Gulfport Energy (GPOR) Tops Q1 EPS by 5c
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Gulfport Energy Corporation Reports First Quarter 2016 Results
May 4, 2016 4:00 PM EDTOKLAHOMA CITY, May 04, 2016 (GLOBE NEWSWIRE) -- Gulfport Energy Corporation (NASDAQ: GPOR) (Gulfport or the Company) today reported financial and operational results for the quarter ended March 31, 2016 and provided an update on its 2016 activities. Key information for the first quarter of 2016 includes the following:
Net production averaged 692.2 MMcfe per day, exceeding the high-end of Gulfports first quarter of 2016 guidance of 685 MMcfe per day.Realized natural gas price, before the impact of derivatives and including transportation costs, averaged $1.39 per Mcf, a $0.70 per Mcf differential to the average trade month NYMEX... More