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Gulfport Energy Piotroski F-Score

: 7 (As of Today)
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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:

GPOR' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Gulfport Energy was 8. The lowest was 2. And the median was 5.


Gulfport Energy Piotroski F-Score Historical Data

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.

* Premium members only.

Gulfport Energy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Piotroski F-Score
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 7.00 5.00 4.00 6.00

Gulfport Energy Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Piotroski F-Score 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 5.00 7.00 6.00 5.00 7.00

Competitive Comparison

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.

   

Gulfport Energy Piotroski F-Score Distribution

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.

Gulfport Energy  (NYSE:GPOR) Piotroski F-Score Explanation

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.


Gulfport Energy Piotroski F-Score Related Terms

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.


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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