. >> gulfport energy is yours on the list.derperformed the margins. >> they just had a quarter where they set expectations to a level that's achievable, and they are looking at 200% production growth so we're talking about a company that's trading at a significant discount to its fast growing peer group and growing production significantly faster than that group. gulfport is a utica play and probably have the best acreage in that shale and are producing at great rates and gulfport is one of our favorite names. >> all right. guys, thank you very much. mike and art, you guys have a great holiday weekend, okay. we'll see you on the other side. >> why don't we take a quick look at market before we go. we're backing up against records here, right? >> setting up for our best day in more than a month, know. may for the most part has been a pretty big sideways month, tightest range for stocks in the month of may since 1987. today a better than expected new home sales report, some of the home building stocks and that's the picture as m

one of the big of the percentage losers is gulfport energy, down nearly 19% in a single session.now it says gulfport that's like the gulf of mexico, but this is a company that's relying on the utica shale in ohio. a play that showed incredible inconsistency and literally from county to county and gulfport lowered the forecast by 30% and that's dreadful plus this company is natural gas and natural gas derivatives and they want oil, but remember when somebody misses numbers there's no price that's too low for these momentum hounds to sell just like there's no price too high for them to buy. so the bottom line is, there's always a bull market and growth somewhere and right now it's in the eagleford, permean and bocket and it couldn't happen to a better bunch of companies. i want to go to tina in connecticut. tina! >> hello. hello. >> i'm a little nervous, but i'm actual willy calling about halliburton which is a politically charged company, but i was very fortunate to buy it in july in the 40s. i got that award today and i wonder do i run? do i hang on to this? is schlumberger a bet

g gulfport saying the same thing.out production growth on eog. >> and we have sprouts and whole foods. and irwin simon said we're going to do natural organic. people distanced and then first solar, stock was ahead of an analyst meeting. both of these companies doing quite well. natural, organic, solar, i get this. >> we'll see you at 6:00 p.m. jim cramer. yellen on the hill. we're back in just a moment. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. when folks think about wthey think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across

coastal ports particularly -- such as mississippi's port of gulfport have been disadvantaged as a result. we haven't received the maintenance, we have less traffic, therefore we're entitled to less future maintenance dredging. i'm happy to report to my colleagues, mr. president, that thanks to an amendment by senator thad cochran of mississippi, on crediting authority for navigation projects, ports like the port of gulfport by have greater flexibility in making dredging upgrades. other provisions in the new water resources bill seek to ensure fiscal responsibility by streamlining project requirements and time lines. this means allowing greater private contributions to infrastructure repairs and deauthorizing projects no longer in the national interest. mississippians understand why water resource infrastructure matters. in recent years we have faced very different challenges because of extreme conditions on the mississippi river. first, historic flooding put flood control mechanisms like the mississippi river and tributaries project to the test. then the very next year, severe drought tu

gulfport is one of our favorite names there, certainly the regional banks in the south. and they're all doing a great job of increasing loan growth. we're seeing demands for growth, that's indicative of what could be a pickup. >> all right, guys, thank you very much. art, a pleasure. larry, come back and join us soon. >>> bubble trouble, red flags being waved on a number of stock that is have soared well ahead of their valuations. dominic chu naming names. what do we mean here? they're injures selling at high p.e.s? >> they're selling at high p.e. david einhorn made allusions to this. we talked about smell names in the amazons, the netflix, here's three names, they're larger cap names, but ones you may not have heard of in terms of the bubble talk. bushelitiousness. >> here's the first one, tyler. this is a mystery chart, october? this particular company has a price to earnings ratio of 351. this is a hollywood company, but it's not netflix, and it deals with original content on the animation side. it is a studio. i will give you that much. it looks a bit -- >> how to tr

circulation bringing in some gulf of mexico moisture in and around the new orleans area and around gulfport. this is the area of concern for possible flash floodings only to watch here closely through this weekend, we can see anywhere from one, outwards to two inches. you know the ground is saturated thanks to the recent rain we have seen in this area. we will be watching that as all of this moisture continues to lift up to the north where we have rain a little bit heavier here across the dakotas and in central and northern areas of minnesota. hear very slow go as that warm moist airflow will continue throughout the day helping to give fuel to some of the storms that will be developing in advance of a frontal boundary. we are going to be dealing with this front kind of stalling out. so not a lot of movement. so this entire area across the dakotas into minnesota and western great lakes will be an area of concern, really over the next 48 hours. we will be watching it very closely mainly dealing with the threat of large hail as well as damaging wins but we also can't rule out a few isolated to

new orleans, parts of gulfport, kenner and into new orleans until 7:00.ook at the rainfall amounts. upwards of 3 to 5 inches, and then you get into the gulf, the western gulf. some areas picking up another 7 inches of rain in the next 24 hours. now we're going to get to your local forecast coming up in the next 30 seconds. >>> nbc bay area microclimate forecast is sponsored by yakult probiotic drink. >> taking a live look here san francisco mostly cloudy is to start. clouds clinging to the coastline for most of the day. nice, sunny conditions inland and temperatures about ten degrees cooler than where we ended up yesterday. mid up toer 70s for us here in the south bay and today overcast sky developing and 73 from the peninsula and 79 degrees out in the tri-valley today. >> all right, al, thank you so much. >>> there is a new wrinkle this morning in the heated debate over guns in america. a new range is set to open soon in oklahoma city, and what the owners there are planning has even strong supporters of gun rights asking if it makes sense. here's nbc's k