Reports Q1 adjusted EBITDA $185.7M. John Reinhart, President and CEO, commented, “Gulfport started the year strong, highlighted by the improvement in operational efficiencies leading to capital spending below analyst expectations, robust adjusted free cash flow generation allowing us to continue returning capital to shareholders through our common stock repurchase program and continued strong performance from the Company’s initial Marcellus development on our stacked pay acreage in Belmont County, Ohio.”
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GPOR:
- Gulfport Energy price target raised to $167 from $156 at JPMorgan
- Gulfport Energy price target lowered to $201 from $203 at Truist
- Gulfport Energy downgraded to Sector Weight from Overweight at KeyBanc
- Gulfport Energy price target raised to $203 from $184 at Truist
- Gulfport Energy management to meet with Truist