Market Cap : 1.94 B | Enterprise Value : 2.68 B | PE Ratio : N/A | PB Ratio : |
---|
NYSE:GPOR has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NYSE:GPOR has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Gulfport Energy has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Gulfport Energy's Piotroski F-Score or its related term are showing as below:
During the past 13 years, the highest Piotroski F-Score of Gulfport Energy was 8. The lowest was 2. And the median was 5.
The historical data trend for Gulfport Energy's Piotroski F-Score 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.
For the Oil & Gas E&P subindustry, Gulfport Energy's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.
For the Oil & Gas industry and Energy sector, Gulfport Energy's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Gulfport Energy's Piotroski F-Score falls into.
How is the Piotroski F-Score calculated?
* 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.
This Year (Jun22) TTM: | Last Year (Jun21) TTM: |
Net Income was -461.313 + 0 + -491.975 + 256.58 = $-697 Mil. Cash Flow from Operations was 0 + 0 + 253.696 + 129.504 = $383 Mil. Revenue was 379.948 + 0 + 480.735 + 638.205 = $1,499 Mil. Gross Profit was 219.076 + 0 + 316.015 + 561.364 = $1,096 Mil. Average Total Assets from the begining of this year (Jun21) to the end of this year (Jun22) was (2066.188 + 2088.208 + 2168.232 + 2211.52 + 2374.661) / 5 = $2181.7618 Mil. Total Assets at the begining of this year (Jun21) was $2,066 Mil. Long-Term Debt & Capital Lease Obligation was $673 Mil. Total Current Assets was $382 Mil. Total Current Liabilities was $1,128 Mil. |
Net Income was -380.963 + -165.564 + 8.78 + 0 = $-538 Mil. Revenue was 189.999 + 250.85 + 277.336 + 0 = $718 Mil. Gross Profit was 14.488 + 70.877 + 117.669 + 0 = $203 Mil. Average Total Assets from the begining of last year (Jun20) to the end of last year (Jun21) was (2580.257 + 2375.559 + 2539.871 + 2627.648 + 2066.188) / 5 = $2437.9046 Mil. Total Assets at the begining of last year (Jun20) was $2,580 Mil. Long-Term Debt & Capital Lease Obligation was $774 Mil. Total Current Assets was $217 Mil. Total Current Liabilities was $651 Mil. |
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Gulfport Energy's current Net Income (TTM) was -697.
==> Negative ==> Score 0.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Gulfport Energy's current Cash Flow from Operations (TTM) was 383.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Score 1 if it's higher, 0 if it's lower.
ROA (This Year) | = | Net Income | / | Total Assets (Jun21) |
= | -696.708 | / | 2066.188 | |
= | -0.33719487 |
ROA (Last Year) | = | Net Income | / | Total Assets (Jun20) |
= | -537.747 | / | 2580.257 | |
= | -0.20840831 |
Gulfport Energy's return on assets of this year was -0.33719487. Gulfport Energy's return on assets of last year was -0.20840831.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Score 1 if CFROA > ROA, 0 if CFROA <= ROA.
Gulfport Energy's current Net Income (TTM) was -697. Gulfport Energy's current Cash Flow from Operations (TTM) was 383.
==> 383 > -697 ==> CFROA > ROA ==> Score 1.
Funding
Question 5. Change in Gearing or Leverage
Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.
Score 0 if this year's gearing is higher, 1 otherwise.
Gearing (This Year: Jun22) | = | Long-Term Debt & Capital Lease Obligation | / | Average Total Assets from Jun21 to Jun22 |
= | 673.108 | / | 2181.7618 | |
= | 0.30851581 |
Gearing (Last Year: Jun21) | = | Long-Term Debt & Capital Lease Obligation | / | Average Total Assets from Jun20 to Jun21 |
= | 773.852 | / | 2437.9046 | |
= | 0.31742505 |
Gulfport Energy's gearing of this year was 0.30851581. Gulfport Energy's gearing of last year was 0.31742505.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Current Ratio (This Year: Jun22) | = | Total Current Assets | / | Total Current Liabilities |
= | 381.708 | / | 1127.656 | |
= | 0.33849685 |
Current Ratio (Last Year: Jun21) | = | Total Current Assets | / | Total Current Liabilities |
= | 216.842 | / | 650.569 | |
= | 0.3333113 |
Gulfport Energy's current ratio of this year was 0.33849685. Gulfport Energy's current ratio of last year was 0.3333113.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Gulfport Energy's number of shares in issue this year was 20.877. Gulfport Energy's number of shares in issue last year was 20.6.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Gross Margin (This Year: TTM) | = | Gross Profit | / | Revenue |
= | 1096.455 | / | 1498.888 | |
= | 0.73151229 |
Gross Margin (Last Year: TTM) | = | Gross Profit | / | Revenue |
= | 203.034 | / | 718.185 | |
= | 0.28270432 |
Gulfport Energy's gross margin of this year was 0.73151229. Gulfport Energy's gross margin of last year was 0.28270432.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Asset Turnover (This Year) | = | Revenue | / | Total Assets at the Beginning of This Year (Jun21) |
= | 1498.888 | / | 2066.188 | |
= | 0.72543641 |
Asset Turnover (Last Year) | = | Revenue | / | Total Assets at the Beginning of Last Year (Jun20) |
= | 718.185 | / | 2580.257 | |
= | 0.27833855 |
Gulfport Energy's asset turnover of this year was 0.72543641. Gulfport Energy's asset turnover of last year was 0.27833855.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score | = | Que. 1 | + | Que. 2 | + | Que. 3 | + | Que. 4 | + | Que. 5 | + | Que. 6 | + | Que. 7 | + | Que. 8 | + | Que. 9 |
= | 0 | + | 1 | + | 0 | + | 1 | + | 1 | + | 1 | + | 0 | + | 1 | + | 1 | |
= | 6 |
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Gulfport Energy has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Thank you for viewing the detailed overview of Gulfport Energy's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
From GuruFocus
Other Sources
By Zacks 2020-10-09
By Zacks 2021-07-14
By Zacks 2021-08-03
By Zacks 2021-10-07
By Zacks 2021-10-28
By Seekingalpha 2022-03-01
By Zacks 2020-11-18
By Zacks 2020-10-20
By Zacks 2021-10-28
By Zacks 2020-10-08