Gulfport Energy Corporation reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported revenue was USD 253.91 million compared to USD 266.67 million a year ago. Net loss was USD 13.97 million compared to net income of USD 608.44 million a year ago. Basic loss per share from continuing operations was USD 0.83 compared to basic earnings per share from continuing operations of USD 27.72 a year ago. Diluted loss per share from continuing operations was USD 0.83 compared to diluted earnings per share from continuing operations of USD 27.37 a year ago. For the nine months, revenue was USD 718.26 million compared to USD 1,302.59 million a year ago. Net income was USD 11.86 million compared to USD 1,225.19 million a year ago. Basic earnings per share from continuing operations was USD 0.4 compared to USD 55.72 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to USD 55.08 a year ago.
Gulfport Energy is an Oklahoma-based company that acquires and develops crude oil and natural gas properties and extracts and processes crude oil and natural gas.