OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Gulfport Energy Corp. (GPOR) on Tuesday reported fourth-quarter profit of $748.6 million.
On a per-share basis, the Oklahoma City-based company said it had profit of $32.35. Earnings, adjusted for non-recurring gains, were $3.18 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.21 per share.
The natural gas producer posted revenue of $982.5 million in the period.
For the year, the company reported profit of $494.7 million, or $20.32 per share. Revenue was reported as $1.33 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPOR at https://www.zacks.com/ap/GPOR
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