Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €30.74 EUR
Change Today +0.64 / 2.11%
Volume 0.0
As of 12:13 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

gulfport energy corp (G2U) Snapshot

Open
€30.33
Previous Close
€30.11
Day High
€30.83
Day Low
€30.18
52 Week High
04/17/15 - €48.16
52 Week Low
08/24/15 - €27.96
Market Cap
3.3B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
108.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GULFPORT ENERGY CORP (G2U)

gulfport energy corp (G2U) Related Businessweek News

No Related Businessweek News Found

gulfport energy corp (G2U) Details

Gulfport Energy Corp. explores for, develops, and produces oil and gas in the Louisiana Gulf Coast. Operations are concentrated in the West Cote Blanche Bay and Hackberry fields. The company holds working interests and overriding royalty interest in Bayou Long, Bayou Penchant, Bayou Pigeon, Deer Island, Golden Meadow, and Napoleonville fields in Louisiana. As of 2006, estimated proved reserves were equivalent to 23.2 million barrels of oil, including 19,692 thousands of barrels of oil and 20,801 millions of cubic feet of gas. Gulfport, in Oklahoma City, also had interest in 105 gross productive oil and gas wells. The company was founded in 1997 and is headquartered in Oklahoma City, Oklahoma.

203 Employees
Last Reported Date: 02/27/15

gulfport energy corp (G2U) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $700.0K
Chief Financial Officer
Total Annual Compensation: $268.3K
Chief Operating Officer
Total Annual Compensation: $325.0K
Vice President of Geosciences
Total Annual Compensation: $550.0K
Vice President of Reservoir Engineering
Total Annual Compensation: $325.0K
Compensation as of Fiscal Year 2014.

gulfport energy corp (G2U) Key Developments

Gulfport Energy Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Production and Capital Expenditure Guidance for the Year Ending December 31, 2015

Gulfport Energy Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of $112,270,000 compared to $114,736,000 a year ago. Loss from operations was $21,644,000 compared to income from operations of $18,110,000 a year ago. Loss before income taxes was $48,539,000 compared to income before income taxes of $79,313,000 a year ago. Net loss was $31,325,000 or $0.32 per diluted share compared to net income of $47,852,000 or $0.56 per diluted share a year ago. EBITDA was $34,831,000 compared to $137,898,000 a year ago. Cash provided by operating activity was $39,837,000 compared to $45,359,000 a year ago. Operating cash flow was $74,597,000 compared to $56,646,000 a year ago. Adjusted net income was $250,000. Adjusted EBITDA was $84,584,000. During the second quarter of 2015, Gulfport's exploration and production capital expenditures totaled $191 million and leasehold capital expenditures totaled $12 million. As of June 30, 2015, Gulfport has spent approximately 63% to 69% of Gulfport's 2015 capital budget of $646 to $706 million. For the six months, the company reported revenue of $288,587,000 compared to $232,765,000 a year ago. Income from operations was $7,129,000 compared to $43,219,000 a year ago. Loss before income taxes was $8,541,000 compared to income before income taxes of $211,118,000 a year ago. Net loss was $5,806,000 or $0.06 per diluted share compared to net income of $130,410,000 or $1.52 per diluted share a year ago. EBITDA was $173,687,000 compared to $330,653,000 a year ago. Cash provided by operating activity was $138,874,000 compared to $201,509,000 a year ago. Operating cash flow was $162,777,000 compared to $197,753,000 a year ago. For the year ending December 31, 2015, the company expects production of average daily gas equivalent to range from 517 Mmcfepd to 541 Mmcfepd, an increase of 115% to 125% over its 2014 average daily production. Production is forecasted to be 75% to 85% natural gas. Production Taxes in percentage to revenue are expected to be 3.5% to 3%. Total budgeted E&P capital expenditures are expected to be $561 million to $611 million, with approximately 96% allocated to its activity in the Utica Shale. Budgeted leasehold expenditures are expected to be $85 million to $95 million, in the Utica Shale during 2015, with its efforts primarily focused on bolt-on acquisitions to existing units included in its long-term development plans.

Gulfport Energy Corp. Reports Unaudited Production Results for the Second Quarter and Six Months Ended June 30, 2015

Gulfport Energy Corp. reported unaudited production results for the second quarter and six months ended June 30, 2015. For the quarter, the company produced oil and natural gas sales volumes of 473.9 MMcfe per day, representing a 12% increase over first quarter 2015 production of 424.4 MMcfe per day and a 196% increase over second quarter of 2014 production of 160.3 MMcfe per day. For the second quarter of 2015, Gulfport's production mix was approximately 77% natural gas, 13% natural gas liquids and 10% oil, as compared to 68% natural gas, 20% natural gas liquids and 12% oil during the first quarter of 2015 and 61% natural gas, 9% natural gas liquids and 29% oil during the second quarter of 2014. For the six months period, the company produced natural gas of 59,084.8 MMcf compared to 16,634.0 MMcf a year ago. Gas equivalent of 449,317 Mcfe per day compared to 161,430 Mcfe per day a year ago.

Gulfport Energy Corp. to Report Q2, 2015 Results on Aug 05, 2015

Gulfport Energy Corp. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Aug 05, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
G2U:GR €30.74 EUR +0.64

G2U Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cairn India Ltd 149.30 INR +8.30
Carrizo Oil & Gas Inc $36.18 USD +1.40
Energen Corp $51.27 USD +0.69
Genel Energy Plc 350.75 GBp +16.50
Lundin Petroleum AB kr110.90 SEK +1.50
View Industry Companies
 

Industry Analysis

G2U

Industry Average

Valuation G2U Industry Range
Price/Earnings 27.3x
Price/Sales 4.6x
Price/Book 1.1x
Price/Cash Flow 8.7x
TEV/Sales 3.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GULFPORT ENERGY CORP, please visit www.gulfportenergy.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.