Gulfport Energy Corporation Reports First Quarter 2018 Results

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Gulfport Energy (GPOR) Tops Q1 EPS by 8c

May 8, 2018 4:32 PM EDT

Gulfport Energy (NASDAQ: GPOR) reported Q1 EPS of $0.50, $0.08 better than the analyst estimate of $0.42.

Net production averaged 1,288.6 MMcfe per day during the first quarter of 2018.Net income of $90.1 million, or $0.50 per diluted share, for the first quarter of 2018.Adjusted net income (as defined and reconciled below) of $101.9 million, or $0.56 per diluted share, for the first quarter of 2018.Adjusted EBITDA (as defined and reconciled below) of $247.9 million for the first quarter of 2018.Reduced unit... More