Gulfport: Q4 Earnings Snapshot

March 1, 2022 GMT

OKLAHOMA CITY (AP) _ Gulfport Energy Corp. (GPOR) on Monday reported fourth-quarter net income of $558.1 million, after reporting a loss in the same period a year earlier.

The Oklahoma City-based company said it had net income of $22.40 per share. Earnings, adjusted for non-recurring gains, were $5.69 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.72 per share.

The natural gas producer posted revenue of $772.6 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $319 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPOR at https://www.zacks.com/ap/GPOR