Real Assets
Gulfport Energy (NYSE:GPOR) has been one of the best performing natural gas stock over the past year. While it has a solid hedge book in place, weak natural gas price are nonetheless likely to impact it in the near term. GPOR is a natural gas focus E&P with assets in the Appalachia and Anadarko basins. About 90% of its 2023 production is projected to be natural gas. About 75% of its production comes from the Utica basin. The company has about 188,00 net acres and 2.9 net Tcfe of proved reserves in the Utica.