GPOR Q2 2023 Earnings — Gulfport Energy Corporation Revenue & Financial Results | Market Cap Arena

GPORGulfport Energy Corporation

$4B

Q2 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$208M-67.4% YoY

Gross Profit

$112M53.7% margin

Operating Income

$103M49.3% margin

Net Income

$94M45.1% margin

EPS (Diluted)

$4.18

QoQ Revenue Growth

-41.1%

Cash Flow

Operating Cash Flow

$107M

Free Cash Flow

-$46M

Stock-Based Comp.

$157,000

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.1B

Stockholders' Equity

$1.4B

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$208M	$638M	-67.4%
Gross Profit	$112M	$561M	-80.1%
Operating Income	$103M	$275M	-62.7%
Net Income	$94M	$257M	-63.5%

Revenue Segments

Natural Gas, Production

$159M77%

Natural gas liquid sales

$26M13%

Oil and Condensate

$23M11%