Gulfport Energy shares have fallen 23.5% over the past six months to a new 52-week low of $160.82. The company, which drills for natural gas in the Utica Shale and SCOOP play, grew revenue at a 15.3% compound annual rate over five years and averaged a 69.6% gross margin, signaling strong unit economics. However, its trailing 12-month EBITDA margin declined significantly to 55.6%, raising concerns about expense management despite revenue growth. The stock now trades at 6.1 times forward earnings.
Gulfport Energy Operating CorpEBITDA margin decline to 55.6% raises expense management concerns, driving stock to 52-week low.