Gulfport Energy Stock Intrinsic Value – GULFPORT ENERGY Reports Fourth Quarter FY2022 Earnings Results for Period Ending December 31, 2022
April 1, 2023
Earnings Overview
On February 28, 2023, GULFPORT ENERGY ($NYSE:GPOR) reported its total revenue and net income figures for the fourth quarter of FY2022, ending December 31, 2022. Total revenue saw an increase of 34.1% compared to the same quarter of the previous year, totaling USD 748.6 million. However, net income for the quarter decreased by 3.8%, amounting to USD 545.9 million.
Stock Price
On Tuesday, GULFPORT ENERGY reported their fourth quarter earnings results for the period ending December 31, 2022. The stock opened at $66.9 and closed at $66.1, a decrease of 1.0% from the previous closing price of 66.8. Overall, GULFPORT ENERGY reported strong fourth quarter earnings results despite the weak economic conditions.
The company displayed a solid balance sheet and increased operating cash flow, which speaks to their ability to navigate the difficult market conditions. As the markets continue to open up, GULFPORT ENERGY looks well-positioned to build upon this strong performance and continue to grow in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Gulfport Energy. More…
| Total Revenues | Net Income | Net Margin |
| 2.33k | 412.86 | 64.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Gulfport Energy. More…
| Operations | Investing | Financing |
| 739.08 | -458.3 | -276.78 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Gulfport Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.53k | 1.65k | 46.13 |
Key Ratios Snapshot
Some of the financial key ratios for Gulfport Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 27.0% | 126.8% | 23.7% |
| FCF Margin | ROE | ROA |
| 11.9% | 66.7% | 13.6% |
Analysis – Gulfport Energy Stock Intrinsic Value
At GoodWhale, we conducted an analysis of GULFPORT ENERGY and found that the fair value of its shares is approximately $83.7. This figure was calculated using our proprietary Valuation Line. Right now, GULFPORT ENERGY stock is trading at $66.1, indicating that the stock is currently undervalued by 21.0%. This represents a great opportunity for investors who are looking for a bargain, as GULFPORT ENERGY looks to be a good investment at the current price. More…
Peers
Gulfport Energy Corp competes with a number of other companies, including Byron Energy Ltd, Kolibri Global Energy Inc, and Devin Energy Corp, all of which strive to be the top provider of energy-related services and products. As companies strive to increase their market share and customer base, the competition between Gulfport Energy Corp and its competitors has become fierce.
– Byron Energy Ltd ($ASX:BYE)
Byron Energy Ltd is an oil and gas exploration and production company. It has a market cap of 119.63M as of 2022 and a Return on Equity of 15.55%. The market capitalization of a company is an indicator of its size and reflects the total value of all its outstanding shares. A higher market cap typically indicates that the company has the confidence of investors and is making solid business decisions. The Return on Equity (ROE) measures the rate of return on the investment provided by shareholders. A higher ROE indicates that the company is successfully making use of investor funds and is performing effectively.
– Kolibri Global Energy Inc ($TSX:KEI)
Kolibri Global Energy Inc is an energy company that specializes in producing and distributing renewable energy sources such as solar, wind, and geothermal. The company has a market capitalization of 143.18M as of 2022, which is a reflection of the company’s financial strength and market performance. The company also boasts a Return on Equity (ROE) of 38.16%, which is a measure of the company’s profitability. This high rate of return indicates that investors are confident in the company’s ability to generate profits.
– Devin Energy Corp ($OTCPK:DVNGF)
Devin Energy Corp is an energy company based in Texas that specializes in the exploration and production of natural gas and oil. The company has a market cap of 6.55k as of 2022, which is relatively small compared to other energy companies. Despite its small size, Devin Energy Corp has managed to achieve a Return on Equity (ROE) of 2.58%, which is high compared to the industry average. This indicates that the company is using its equity efficiently and effectively to generate returns for its shareholders.
Summary
GULFPORT ENERGY reported fourth quarter FY2022 results that saw total revenues rise 34.1%, to USD 748.6 million, over the same quarter of the previous year.
However, net income for the quarter decreased 3.8% from the prior year, to USD 545.9 million. For investors, these results illustrate a company that is able to grow revenue but is struggling to convert that revenue into profit. Despite the Q4 income decrease, Gulfport Energy has seen year over year revenue growth for the past several quarters, indicating a potential long-term investment opportunity. With a strong balance sheet, investors may look to the company’s future performance as a metric of success.
