Gulfport Energy Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 266.67 million compared to USD 191.1 million a year ago. Net income was USD 608.44 million compared to net loss of USD 18.47 million a year ago. Basic earnings per share from continuing operations was USD 27.72 compared to basic loss per share from continuing operations of USD 1.01 a year ago. Diluted earnings per share from continuing operations was USD 27.37 compared to diluted loss per share from continuing operations of USD 1.01 a year ago.
For the nine months, revenue was USD 1,302.59 million compared to USD 348.62 million a year ago. Net income was USD 1,225.19 million compared to net loss of USD 253.87 million a year ago. Basic earnings per share from continuing operations was USD 55.72 compared to basic loss per share from continuing operations of USD 12.58 a year ago. Diluted earnings per share from continuing operations was USD 55.08 compared to diluted loss per share from continuing operations of USD 12.58 a year ago.