GPOR) are among the natural gas–weighted stocks that had the highest correlations with natural gas prices in the trailing week.

Baker Hughes is scheduled to release its weekly US oil and gas rig report on October 27, 2017.

Chesapeake Energy stock (CHK) has fallen for most of this year. It picked up slightly in April but wasn’t able to hold those levels.

Recommendations Currently, 30 analysts cover Marathon Oil (MRO). They’ve given six “strong buy,” six “buy,” 17 “hold,” and one “sell” recommendation on the stock. There were no “strong sell” recommendations. Target price Analysts’ median target price for MRO is $20, which is ~25% higher than the closing price of $16.05 on February 9, 2017. The mean […]

After losing ~84% of its market capitalization between September 2014 and February 2016, Marathon Oil’s stock price has begun to show signs of new uptrends.

Natural gas’s (UNG) (GASL) (GASX) implied volatility was 40.0% on July 22, 2016. Its 15-day average implied volatility is 42.5%.

When El-Niño occurs, it keeps the sea surfaces warmer. This causes milder-than-normal cold temperatures across the sea and some parts of the US.