William Blair analyst Neal Dingmann has maintained their bullish stance on GPOR stock, giving a Buy rating on October 23.
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Neal Dingmann has given his Buy rating due to a combination of factors that highlight Gulfport Energy’s strategic financial maneuvers and potential for future growth. The company reported an EBITDA that surpassed market expectations, despite higher spending leading to lower free cash flow. This increased spending is primarily directed towards discretionary projects and asset development, which are expected to drive growth in 2026.
Furthermore, Gulfport Energy has maintained its solid shareholder return strategy, which includes stock repurchases. The company expanded its prospective Marcellus inventory, indicating a positive outlook for future production. Although the shares might underperform in the short term due to increased capital expenditure, the investments are anticipated to yield benefits in the near term, supporting the Buy rating.
In another report released on October 23, Jefferies also initiated coverage with a Buy rating on the stock with a $250.00 price target.