GPOR Stock Forecast & Price Target

Gulfport Energy has demonstrated significant production growth in its Appalachian assets, with oil production increasing from approximately 550 barrels per day (BPD) to 6,100 BPD, and natural gas liquids (NGL) production rising from around 2,400 BPD to 5,000 BPD. The company's strategic focus on the oilier and more liquids-rich sections of the Utica has led to a favorable shift in its production profile, which is expected to continue, with projections indicating oil production may reach 8,000 BOPD by the fourth quarter of 2026. Furthermore, the reduction in preferred equity has resulted in an upward adjustment of the company’s projected financial metrics, reflecting enhanced returns from its drilling activities in the more lucrative portions of its asset base.

Gulfport Energy has experienced a significant decline in share value, dropping from approximately $609 million to $448 million in 1Q25, indicating a concerning trend in financial stability and performance. Additionally, the company's production growth has been limited, with new production being added at a relatively high cost of under $24,000 per adjusted-BOEPD over the last six quarters, compounded by production setbacks due to midstream outages and constraints in Appalachia. Furthermore, Gulfport has underperformed relative to its peers, with its stock down 7.1% over the past month and 13.6% year-to-date, reflecting broader challenges faced by mid-cap exploration and production companies in the current market environment.