Gulfport schedules release of 3Q earnings report

 

Gulfport Energy Corporation plans to release its third quarter earnings report at the end of the month.

Results will be released after the market closing on Tuesday, October 31. A teleconference and webcast will be held the next day, Wednesday, November 1 at 8 a.m. Central Time.

As a result of its exploration, acquisition and production of natural gas, crude oil and NGL in the Appalahia and Anadarko basins, Gulfport recorded $93.7 million in net income and $144.5 million of adjusted EBITDA in the second quarter. Its total net production was 1,039.3 MMcfe a day which was above analyst consensus expectations.

During the second quarter, Gulfport had $129.3 milion in cap ex and completed and turned to sales 13 gross wells, including 11 in the Utica and two in the SCOOP.