Gulfport: Fourth Quarter Earnings Overview

Gulfport Energy Corp. Announces Fourth-Quarter Financial Results

Gulfport Energy Corp., headquartered in Oklahoma City, revealed on Tuesday that it earned $132.4 million during the fourth quarter.

The company reported net income of $6.83 per share. After adjusting for one-time items, earnings amounted to $5.75 per share.

These adjusted earnings were slightly below the consensus forecast, as analysts surveyed by Zacks Investment Research had anticipated $5.77 per share.

During the quarter, Gulfport Energy generated $398.2 million in revenue, surpassing the $373.2 million expected by analysts.

For the full year, the company achieved a profit of $427.8 million, or $21.48 per share, with total revenue reaching $1.42 billion.

Financial data for this report was provided by Zacks Investment Research and compiled by Automated Insights.