OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Gulfport Energy Corp. (GPOR) on Tuesday reported a loss of $273.2 million in its fourth quarter.
On a per-share basis, the Oklahoma City-based company said it had a loss of $15.40. Earnings, adjusted for one-time gains and costs, were $4.80 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.90 per share.
The natural gas producer posted revenue of $239.9 million in the period.
For the year, the company reported a loss of $261.4 million, or $14.72 per share. Revenue was reported as $958.1 million.
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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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