GPOR Q1 2023 Earnings — Gulfport Energy Corporation Revenue & Financial Results | Market Cap Arena

GPORGulfport Energy Corporation

$4B

Q1 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$353M-26.5% YoY

Gross Profit

$254M72.0% margin

Operating Income

$523M148.0% margin

Net Income

$523M148.1% margin

EPS (Diluted)

$22.90

QoQ Revenue Growth

-35.3%

Cash Flow

Operating Cash Flow

$304M

Free Cash Flow

$174M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.2B

Stockholders' Equity

$1.4B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$353M	$481M	-26.5%
Gross Profit	$254M	$316M	-19.6%
Operating Income	$523M	-$493M	+206.0%
Net Income	$523M	-$492M	+206.3%

Revenue Segments

Natural Gas, Production

$283M80%

Natural gas liquid sales

$40M11%

Oil and Condensate

$31M9%