Gulfport Energy (GPOR) FY2017 results: revenue $1.3 billion, up 242.1% on the year
Gulfport Energy Corp. (GPOR) reported revenue of $1.3 billion for fiscal 2017, the year ended 31 December 2017, up 242.1% on the year before. Net income was $435 million, and diluted earnings per share $2.41. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2018.
Revenue
$1.3 billion
+242.1% on the year
FY2010FY2017
Operating margin
42.1%
-225.0% a year earlier
FY2010FY2017
Net income
$435 million
FY2010FY2017
Diluted EPS
$2.41
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
1,320
386
709
+242.1%
Operating income
556
-868
-1,334
Operating margin
42.1%
-225.0%
-188.1%
Interest expense
116
63.5
51.2
+82.0%
Pre-tax income
437
-983
-1,481
Income tax
1.8
-2.9
-256
Effective tax rate
0.4%
n/a
n/a
Net income
435
-980
-1,225
Net margin
33.0%
-253.9%
-172.6%
Diluted EPS
$2.41
-$7.97
-$12.27
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
680
338
322
+101.2%
Capital expenditure
19.4
33.2
13.6
-41.6%
Free cash flow
661
305
309
+116.8%
Free cash flow margin
50.0%
79.0%
43.5%
Cash from investing
-2,474
-721
-1,574
Cash from financing
433
1,731
1,223
-75.0%
Depreciation and amortisation
365
246
338
+48.2%
Share-based compensation
6.4
7.4
8.6
-13.4%
Buybacks
0.0
0.0
n/a
Diluted shares, weighted
180m
123m
100m
+46.6%
Shares outstanding at period end
183m
159m
108m
+15.3%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
3,102
2,184
2,039
+42.0%
Debt
2,074
1,621
952
+27.9%
Other liabilities
632
418
344
+51.2%
Total liabilities and equity
5,808
4,223
3,335
+37.5%
Fixed assets
5,102
2,351
2,628
+117.0%
Cash and equivalents
99.6
1,276
113
-92.2%
Receivables
147
137
71.9
+7.3%
Other assets
459
459
521
-0.0%
Total assets
5,808
4,223
3,335
+37.5%
10-K for the year ended 31 December 2017, filed 22 February 2018: the filing.