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Gulfport Energy Q2 2024 Earnings Report

Gulfport Energy EPS Results

Actual EPS
$2.91
Consensus EPS
$2.88
Beat/Miss
Beat by +$0.03
One Year Ago EPS
N/A

Gulfport Energy Revenue Results

Actual Revenue
$181.12 million
Expected Revenue
$284.37 million
Beat/Miss
Missed by -$103.25 million
YoY Revenue Growth
N/A

Gulfport Energy Announcement Details

Quarter
Q2 2024
Time
N/A

Conference Call Resources

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Gulfport Energy Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
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About Gulfport Energy

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.

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