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GULFPORT ENERGY CORP [GPORQ] posts $494.70M profit as revenue rises 387.52% to $1,331.11M

By USInMinutes - Mar 03, 2023, 07:35 PM ET

Last Updated - Mar 06, 2023, 12:26 PM EST

Net Sales:

$1,331.11M

GULFPORT ENERGY CORP [GPORQ] posted a profit of $494.70M, marking a rise of 97.10% for this year.

Revenue rose to $1,331.11M this year compared to $273.04M in the previous year.

According to the latest annual report the company has filed with the SEC, current earnings were $494.70M, up 97.10% from $250.99M.

The company’s net sales for the period were $1,331.11M, up 387.52%. Net sales in the previous year were $273.04M.

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