Gulfport Energy (GPOR) Tops Q4 EPS by 6c
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Gulfport Energy Corporation Reports Fourth Quarter and Year-End 2017 Results
February 21, 2018 4:01 PM ESTOKLAHOMA CITY, Feb. 21, 2018 (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, 2017 and provided an update on its 2018 activities. Key information includes the following:
Year-end 2017 total proved reserves grew to 5.4 Tcfe, as compared to 2.3 Tcfe at year-end 2016, an increase of 132% year-over-year.Net of the SCOOP acquisition, year-end 2017 total proved reserves grew to 3.9 Tcfe, as compared to 2.3 Tcfe at year-end 2016, an increase of 70% year-over-year.SEC PV-10 value grew to $2.9 billion at year-end 2017, as compared to $696 million at... More