Last €33.96 EUR
Change Today +0.61 / 1.84%
Volume 0.0
G2U On Other Exchanges
Symbol
Exchange
Stuttgart
As of 3:18 PM 12/23/14 All times are local (Market data is delayed by at least 15 minutes).

gulfport energy corp (G2U) Snapshot

Open
€33.55
Previous Close
€33.35
Day High
€34.40
Day Low
€33.36
52 Week High
04/25/14 - €54.14
52 Week Low
12/10/14 - €29.52
Market Cap
2.9B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
85.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GULFPORT ENERGY CORP (G2U)

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gulfport energy corp (G2U) Details

Gulfport Energy Corp. explores for, develops, and produces oil and gas in the Louisiana Gulf Coast. Operations are concentrated in the West Cote Blanche Bay and Hackberry fields. The company holds working interests and overriding royalty interest in Bayou Long, Bayou Penchant, Bayou Pigeon, Deer Island, Golden Meadow, and Napoleonville fields in Louisiana. As of 2006, estimated proved reserves were equivalent to 23.2 million barrels of oil, including 19,692 thousands of barrels of oil and 20,801 millions of cubic feet of gas. Gulfport, in Oklahoma City, also had interest in 105 gross productive oil and gas wells. The company was founded in 1997 and is headquartered in Oklahoma City, Oklahoma.

118 Employees
Last Reported Date: 02/28/14

gulfport energy corp (G2U) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $883.3K
Vice President of Geological & Geophysical
Total Annual Compensation: $575.0K
Vice President of Reservoir Engineering
Total Annual Compensation: $395.8K
Advisor
Total Annual Compensation: $166.7K
Compensation as of Fiscal Year 2013.

gulfport energy corp (G2U) Key Developments

Gulfport Energy Corporation Enters into Second Amendment to its Amended and Restated Credit Agreement with the Bank of Nova Scotia

On November 26, 2014, Gulfport Energy Corporation (Gulfport) entered into a second amendment (the Amendment) to its amended and restated credit agreement with the Bank of Nova Scotia, as administrative agent, and the lenders party thereto (as amended, the Credit Agreement). The Amendment, among other things, increased Gulfport's borrowing base from $275,000,000 to $450,000,000, increased Gulfport's letter of credit sublimit from $70,000,000 to $125,000,000, and increased Gulfport's senior notes unsecured indebtedness basket from $600,000,000 to $900,000,000. The Amendment also revised the leverage ratio covenant in the Credit Agreement from testing Gulfport's funded debt to EBITDAX ratio, to testing Gulfport's funded debt net of cash and short term investments to EBITDAX ratio, with a 3.5:1 maximum ratio for reporting periods through the reporting period ending on June 30, 2015, and a 3.25:1 maximum ratio for reporting periods thereafter, and gave Gulfport greater flexibility for entering into swap contracts and forward sales contracts. Certain lenders under the Credit Agreement or their affiliates have provided and/or may in the future provide financial advisory, investment banking and commercial banking services in the ordinary course of business to Gulfport and certain of its affiliates, for which they have received, and may in the future receive, customary fees and expense reimbursement. Further, certain of these lenders or their affiliates have entered, and may in the future enter, into hedging transactions with Gulfport or its affiliates, in the ordinary course of business, for which they have received and will receive customary compensation.

Gulfport Energy Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Production and Capital Expenditures Guidance for the Full Year Ending December 31, 2014

Gulfport Energy Corp. reported unaudited consolidated earnings and production results for the third quarter and nine months ended September 30, 2014. The company recorded net income of $6.920 million, or $0.08 per diluted share, in the third quarter of 2014, as compared to $40.5 million, or $0.52 per diluted share, in the third quarter of 2013. Adjusted net income was $11.019 million, or $0.13 per diluted share, in the third quarter of 2014. EBITDA was $90.103 million against $97.4 million for the last year. Revenues were $170.804 million against $69.252 million for the same period last year. Income from operations was $53.454 million against $15.137 million for the last year. Income before income taxes was $11.796 million against $63.927 million for the last year. Cash provided by operating activity was $84.390 million against $67.485 million for the last year. Operating cash flow was $70.428 million against $51.585 million for the last year. For the nine months, revenues were $403.569 million against $194.686 million for the last year. Income from operations was $96.673 million against $52.537 million for the last year. Income before income taxes was $222.914 million against $206.023 million for the last year. Net income was $137.330 million or $1.60 per diluted share against $128.914 million or $1.69 per diluted share for the last year. EBITDA was $420.756 million against $297.731 million for the last year. Cash provided by operating activity was $285.899 million against $141.030 million for the last year. Operating cash flow was $268.181 million against $131.139 million for the last year. From January 1 through September 30, Gulfport's E&P capital expenditures for 2014 program totaled approximately $351.5 million and expenditures related to leasehold acquisitions totaled approximately $345.2 million. For the full year ending December 31, 2014, the company reaffirmed its production guidance and continues to estimate that its average daily production for 2014 will be in the range of 37,000 BOEPD to 42,000 BOEPD. Capital expenditures for exploration and production activities in 2014 are estimated to be in the range of $715 million to $767 million. Additionally, Gulfport anticipates spending approximately $375 million to $425 million on leasehold acquisitions in the Utica Shale during 2014. The company forecasted production of Utica from 32,000 BOE per day to 37,000 BOE per day, South Louisiana of 5,000 BOE per day, average daily oil equivalent of 37,000 BOE per day to 42,000 BOE per day and total equivalent - MMBOE of 13.51 to 15.33. The company expects depreciation, depletion and amortization per BOE of $20.00 to $22.00 an total budgeted E&P capital expenditures of $715 million to $767 million.

Gulfport Energy Corp. Presents at Capital One Southcoast 2014 Energy Conference, Dec-11-2014 10:40 AM

Gulfport Energy Corp. Presents at Capital One Southcoast 2014 Energy Conference, Dec-11-2014 10:40 AM. Venue: Omni Royal Orleans Hotel, 621 St. Louis St, New Olreans, Louisiana, United States.

 

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G2U

Industry Average

Valuation G2U Industry Range
Price/Earnings 23.0x
Price/Sales 7.9x
Price/Book 1.7x
Price/Cash Flow 9.8x
TEV/Sales 6.3x
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