NYSE$GPOR

Gulfport Energy Corporation · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Gulfport's Q4 2023 results were driven by its quality resource base and improved development efficiencies, with net production at the high end of guidance and significant adjusted free cash flow generation.

Gulfport Energy Corporation reported strong Q4 2023 results, driven by its quality resource base and improved development efficiencies. The company delivered net production at the high end of the updated guidance range and generated meaningful adjusted free cash flow. Gulfport strategically acquired liquids-rich Utica acreage, extending its inventory base, and delineated liquids-rich Marcellus locations.

  • Gulfport's 2023 results were highlighted by its quality resource base and improved development efficiencies.
  • The company delivered net production at the high end of the updated guidance range.
  • Gulfport strategically acquired liquids-rich Utica acreage, extending its inventory base.
  • The company allocated approximately 99% of its adjusted free cash flow to repurchasing its common stock during 2023.

Headline financials

Total Revenue

$489M

Previous: $982M-50.2%
EPS (adj)

$5.02

Previous: $3.13+60.4%
Net Daily Production

1.1B

No prior period
Net Daily Liquids (Bbl/d)

10.9K

No prior period
Net Income

$246M

Previous: $749M-67.2%
Operating Income

$56.4M

Previous: $765M-92.6%
Gross Profit

$67.8M

Previous: $450M-84.9%
Stock-Based Comp

$2.08M

Previous: $5.72M-63.7%

Revenue & EPS history

Gulfport · Revenue · Quarterly

$489M

Q4 2023-50.2%vs Q4 2022
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Gulfport · $312M total across 3 segments · Q2 2025

  • Natural Gas
    $241M—
  • Oil and Condensate
    $41.5M—
  • NGL
    $28.7M—

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

+1.9%

Avg return

Earnings day

+3.4%

Avg return

5 days after

+7.3%

Avg return

30 days after

63%

12 / 19 earnings

Positive

+13.8%

Q4 2022

Best reaction

-8.6%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026-7.6%-7.8%-13.9%
Q4 2025+1.5%+6.5%+10.2%
Q3 2025+0.1%+4.8%+10.2%
Q1 2025+3.5%+5.7%+4.8%
Q4 2024-3.3%-6.1%+2.9%
Q3 2024+11.3%+11.6%+29.8%
Q2 2024-0.3%+2.9%+3.5%
Q1 2024-8.6%-7.0%-2.5%
Q4 2023+0.8%+0.6%+13.5%
Q3 2023+5.9%+8.5%+11.6%
Q2 2023+0.3%+4.4%+15.2%
Q1 2023+4.6%+7.1%+14.0%
Q4 2022+13.8%+23.0%+18.5%
Q3 2022-3.6%-2.6%-13.8%
Q2 2022+2.4%+1.7%+11.7%
Q1 2022+6.4%+0.5%+6.6%
Q4 2021+11.7%+14.9%+34.6%
Q3 2021-0.8%-0.6%-19.2%
Q2 2021-1.2%-3.0%+0.8%
Q1 2021———
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Q4 2009———
Q3 2011———
Q3 2010———
Q2 2010———
Q2 2011———

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