GPOR Stock Forecast & Price Target

Gulfport Energy Corp has demonstrated significant production growth in its Appalachian assets, experiencing an increase in oil production from approximately 550 barrels per day to 6,100 barrels per day and NGL production rising from roughly 2,400 BPD to 5,000 BPD over the past two years. This growth trajectory is expected to continue, with forecasts indicating that oil production could reach 8,000 BOPD by the fourth quarter of 2026, particularly due to a strategic shift towards its oilier and more liquids-rich western flank. Additionally, the reduction in preferred equity is likely to enhance the company's valuation, signaling improved financial health and stronger returns from drilling in the more lucrative areas of the Utica basin compared to the drier regions.

Gulfport Energy's stock is under pressure, reflecting a significant decline of -13.6% year-to-date, which is notably worse than the broader E&P sector that has also experienced downturns of -7.1% over the past month and -5.4% over the last three months. The company's ability to add production has come at a high cost, with an adjusted production cost of under $24,000 per BOEPD over the last six quarters, raising concerns about operational efficiency. Additionally, a reported decline in share value from approximately $609 million to $448 million in the first quarter of 2025, combined with production challenges in Appalachia due to midstream outages, reinforces a negative outlook on the company’s financial health.