Five Of The Fastest Growing E&P Companies
- npatel81
- Jan 19, 2014
- 1 min read
The following five companies are among the fastest growing public oil and gas companies in the US. They are active in some of the “hottest”, fastest growing shale oil plays in the US. They are primarily focused on growing oil production, mostly through unconventional development. And due to their rapid growth, they are likely to be featured more prominently going forward.
1) Gulfport Energy (GPOR)
One of the fastest growing oil and gas companies, small or large, is Gulfport. Gulfport is focused on the development of the Utica / Point Pleasant shale play in eastern Ohio. It has already grown rapidly and is projected by analysts to grow its EBITDA a phenomenal 153% (from 2013 to 2014)! Utica wells in the sweet spot, which Gulfport has exposure to, may generate 100%+ IRRs, which will help Gulfport finance its continued growth in 2014 and beyond.
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