OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Gulfport Energy Corp. (GPOR) on Tuesday reported fourth-quarter earnings of $132.4 million.
On a per-share basis, the Oklahoma City-based company said it had net income of $6.83. Earnings, adjusted for non-recurring gains, came to $5.75 per share.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $5.77 per share.
The natural gas producer posted revenue of $398.2 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $373.2 million.
For the year, the company reported profit of $427.8 million, or $21.48 per share. Revenue was reported as $1.42 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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