Gulfport Energy (GPOR) Tops Q1 EPS by 2c

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Gulfport Energy Corporation Reports First Quarter 2019 Financial and Operating Results

May 2, 2019 4:01 PM EDT

OKLAHOMA CITY, May 02, 2019 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (NASDAQ: GPOR) (Gulfport or the Company) today reported financial and operational results for the three-months ended March 31, 2019 and provided an update on its 2019 activities.  Key information includes the following:

Net production averaged 1,263.6 MMcfe per day during the first quarter of 2019.Net income of $62.2 million, or $0.38 per diluted share, for the first quarter of 2019.Adjusted net income (as defined and reconciled below) of $53.2 million, or $0.33 per diluted share, for the first quarter of 2019.Adjusted EBITDA (as defined and reconciled below) of... More