Gulfport Energy Sees New Highs Amid $4M Investment from GeoSphere Capital Management

Gulfport Energy Corporation's stock is hitting new highs as Florida-based GeoSphere Capital Management disclosed a new $4 million position in the company, acquiring 22,000 shares in the third quarter. The position accounts for 3% of the fund's $131.7 million in reportable U.S. equity assets. Gulfport Energy's improving fundamentals, including rising production and accelerating buybacks, provide context for the investment.