Worth Watching Stock’s News Analysis Report:Gulfport Energy Corporation (NASDAQ:GPOR), Gogo Inc (NASDAQ:GOGO)

On Tuesday, Shares of Gulfport Energy Corporation (NASDAQ:GPOR), added 3.09% and closed at $25.39 in the last trading session. The last trading range of the stock ranges between $23.80 and $25.80. The company’s Market capitalization is $3.29 Billion with the total Outstanding Shares of 125.45 million. During the 52-week trading session the minimum price at which share price traded, registered at $20.21 and reached to max level of $34.67. The EPS of company is strolling at -13.81. Gulfport Energy Corp. engages in the acquisition, exploration, exploitation, and production of natural gas, natural gas liquids (NGLs), and crude oil in the United States. The company’s principal properties are located in the Utica Shale mainly in Eastern Ohio, along the Louisiana Gulf Coast in the West Cote Blanche Bay, and Hackberry fields. It also has interests in the Niobrara Formation of Northwestern Colorado; Bakken Formation; Alberta oil sands in Canada; and Phu Horm gas field in Thailand.

Shares of Gogo Inc (NASDAQ:GOGO), jumped 0.44% and closed at $9.09 in the last trading session. The last trading range of the stock ranges between $8.81 and $9.41. The company’s Market capitalization is $773.67 million with the total Outstanding Shares of 86.24 million. During the 52-week trading session the minimum price at which share price traded, registered at $7.80 and reached to max level of $19.61. The EPS of company is strolling at -1.67. Gulfport Energy Corp. engages in the acquisition, exploration, exploitation, and production of natural gas, natural gas liquids (NGLs), and crude oil in the United States. The company’s principal properties are located in the Utica Shale mainly in Eastern Ohio, along the Louisiana Gulf Coast in the West Cote Blanche Bay, and Hackberry fields. It also has interests in the Niobrara Formation of Northwestern Colorado; Bakken Formation; Alberta oil sands in Canada; and Phu Horm gas field in Thailand.

Third Quarter 2016 Merged Financial Results

Revenue raised to $147.3 million, up 17% from Q3 2015. Service revenue raised to $129.1 million, up 20% from Q3 2015, driven by a 17% increase in commercial aircraft online to 2,885, a 20% increase in ATG business aircraft online to 3,974, and raised customer usage across all segments.

Net loss raised to $33.3 million, up 15% from Q3 2015, and Adjusted EBITDA(1) raised to a record $15.2 million, up 57% from Q3 2015.

Capital expenditures raised to $43.7 million from $23.5 million in Q3 2015. Cash CAPEX(1) raised to $35.6 million from $11.8 million in Q3 2015, mainly because of raised airborne equipment purchases for 2Ku installations.

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