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GPOR (Gulfport Energy) Gross Profit : $532.8 Mil (TTM As of Dec. 2024)


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What is Gulfport Energy Gross Profit?

Gulfport Energy's gross profit for the three months ended in Dec. 2024 was $181.2 Mil. Gulfport Energy's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $532.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Gulfport Energy's gross profit for the three months ended in Dec. 2024 was $181.2 Mil. Gulfport Energy's Revenue for the three months ended in Dec. 2024 was $284.8 Mil. Therefore, Gulfport Energy's Gross Margin % for the quarter that ended in Dec. 2024 was 63.63%.

Gulfport Energy had a gross margin of 63.63% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Gulfport Energy was 85.73%. The lowest was -10.89%. And the median was 37.13%.


Gulfport Energy Gross Profit Historical Data

The historical data trend for Gulfport Energy's Gross Profit 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 Gross Profit Chart

Gulfport Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 507.27 - 1,998.31 663.02 532.77

Gulfport Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial 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 165.08 141.26 95.36 114.90 181.24

Competitive Comparison of Gulfport Energy's Gross Profit

For the Oil & Gas E&P subindustry, Gulfport Energy's Gross Profit, along with its competitors' market caps and Gross Profit 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's Gross Profit Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gulfport Energy's Gross Profit falls into.


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Gulfport Energy Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Gulfport Energy's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=928.604 - 395.835
=532.8

Gulfport Energy's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=284.833 - 103.591
=181.2

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $532.8 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Gulfport Energy's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=181.2 / 284.833
=63.63 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Gulfport Energy  (NYSE:GPOR) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Gulfport Energy had a gross margin of 63.63% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Gulfport Energy Gross Profit Related Terms

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Gulfport Energy Business Description

Traded in Other Exchanges
Address
713 Market Drive, Oklahoma City, OK, USA, 73114
Gulfport Energy Corp is an independent natural gas-weighted exploration and production company focused on the exploration, acquisition, and production of natural gas, crude oil, and natural gas liquids, with assets predominantly located in the Appalachia and Anadarko basins in the United States. Its principal properties are located in eastern Ohio, targeting the Utica and Marcellus, and in central Oklahoma, targeting the SCOOP Woodford and Springer formations.
Executives
Patrick K. Craine officer: General Counsel and Corp. Sec. 713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Silver Point Capital L.p. director, 10 percent owner TWO GREENWICH PLAZA, SUITE 1, GREENWICH CT 06830
Jason Joseph Martinez director 1 TOKENEKE TRAIL, HOUSTON TX 77024
Matthew Willrath officer: VP & CAO 713 MARKET DRIVE, OKLAHOMA CITY OK 73114
David D Wolf director 5221 N. O'CONNOR BOULEVARD, 11TH FLOOR, IRVING TX 75039
Michael Sluiter officer: SVP of Reservoir Engineering 713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Lester Zitkus officer: SVP, Land 713 MARKET DR, OKLAHOMA CITY OK 73114
Jean Marie Powers director 2507 LOCKE LANE, HOUSTON TX 77019
Robert J O'shea 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Edward A Mule 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Mary Shafer-malicki director 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Michael L Hodges officer: EVP & CFO C/O GULFPORT ENERGY CORP, 713 MARKET DR, OKLAHOMA CITY OK 73114
Matthew Rucker officer: SVP, Operations 713 MARKET DR, OKLAHOMA CITY OK 73114
John K. Reinhart director, officer: President & CEO 713 MARKET DR, OKLAHOMA CITY OK 73114
Robert John Moses officer: SVP, Operations & Drilling 3001 QUAIL SPRINGS PARKWAY, OKLAHOMA CITY OK 73134