Gulfport Energy Stock Drops 4.3% After Jefferies Downgrade and Price Target Cut
Gulfport Energy Corp's stock price dropped by 4.3% on September 25, 2026, after Jefferies downgraded it from Buy to Hold and cut its price target to $180 from $239.
The downgrade was due to concerns about natural gas prices, which may soften amid a warmer-than-expected winter forecast.
This outlook impacts Gulfport's revenue prospects, given its heavy weighting toward natural gas production. The firm also flagged risks associated with the company's recent acreage acquisitions, which may increase leverage and financial risk despite Gulfport's historically disciplined capital management.