Gulfport Energy (GPOR) Tops Q4 EPS by 10c

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Go back to Gulfport Energy (GPOR) Tops Q4 EPS by 10c

Gulfport Energy Corporation Reports Fourth Quarter and Year-End 2015 Results

February 17, 2016 4:00 PM EST

OKLAHOMA CITY, Feb. 17, 2016 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (NASDAQ: GPOR) (Gulfport or the Company) today reported financial and operational results for the quarter and year ended December 31, 2015 and provided an update on its 2016 activities.  Key information includes the following:

Year-end 2015 total proved reserves grew to 1.7 Tcfe, as compared to 933.6 Bcfe at year-end 2014, an increase of 83% year-over-year.Net production during the full year of 2015 averaged 548.2 MMcfe per day, exceeding the high-end of Gulfports 2015 annual guidance of 541 MMcfe per day.Adjusted net loss (as defined and reconciled... More