Gulfport Energy (GPOR) Tops Q2 EPS by 1c

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Gulfport Energy Corporation Reports Second Quarter 2018 Results

August 1, 2018 4:01 PM EDT

OKLAHOMA CITY, Aug. 01, 2018 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (NASDAQ: GPOR) (Gulfport or the Company) today reported financial and operational results for the quarter and six months ended June 30, 2018 and provided an update on its 2018 activities.  Key information includes the following:

Net production averaged 1,330.3 MMcfe per day during the second quarter of 2018.Net income of $111.3 million, or $0.64 per diluted share, for the second quarter of 2018.Adjusted net income (as defined and reconciled below) of $57.0 million, or $0.33 per diluted share, for the second quarter of 2018.Adjusted EBITDA (as defined... More