Gulfport Energy - Oppenheimer downgraded it with a target price of 14. The stock is at $6.67 and is trading at 0.34% of book value. The company has no debt and can buy back shares. I think I am getting the hang of this value investing thing.

Dow Jones Industrial Average 26,543.33   Week Ending 04-26-2019  (UP and very high)
S&P 500  2939.88


First good morning. I wanted to welcome value investors Mohnish Pabrai and Paul Lountzis to my side bar of important Value investors. They both should have been there long ago, and there are other folks that should also be added to this forum.

You have not heard from me much past my 2019 New year selections this year because these Value stock ideas are not plentiful at this time with the Dow at 26,543.33.

Let me first say that Natural Gas is a sector that wall street likes to ignore. It is not sexy.  Sometimes to the point where it becomes stupid. Gulfport Energy ( Symbol GPOR , (like "get poor") is trading at $6.67.  

What is it that I like?

In the last 12 months insiders have been buying the shares at a rate of approximately 10 to 1

The company did $1.36 Billion in sales last year and produce $430 in Income.

The current Book value of the company is $19.42 cents per share.

The company has very little debt, no leverage.

Sales the last five years are up 38.80%

Although earnings are coming down this year the company still has a forward PE of 5.13 in a stock market with a PE of 18. 

Management runs this company very well and is always looking to shareholder value.

Their assets are in the safe confines of the USA in Ohio and Oklahoma.

Someday LNG will take off with a vengeance!

So Freewilly says buy this one now and hold it for a couple years.

Hope you had a better April than me. It was all funerals for me and my favorite cat Bowie passed away. To all we lost, hope you are all now in heaven.

 My Bowie boy. a friend to all people and animals.

Well on to May we go. Will the traders sell in May and go away? Maybe not.


Best Regards,

Freewilly