Gulfport Energy (GPOR) Tops Q2 EPS, Revenues

Go back to Gulfport Energy (GPOR) Tops Q2 EPS, Revenues

Gulfport Energy Reports Second Quarter 2022 Financial and Operating Results and Expands Common Stock Repurchase Program

August 2, 2022 4:10 PM EDT

OKLAHOMA CITY--(BUSINESS WIRE)-- Gulfport Energy Corporation (NYSE: GPOR) (Gulfport or the Company) today reported financial and operating results for the three months ended June 30, 2022 and provided an update on its 2022 development plan and financial guidance.

Second Quarter 2022 and Recent Highlights

Delivered total net production of 959.1 MMcfe per day Reported $256.6 million of net income and $204.5 million of adjusted EBITDA(1) Generated $129.5 million of net cash provided by operating activities and $80.3 million of free cash flow(1) Increased borrowing base to $1.0 billion from $850 million with a $700 million elected... More