Gulfport Energy (GPOR) FY2015 results: revenue $709 million, up 5.7% on the year
Gulfport Energy Corp. (GPOR) reported revenue of $709 million for fiscal 2015, the year ended 31 December 2015, up 5.7% on the year before. Net income was -$1.2 billion, and diluted earnings per share $-12.27. The figures are the company's own, from the 10-K it filed with the SEC on 19 February 2016.
Revenue
$709 million
+5.7% on the year
FY2009FY2015
Operating margin
-188.1%
33.6% a year earlier
FY2009FY2015
Net income
-$1.2 billion
FY2009FY2015
Diluted EPS
-$12.27
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
709
671
263
+5.7%
Operating income
-1,334
226
55.5
Operating margin
-188.1%
33.6%
21.1%
Interest expense
51.2
24.0
17.5
+113.5%
Pre-tax income
-1,481
401
251
Income tax
-256
153
98.1
Effective tax rate
n/a
38.3%
39.0%
Net income
-1,225
247
153
Net margin
-172.6%
36.9%
58.3%
Diluted EPS
-$12.27
$2.88
$1.97
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
322
410
191
-21.4%
Capital expenditure
13.6
7.0
2.3
+93.1%
Free cash flow
309
403
189
-23.4%
Free cash flow margin
43.5%
60.0%
71.8%
Cash from investing
-1,574
-1,137
-664
Cash from financing
1,223
410
765
+198.1%
Depreciation and amortisation
338
265
119
+27.2%
Share-based compensation
8.6
8.9
6.3
-3.4%
Diluted shares, weighted
100m
86m
78m
+16.3%
Shares outstanding at period end
108m
86m
85m
+26.5%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
2,039
2,296
2,050
-11.2%
Debt
952
702
302
+35.6%
Other liabilities
344
621
341
-44.6%
Total liabilities and equity
3,335
3,619
2,693
-7.9%
Fixed assets
2,628
2,891
1,704
-9.1%
Cash and equivalents
113
142
459
-20.6%
Receivables
71.9
104
58.8
-30.8%
Other assets
521
483
472
+8.0%
Total assets
3,335
3,619
2,693
-7.9%
10-K for the year ended 31 December 2015, filed 19 February 2016: the filing.