Gulfport Energy (GPOR) Tops Q4 EPS by 6c

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Go back to Gulfport Energy (GPOR) Tops Q4 EPS by 6c

Gulfport Energy Corporation Reports Fourth Quarter and Year-End 2017 Results

February 21, 2018 4:01 PM EST

OKLAHOMA 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