Gulfport Energy Corp ( (GPOR) ) has released its Q1 earnings. Here is a breakdown of the information Gulfport Energy Corp presented to its investors.
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Gulfport Energy Corporation is an independent exploration and production company primarily focused on natural gas, crude oil, and NGL in the United States, with significant operations in the Appalachia and Anadarko basins.
In the first quarter of 2025, Gulfport Energy reported a net production of 929.3 MMcfe per day and a net loss of $0.5 million, alongside an adjusted EBITDA of $218.3 million. The company also generated $177.3 million in net cash from operating activities and $36.6 million in adjusted free cash flow.
Key financial highlights include a 14% increase in net liquids production compared to the first quarter of 2024 and a realized natural gas price of $4.11 per Mcfe, which is a premium over the NYMEX Henry Hub. Gulfport also repurchased approximately 341 thousand shares of common stock for $60.0 million. The company achieved significant drilling efficiencies and reaffirmed its full-year guidance, expecting a 20% increase in natural gas production by the fourth quarter of 2025.
Looking ahead, Gulfport Energy remains committed to maximizing shareholder value by strategically reallocating drilling activities and continuing its share repurchase program. The company is poised to capitalize on an improving natural gas environment while maintaining a strong financial position.
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