Gulfport Energy Corporation

Gulfport Energy’s core management and technical teams are comprised of proven oil and gas professionals, with experience and expertise in multiple regions including salt dome structures of the U.S. Gulf Coast, and the Utica Shale Basin in Ohio. An entrepreneurial spirit resonates from the executive management team throughout the organization. We seek to leverage recent technological advancements in the oil and gas industry to fully exploit our principal producing acreages in each of our geographic regions while balancing the portfolio with a collection of long-term value opportunities that provide high-impact upside potential. The company’s management remains bullish on the long-term global need and demand for oil and natural gas production. With substantial unconventional resources at modest geologic risk, Gulfport’s asset areas, provide the company with a long-term optionality for potential production and resources. Gulfport Energy believes in maintaining financial discipline and flexibility by funding exploration and production expenditures through operational cash flow and available sources of liquidity.

Company Growth (employees)
Type
Public
HQ
Oklahoma City, US
Founded
1998
Size (employees)
241 (est)
Gulfport Energy Corporation was founded in 1998 and is headquartered in Oklahoma City, US

Gulfport Energy Corporation Office Locations

Gulfport Energy Corporation has offices in Oklahoma City, Saint Clairsville and Lafayette
Oklahoma City, US (HQ)
100 14313 N May Ave
Lafayette, US
201 301 E Kaliste Saloom Rd
Saint Clairsville, US
Oak View Rd

Gulfport Energy Corporation Data and Metrics

Gulfport Energy Corporation Financial Metrics

Gulfport Energy Corporation's revenue was reported to be $333 m in Q1, 2017
USD

Revenue (Q1, 2017)

333 m

Net income (Q1, 2017)

154.5 m

EBIT (Q1, 2017)

181.7 m

Market capitalization (15-Aug-2017)

2.2 b

Cash (31-Mar-2017)

102.5 m
Gulfport Energy Corporation's current market capitalization is $2.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

262.8 m671.3 m709.5 m385.9 m

Revenue growth, %

155%6%(46%)

Sales and marketing expense

68.9 m

General and administrative expense

43.4 m

Operating expense total

207.3 m445.1 m2 b1.3 b

EBIT

55.5 m226.1 m(1.3 b)(868.2 m)

EBIT margin, %

21%34%(188%)(225%)

Interest expense

17.5 m24 m51.2 m63.5 m

Interest income

297 k195 k643 k1.2 m

Pre tax profit

251.3 m400.7 m(1.5 b)(982.6 m)

Income tax expense

98.1 m153.3 m(256 m)(2.9 m)

Net Income

153.2 m247.4 m(1.2 b)(979.7 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

114.7 m170.8 m176.3 m112.3 m230.6 m157 m(28.2 m)193.7 m333 m

Sales and marketing expense

12.7 m11.9 m17 m16.9 m17.6 m16.7 m14.7 m17.5 m19.3 m

General and administrative expense

10.4 m8.9 m10.8 m9.5 m11 m10.6 m11.9 m10.5 m12.6 m

Operating expense total

23.1 m20.8 m27.8 m26.4 m28.6 m27.3 m26.5 m27.9 m31.9 m

EBIT

18.1 m53.5 m28.8 m(21.6 m)(529.1 m)(195.8 m)(323.4 m)(158 m)181.7 m

EBIT margin, %

16%31%16%(19%)(229%)(125%)1149%(82%)55%

Interest expense

2.4 m5.7 m8.8 m12 m14.1 m16 m16.1 m12.8 m23.5 m

Interest income

(36 k)(25 k)(9 k)(248 k)(279 k)(94 k)(391 k)(337 k)(842 k)

Pre tax profit

79.3 m11.8 m40 m(48.5 m)(604.8 m)(242.5 m)(339.9 m)(160.7 m)154.5 m

Income tax expense

31.5 m4.9 m14.5 m(17.2 m)(216.6 m)(191 k)(157 k)(3.4 m)

Net Income

130.4 m137.3 m25.5 m(5.8 m)(394 m)(242.3 m)(582 m)(739.3 m)154.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

459 m142.3 m113 m1.3 b

Inventories

2.6 m3.7 m3.9 m7.6 m

Current Assets

531.1 m328.3 m331.6 m1.6 b

PP&E

1.7 b2.9 b2.6 b2.4 b

Total Assets

2.7 b3.6 b3.3 b4.2 b

Accounts Payable

265.1 m

Current Liabilities

203.9 m398.7 m316.5 m384.8 m

Total Liabilities

2 b

Additional Paid-in Capital

1.8 b1.8 b2.8 b3.9 b

Retained Earnings

246.1 m493.5 m(1.7 b)

Total Equity

2 b2.2 b

Financial Leverage

1.6 x1.9 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

75.3 m152.9 m74.7 m525.5 m228.1 m454.4 m396.4 m364.3 m102.5 m

Current Assets

195 m310.7 m263.3 m779.7 m426.8 m687.9 m540.7 m542.3 m295.6 m

PP&E

2.3 b2.6 b3.1 b3.6 b3.4 b2.4 b2.4 b2.3 b4.4 b

Total Assets

3 b3.3 b3.8 b4.8 b4.2 b3.5 b3.2 b3.1 b5 b

Accounts Payable

287.5 m358.1 m400.1 m318.7 m312.1 m235.8 m289.8 m304.3 m406.1 m

Current Liabilities

312.9 m362.2 m432.4 m348 m355 m293.5 m339.7 m341.9 m474 m

Additional Paid-in Capital

1.8 b1.8 b1.8 b2.8 b2.8 b3.2 b3.2 b3.2 b4.4 b

Retained Earnings

376.5 m383.4 m519 m487.7 m99.5 m(973.6 m)(1.3 b)(1.5 b)(1.6 b)

Total Equity

3.3 b2.9 b2.2 b1.9 b1.7 b2.8 b

Financial Leverage

1.5 x1.5 x1.6 x1.7 x1.8 x1.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

153.2 m247.4 m(1.2 b)(979.7 m)

Depreciation and Amortization

118.9 m265.4 m337.7 m246 m

Accounts Receivable

(33 m)(45 m)32 m(64.9 m)

Accounts Payable

29.3 m73.9 m(47.2 m)

Cash From Operating Activities

191.1 m409.9 m322.2 m337.8 m

Cash From Investing Activities

(664.3 m)(1.1 b)(1.6 b)(905.6 m)

Cash From Financing Activities

765.1 m410.2 m1.2 b1.7 b

Interest Paid

59.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

130.4 m137.3 m25.5 m(5.8 m)(394 m)(242.3 m)(582 m)(739.3 m)154.5 m

Depreciation and Amortization

56 m72.4 m89.9 m71.2 m90.3 m65.5 m55.7 m62.3 m66 m

Accounts Receivable

(48.6 m)(80.8 m)24.2 m17.2 m37.6 m(6.6 m)(19.6 m)(55.9 m)(21.4 m)

Accounts Payable

54 m102 m(290 k)(28.5 m)(34.4 m)6.1 m

Cash From Operating Activities

201.5 m285.9 m99 m138.9 m235.1 m83.8 m142.7 m245.3 m142.6 m

Cash From Investing Activities

(624.8 m)(904 m)(231.5 m)(979.8 m)(1.4 b)(157.5 m)(281 m)(420.3 m)(1.3 b)

Cash From Financing Activities

39.6 m312.1 m64.9 m1.2 b1.2 b415.2 m421.8 m426.3 m31.6 m
USDY, 2017

Revenue/Employee

1.4 m

Financial Leverage

1.8 x

Gulfport Energy Corporation Market Value History

Traffic Overview of Gulfport Energy Corporation

Gulfport Energy Corporation Online and Social Media Presence

Gulfport Energy Corporation Company Life and Culture

You may also be interested in