Gulfport Energy (GPOR) Tops Q3 EPS by 6c, Affirms FY Guidance

Gulfport Energy (NASDAQ: GPOR) reported Q3 EPS of $0.13, $0.06 better than the analyst estimate of $0.07. Revenue for the quarter came in at $170 million versus the consensus estimate of $146.6 million.

2014 Guidance

Gulfport reaffirms its full year 2014 Company production guidance and continues to estimate that its average daily production for 2014 will be in the range of 37,000 BOEPD to 42,000 BOEPD. Capital expenditures for exploration and production activities in 2014 are estimated to be in the range of $715 million to $767 million. Additionally, Gulfport anticipates spending approximately $375 million to $425 million on leasehold acquisitions in the Utica Shale during 2014.

For earnings history and earnings-related data on Gulfport Energy (GPOR) click here.

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