Gulfport Energy Corporation (NASDAQ:GPOR) is set to announce second quarter earning results on Tuesday 4th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, GPOR to report 2Q20 income of $ 0.01 per share.
For the full year, analysts anticipate top line of $ 811.44 million, while looking forward to loss of $ 0.21 per share bottom line.
Previous Quarter Performance
Gulfport Energy Corporation disclosed income for the first quarter of $ 0.10 per share, from the revenue of $ 246.88 million. The quarterly earnings reduced 69.70 percent while revenues declined 22.99 percent compared with the same quarter last year.
Wall street analysts are predicting, GPOR to report 1Q20 loss of $ 0.07 per share from revenue of $ 219.68 million. The bottom line results beat street analysts by $ 0.17 or 242.86 percent, at the same time, top line results outshined analysts by $ 27.20 million or 12.38 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of GPOR was $ 1.08, representing a 208.57 % increase from the 52 week low of $ 0.35 and a 72.16 % decrease over the 52 week high of $ 3.88.
The company has a market capital of $ 172.79 million and is part of the Energy sector and Oil & Gas E&P industry.
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Gulfport Energy Corporation engages in the acquisition, exploration, exploitation, and production of natural gas, crude oil, and natural gas liquids (NGLs) in North America. Its principal properties include Utica Shale covering an area of approximately 241,000 gross acres primarily in Eastern Ohio; and SCOOP that comprise leasehold interests in approximately 66,000 gross surface acres located in Oklahoma. As of December 31, 2018, it had 4.7 trillion cubic feet of natural gas equivalent of proved reserves; and proved undeveloped reserves of 11,480 MBbls of oil; 2,320,705 millions of cubic feet of natural gas, and 39,710 millions of cubic feet of NGLs.
