Gulfport: Q2 Earnings Snapshot
By AP News
Published - Aug 06, 2024, 04:27 PM ET
Last Updated - Aug 06, 2024, 04:27 PM EDT
OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Gulfport Energy Corp. (GPOR) on Tuesday reported a loss of $26.2 million in its second quarter.
On a per-share basis, the Oklahoma City-based company said it had a loss of $1.51. Earnings, adjusted for non-recurring costs, were $2.91 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.88 per share.
The natural gas producer posted revenue of $181.1 million in the period.
