Gulfport Energy director Timothy Cutt sells $397,450 in shares

Timothy J. Cutt, a Gulfport Energy Corp. director, sold 2,500 shares of the company's common stock on September 24, 2026. Each share was sold for $158.98, resulting in a total sale amount of about $397,450. Post-transaction, Mr. Cutt retains 27,013 shares of Gulfport Energy common stock. The sale occurred as the stock price hovered near its 52-week low of $149.18, with shares trading at $154.62 at the time.

An InvestingPro analysis suggests Gulfport Energy might be undervalued at current levels, trading at a P/E ratio of 5.97 despite robust profitability. InvestingPro provides 6 additional exclusive tips and a comprehensive Pro Research Report for GPOR and 1,400+ other US stocks. Additionally, Gulfport Energy Corp. released its second-quarter 2026 earnings, which fell short of analyst projections.

Despite posting adjusted earnings of $3.91 per share, analysts had anticipated $4.08 per share. The company, however, surpassed revenue expectations with $323.23 million in earnings, compared to the projected $305.65 million. This discrepancy led to a decline in the company’s stock price after hours. Furthermore, Jefferies downgraded Gulfport Energy's stock rating from Buy to Hold, citing concerns about near-term natural gas price risks due to potential winter warmth and increased associated gas production.

The analyst also lowered its price target from $239 to $180. These recent developments underscore the challenges Gulfport Energy is encountering in the current market landscape.