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Gulfport (GPOR) Reports Q4 Earnings: What Key Metrics Have to Say
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Gulfport Energy (GPOR - Free Report) reported $239.87 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 51%. EPS of $4.80 for the same period compares to $3.10 a year ago.
The reported revenue represents a surprise of -26.09% over the Zacks Consensus Estimate of $324.54 million. With the consensus EPS estimate being $3.90, the EPS surprise was +23.08%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Gulfport performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average price, including settled derivatives- NGL: 30.98 $/Bbl versus the two-analyst average estimate of 27.48 $/Bbl.
Production volume per day - Gas equivalent: 1,055,472 Mcfe/D versus the two-analyst average estimate of 1,067,496 Mcfe/D.
Production volume per day - Natural gas: 958,075 Mcf/D versus the two-analyst average estimate of 974,991.8 Mcf/D.
Average price, including settled derivatives - Natural gas: $2.99 per thousand cubic feet versus the two-analyst average estimate of $2.91 per thousand cubic feet.
Production volume per day - NGL: 11,004 BBL/D compared to the 10,777.44 BBL/D average estimate based on two analysts.
Average price, including settled derivatives - Oil and condensate: 65.75 $/Bbl versus the two-analyst average estimate of 65.12 $/Bbl.
Production volume per day - Oil and condensate: 5,229 BBL/D versus the two-analyst average estimate of 4,839.98 BBL/D.
Revenues- Natural gas sales: $221.55 million versus $244.09 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +4.2% change.
Revenues- Oil and condensate sales: $31.29 million versus the two-analyst average estimate of $26.80 million. The reported number represents a year-over-year change of +32.4%.
Revenues- Natural gas liquid sales: $31.99 million versus $28.16 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +19.4% change.
Shares of Gulfport have returned +3.1% over the past month versus the Zacks S&P 500 composite's -1.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Gulfport (GPOR) Reports Q4 Earnings: What Key Metrics Have to Say
Gulfport Energy (GPOR - Free Report) reported $239.87 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 51%. EPS of $4.80 for the same period compares to $3.10 a year ago.
The reported revenue represents a surprise of -26.09% over the Zacks Consensus Estimate of $324.54 million. With the consensus EPS estimate being $3.90, the EPS surprise was +23.08%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Gulfport performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Average price, including settled derivatives- NGL: 30.98 $/Bbl versus the two-analyst average estimate of 27.48 $/Bbl.
- Production volume per day - Gas equivalent: 1,055,472 Mcfe/D versus the two-analyst average estimate of 1,067,496 Mcfe/D.
- Production volume per day - Natural gas: 958,075 Mcf/D versus the two-analyst average estimate of 974,991.8 Mcf/D.
- Average price, including settled derivatives - Natural gas: $2.99 per thousand cubic feet versus the two-analyst average estimate of $2.91 per thousand cubic feet.
- Production volume per day - NGL: 11,004 BBL/D compared to the 10,777.44 BBL/D average estimate based on two analysts.
- Average price, including settled derivatives - Oil and condensate: 65.75 $/Bbl versus the two-analyst average estimate of 65.12 $/Bbl.
- Production volume per day - Oil and condensate: 5,229 BBL/D versus the two-analyst average estimate of 4,839.98 BBL/D.
- Revenues- Natural gas sales: $221.55 million versus $244.09 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +4.2% change.
- Revenues- Oil and condensate sales: $31.29 million versus the two-analyst average estimate of $26.80 million. The reported number represents a year-over-year change of +32.4%.
- Revenues- Natural gas liquid sales: $31.99 million versus $28.16 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +19.4% change.
View all Key Company Metrics for Gulfport here>>>Shares of Gulfport have returned +3.1% over the past month versus the Zacks S&P 500 composite's -1.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.