Gulfport Energy (GPOR) reported a Q3 loss Tuesday of $0.83 per diluted share, compared with earnings of $27.37 per share a year earlier.

Four analysts polled by Capital IQ expected earnings of $2.82.

Revenue in the three months ended Sept. 30 fell to $253.9 million from $266.7 million a year earlier.

Three analysts surveyed by Capital IQ expected $296.6 million.

The company boosted its share buyback authorization 54% to $1 billion.