Gulfport Energy Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE

9 Months Ended

Sep. 30, 2020

Reconciliations of the components of basic and diluted net income per common share are presented in the tables below:


	Three months ended September 30,
	2020					2019
	Loss		Shares	Per Share		Loss		Shares	Per Share
	(In thousands, except share data)
Basic:
Net loss	$	(380,963)	160,682,629	$	(2.37)	$	(484,802)	159,548,477	$	(3.04)
Effect of dilutive securities:
Stock awards	—		—			—		—
Diluted:
Net loss	$	(380,963)	160,682,629	$	(2.37)	$	(484,802)	159,548,477	$	(3.04)



	Nine months ended September 30,
	2020					2019
	Loss		Shares	Per Share		Loss		Shares	Per Share
	(In thousands, except share data)
Basic:
Net loss	$	(1,459,569)	160,053,093	$	(9.12)	$	(187,604)	160,553,796	$	(1.17)
Effect of dilutive securities:
Stock options and awards	—		—			—		—
Diluted:
Net loss	$	(1,459,569)	160,053,093	$	(9.12)	$	(187,604)	160,553,796	$	(1.17)

There were no potential shares of common stock that were considered anti-dilutive for the three and nine months ended September 30, 2020. There were 2,073,638 and 4,266,206 potential shares of common stock that were considered anti-dilutive for the three and nine months ended September 30, 2019, respectively.