Why Is Gulfport Energy Stock Soaring On Friday?

Gulfport Energy Corporation’s GPOR stock is climbing on Friday, up nearly 5%, as investors anticipate strong second-quarter earnings, driven by a strategic reevaluation of its capital spending plans.The company is notably reallocating resources towards dry gas development in the latter half of the year, including adding a four-well dry gas Utica pad, while adjusting its wet gas Marcellus pad schedule. This proactive approach and current capital efficiency trends could allow Gulfport to accelerate completion ...