GPOR Q1 2024 Earnings — Gulfport Energy Corporation Revenue & Financial Results | Market Cap Arena

GPORGulfport Energy Corporation

$4B

Q1 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$238M-32.6% YoY

Gross Profit

$141M59.3% margin

Operating Income

$82M34.3% margin

Net Income

$52M21.9% margin

EPS (Diluted)

$2.34

QoQ Revenue Growth

-9.5%

Cash Flow

Operating Cash Flow

$188M

Free Cash Flow

$70M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$1.0B

Stockholders' Equity

$2.2B

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$238M	$353M	-32.6%
Gross Profit	$141M	$254M	-44.4%
Operating Income	$82M	$523M	-84.4%
Net Income	$52M	$523M	-90.1%

Revenue Segments

Natural Gas, Production

$188M79%

Natural gas liquid sales

$28M12%

Oil and Condensate

$22M9%