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Gulfport Energy ROA %

: 44.76% (As of Jun. 2022)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Gulfport Energy's annualized Net Income for the quarter that ended in Jun. 2022 was $1,026 Mil. Gulfport Energy's average Total Assets over the quarter that ended in Jun. 2022 was $2,293 Mil. Therefore, Gulfport Energy's annualized ROA % for the quarter that ended in Jun. 2022 was 44.76%.

The historical rank and industry rank for Gulfport Energy's ROA % or its related term are showing as below:

GPOR' s ROA % Range Over the Past 10 Years
Min: -50.61   Med: 6.03   Max: 8.68
Current: -31.93

During the past 13 years, Gulfport Energy's highest ROA % was 8.68%. The lowest was -50.61%. And the median was 6.03%.

GPOR's ROA % is ranked worse than
90.3% of 1103 companies
in the Oil & Gas industry
Industry Median: 2.10 vs GPOR: -31.93

Gulfport Energy ROA % Historical Data

The historical data trend for Gulfport Energy's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gulfport Energy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROA %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.68 7.26 -40.31 -50.61 -

Gulfport Energy Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROA % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -88.83 - -89.86 44.76

Competitive Comparison

For the Oil & Gas E&P subindustry, Gulfport Energy's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Gulfport Energy ROA % Distribution

For the Oil & Gas industry and Energy sector, Gulfport Energy's ROA % distribution charts can be found below:

* The bar in red indicates where Gulfport Energy's ROA % falls into.



Gulfport Energy ROA % Calculation

Gulfport Energy's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=0/( (2539.871+2168.232)/ 2 )
=0/2354.0515
=0.00 %

Gulfport Energy's annualized ROA % for the quarter that ended in Jun. 2022 is calculated as:

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=1026.32/( (2211.52+2374.661)/ 2 )
=1026.32/2293.0905
=44.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jun. 2022) net income data. ROA % is displayed in the 30-year financial page.


Gulfport Energy  (NYSE:GPOR) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=1026.32/2293.0905
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1026.32 / 2552.82)*(2552.82 / 2293.0905)
=Net Margin %*Asset Turnover
=40.2 %*1.1133
=44.76 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Gulfport Energy ROA % Related Terms

Thank you for viewing the detailed overview of Gulfport Energy's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gulfport Energy Business Description

Gulfport Energy logo
Traded in Other Exchanges
Address
3001 Quail Springs Parkway, Oklahoma City, OK, USA, 73134
Gulfport Energy Corp is an independent exploration and development company. The company operates through Utica Shale and Scoop properties. The Utica Shale is located in the Appalachian Basin of the United States and Canada. The Scoop (South Central Oklahoma Oil Province) play of Oklahoma is located in the southeast portion of the prolific Anadarko Basin.
Executives
Moses Robert John officer: SVP, Operations & Drilling 3001 QUAIL SPRINGS PARKWAY OKLAHOMA CITY OK 73134
Silver Point Capital L.p. director, 10 percent owner TWO GREENWICH PLAZA, FIRST FLOOR GREENWICH CT 06830
Mule Edward A director, 10 percent owner C/O SILVER POINT CAPITAL L.P. TWO GREENWICH PLAZA, FIRST FLOOR GREENWICH CT 06830
O'shea Robert J director, 10 percent owner C/O SILVER POINT CAPITAL L.P. TWO GREENWICH PLAZA, FIRST FLOOR GREENWICH CT 06830
Reganato David A director TWO GREENWICH PLAZA GREENWICH CT 06830
Wolf David D director 5221 N. O'CONNOR BOULEVARD 11TH FLOOR IRVING TX 75039
Martinez Jason Joseph director 1 TOKENEKE TRAIL HOUSTON TX 77024
Martinez Guillermo director 2425 BINZ ST. HOUSTON TX 77004
Cutt Timothy J. director, officer: Interim CEO 3001 QUAIL SPRINGS PKWY OKLAHOMA CITY OK 73134
Buese William J officer: Chief Financial Officer 3001 QUAIL SPRINGS PKWY OKLAHOMA CITY OK 73134
Somerhalder John W Ii director 76 SOUTH MAIN STREET AKRON OH 44308
Wood David M. director, officer: President & CEO 200 PEACH STREET P.O. BOX 7000 EL DORADO AR 71730
Hicks Quentin R officer: CFO 1000 LOUISIANA STREET, SUITE 6700 HOUSTON TX 77002
Sluiter Michael officer: SVP of Reservoir Engineering 3001 QUAIL SPRINGS PARKWAY OKLAHOMA CITY OK 73134
Moore Donnie G officer: COO 3001 QUAIL SPRINGS PARKWAY OKLAHOMA CITY OK 73134

Gulfport Energy Headlines

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