Gulfport Energy (GPOR) Tops Q1 EPS by 8c

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Gulfport Energy Corporation Reports First Quarter 2018 Results

May 8, 2018 4:00 PM EDT

OKLAHOMA CITY, May 08, 2018 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (NASDAQ: GPOR) (Gulfport or the Company) today reported financial and operational results for the quarter ended March 31, 2018 and provided an update on its 2018 activities.  Key information includes the following:

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... More