Gulfport Energy (NASDAQ:GPOR) Shares Skyrocket on Oil Exposure

Gulfport Energy Corp. (NASDAQ:GPOR) shares soared along with the price of oil, as Brent crude exceeded the $100 a barrel mark.

Oil stocks in general rose on the news, but Gulfport did especially, based on their strong exposure to oil, which accounted for about 95 percent of their third-quarter revenue and condensate.

With very few stocks fitting Gulfport's oil exposure in small-caps, they are one of the limited choices for investors to put their money in within those parameters.

Gulfport closed Monday at $23.94, gaining $2.63, or 12.34 percent.