Gulfport Energy (GPOR) has caught the market’s eye after completing the redemption of all remaining Series A Convertible Preferred Stock, swapping a big chunk into common shares. This latest step comes right on the heels of the company’s second-quarter results, which came in stronger than what most had been expecting on both earnings and revenue. For investors watching closely, these back-to-back headlines around growth and capital structure send a clear signal that Gulfport’s management is working to reshape its shareholder base and lay the groundwork for future flexibility. Looking at the bigger picture, Gulfport Energy’s share price tells a compelling story. Over the last year, the stock has delivered a 22% total return, far outpacing some industry peers and suggesting that optimism is building. Momentum, though, has been mixed in the shorter run. The stock climbed 3% in the past month, but is still down 11% over the last quarter. This blend of surging yearly gains and a recent cool-off hints at changing views around its long-term growth and the risks attached, especially as management continues to address profitability head-on. After a year like this, it’s fair to wonder if the market sees all the upside, or if Gulfport’s value is still underestimated by investors.

Most Popular Narrative: 21.8% Undervalued

The most widely followed narrative suggests Gulfport Energy shares are significantly undervalued by more than 20%, compared to where analysts believe fair value lies.

Ongoing discretionary acreage acquisitions and organic inventory expansion in the core Utica wet and dry gas windows strengthen the company's drilling runway by more than 2 years, enhance development optionality, and sustain high-return drilling activity. This supports sustainable production growth and EBITDA expansion.

What is at the root of this bullish outlook? The narrative points to an ambitious path built on growth initiatives and profitability targets. Want to know which performance levers analysts believe could push this stock well above its current price? Dive deeper to see the assumptions and projections powering this discounted valuation.

Result: Fair Value of $222.55 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, challenges such as lower natural gas demand or tighter regulations could quickly shift Gulfport’s outlook and place pressure on its future earnings growth.

Find out about the key risks to this Gulfport Energy narrative.

Another View: Looking at Value from a Different Angle

Not everyone agrees with the optimistic outlook from analysts. Compared to similar companies, Gulfport’s current valuation looks higher using its sales ratio against the industry standard. This suggests the market may be pricing in more growth than some expect. Could this premium hint at hidden strength, or is caution warranted?

Stay updated when valuation signals shift by adding Gulfport Energy to your watchlist or portfolio. Alternatively, explore our screener to discover other companies that fit your criteria.

Build Your Own Gulfport Energy Narrative

If you see things differently or enjoy delving into the details on your own, you can easily craft your own narrative and insights in just a few minutes. Do it your way

A good starting point is our analysis highlighting 3 key rewards investors are optimistic about regarding Gulfport Energy.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.