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Gulfport Energy Reports Fourth Quarter and Full Year 2023 Financial and Operating Results and Provides 2024 Operational and Financial Guidance

Gulfport Energy Corporation Common Shares (GPOR) 
Last gulfport energy corporation common shares earnings: 2/27 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gulfportenergy.com
Company Research Source: Business Wire
OKLAHOMA CITY--(BUSINESS WIRE)--Gulfport Energy Corporation (NYSE: GPOR) (“Gulfport” or the “Company”) today reported financial and operating results for the three and twelve months ended December 31, 2023 and provided its 2024 outlook.Fourth Quarter 2023Delivered total net production of 1,063.3 MMcfe per day, above analyst consensus expectationsReported $245.7 million of net income and $190.8 million of adjusted EBITDA(1), above analyst consensus expectationsGenerated $155.5 million of net cash provided by operating activities and $85.4 million of adjusted free cash flow(1), excluding discretionary acreage acquisitionsIncurred capital expenditures, excluding discretionary acreage acquisitions, of $82.9 millionUtilized adjusted free cash flow(1) for discretionary acreage acquisitions totaling $23.1 millionRepurchased 490 thousand shares of common stock for approximately $66.0 millionFull Year 2023 Highlights and Recent HighlightsDelivered total net production of 1,054.3 MMcfe per Show less Read more
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