Gulfport Energy Q1 2023 Earnings Report

Gulfport Energy EPS Results

• Actual EPS: $2.58
• Consensus EPS: $4.96
• Beat/Miss: Missed by -$2.38
• One Year Ago EPS: N/A

Gulfport Energy Revenue Results

• Actual Revenue: $731.22 million
• Expected Revenue: $341.63 million
• Beat/Miss: Beat by +$389.59 million
• YoY Revenue Growth: N/A

Gulfport Energy Announcement Details

• Quarter: Q1 2023
• Date: 5/2/2023
• Time: N/A

Gulfport Energy (NASDAQ:GPOR) engages in the exploration, development, acquisition, and production of natural gas, crude oil, and natural gas liquids (NGL) in the United States. Its principal properties include Utica Shale covering an area of approximately 193,000 net reservoir acres primarily located in Eastern Ohio; and SCOOP covering an area of approximately 73,000 net reservoir acres primarily located in Oklahoma. As of December 31, 2020, it had 2.6 trillion cubic feet of natural gas equivalent of proved reserves; and proved undeveloped reserves of 7 MMbbl of oil, 923 Bcf of natural gas, and 16 MMbbl of NGL. The company was incorporated in 1997 and is headquartered in Oklahoma City, Oklahoma.