Gulfport Energy is an independent natural gas-weighted exploration and production company focused on the exploration, development, acquisition and production of natural gas, crude oil and natural gas liquids in the U.S. with primary focus in the Appalachia and Mid-Continent basins. Co.'s properties are in Eastern Ohio, where it targets development in the Utica formation and Central Oklahoma where it targets development in the SCOOP Woodford and Springer formations. In addition, Co. holds an acreage position in the Alberta oil sands in Canada through its interest in Grizzly Oil Sands ULC, and an approximate 21.8% equity interest in Mammoth Energy Services, Inc., an energy services company. We show 54 historical shares outstanding datapoints in our coverage of GPOR's shares outstanding history.
Understanding the changing numbers of GPOR shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like GPOR versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching GPOR by allowing them to research GPOR shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
