OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Gulfport Energy Corp. (GPOR) on Tuesday reported a loss of $1.3 million in its first quarter.
The Oklahoma City-based company said it had a loss of 7 cents per share. Earnings, adjusted for one-time gains and costs, came to $5.58 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $5.16 per share.
The natural gas producer posted revenue of $197 million in the period.
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