New York, Jan 5, 2026, 13:05 EST — Regular session
- GPOR drops about 9% after Wolfe Research cuts its rating to a hold-style view
- Natural gas prices slip again, weighing on gas-heavy producers’ cash-flow outlook
- Next catalysts: Jan. 8 U.S. storage data; late-February earnings timing in focus
Gulfport Energy Corporation shares fell 8.7% on Monday after Wolfe Research analyst Carlos Escalante cut the U.S. gas producer to Peer Perform from Outperform. The stock traded at $188.26 after swinging between $209.00 and $187.93. 1
The call matters now because investors have been repricing gas-linked cash flows as the fuel’s latest pullback deepens. U.S. natural gas fell about 3.5% to $3.49 per million British thermal units, according to TradingEconomics data. 2
Escalante wrote that Wolfe lowered its long-term U.S. gas price forecast by 25 cents to $4.00 per thousand cubic feet, an industry unit known as mcf. He said value should be judged on “free cash flow times duration” — cash left after operating and sustaining spending, adjusted for how long a producer’s drilling inventory can keep generating it — and the firm said it now prefers more oil leverage within the sector. 3
Other gas producers were also lower, but Gulfport’s slide stood out: EQT fell 1.3%, Range Resources dropped 2.8%, Antero Resources lost 5.5% and CNX Resources slipped 4.7%.
Gulfport is heavily exposed to gas pricing, with the company saying roughly 88% of third-quarter 2025 production was natural gas. Its main producing areas are the Utica/Marcellus in Appalachia and the SCOOP in Oklahoma. 4
With no company events on the near-term calendar, Gulfport has offered investors little to trade beyond commodity moves and broker views. The company’s investor relations calendar currently lists no upcoming events. 5
Traders now turn to the U.S. Energy Information Administration’s weekly natural gas storage report for a read on winter demand and supply, with the next release due Jan. 8 and typically published at 10:30 a.m. Eastern time. 6
Earnings are the next company-specific catalyst, but Gulfport has not announced a fourth-quarter reporting date. Nasdaq’s earnings calendar shows an estimated Feb. 24 release, keeping focus on any update to hedging, spending discipline and share repurchases. 7
The pullback also dents the stock’s technical picture: GPOR has traded between $153.27 and $225.78 over the past 52 weeks. A sustained break below the $200 level would leave shares further from the top end of that band. 8
