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Gulfport Energy (GPOR)
NYSE:GPOR
Earnings Data
Report Date
May 05, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
7.76Last Year’s EPS
5.63Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a predominantly positive outlook: strong Q4 cash generation and adjusted free cash flow, low leverage (0.9x), substantial liquidity ($806M), an aggressive share repurchase plan (> $140M in 2026), and a disciplined capital program focused on high-return Utica dry and wet gas ( >75% of 2026 turn-in-line weighting). Management tightened basis forecasts (25% improvement) and expects Q4 2026 production to be ~5% above 2025, supporting confidence in free cash flow growth. The primary negatives are temporary production downtime (including a quantified ~10 MMcf/d impact), a modest expected increase in per-unit operating costs due to higher NGL mix, and a 2025 dip in completion pumping hours (18 vs 21 hours/day prior year). Overall, the positive operational and financial metrics and clear capital allocation priorities outweigh the near-term execution and market risks.Company Guidance
Strong Q4 Financial Performance
Q4 net cash provided by operating activities before changes in working capital was ~$222,000,000 (more than double Q4 capital expenditures), adjusted EBITDA was $235,000,000, and adjusted free cash flow was $120,000,000, supporting repurchases and acreage activity.
Robust Liquidity and Low Leverage
Year-end trailing twelve-month net leverage was 0.9x (below 1x target). Liquidity totaled $806,000,000 as of 12/31/2025, comprised of $1,800,000 cash plus $804,300,000 borrowing base availability, providing substantial financial flexibility.
Aggressive Share Repurchase Program
Repurchased 665,000 shares in Q4 for approximately $135,000,000; since program inception ~7,400,000 shares repurchased at an average price of $125.19 (noted as nearly 35% below current share price). Company plans to deploy more than $140,000,000 toward repurchases in 2026 while maintaining leverage at or below ~1x.
Inventory Expansion and Discretionary Acreage Acquisitions
Discretionary acreage program expected to reach the high end of a ~$100,000,000 target (with $62,900,000 deployed at year-end 2025). Acquisitions priced at approximately $2,000,000 per net location, and company expects discretionary buys plus development to add over 5.5 years of net locations by end of 2026, expanding growth inventory by more than 40% since 2022.
2026 Development Focus and Capital Plan
2026 total capital spend projected at $400,000,000 to $430,000,000 (includes $35,000,000-$40,000,000 maintenance land & seismic). More than 75% of 2026 turn-in-line program is forecasted to be weighted to Utica dry gas and wet gas windows — the company's highest-return areas.
Production Outlook and Exit Momentum
Full-year 2026 production forecasted at 1.03 to 1.055 billion cubic feet equivalent per day (Bcfe/d), relatively flat to 2025 full-year average of 1.040 Bcfe/d. Fourth quarter 2026 production is forecasted to be ~5% higher than 2025, positioning the company to exit the year stronger.
Improving Price Realizations and Basis
All-in realized price for Q4 was $3.65 per Mcfe (including cash-settled derivatives), a $0.10 premium to NYMEX Henry Hub. Management tightened the forecasted natural gas differential for 2026 by 25% versus 2025 and now expects to realize $0.15 to $0.30 per Mcf below Henry Hub for full-year 2026, boosting free cash flow outlook.
Operational Wins and Well Performance
Completed drilling and completion of first Utica U development wells (brought online in Q1) with early results tracking in line with expectations. 2025 full-year operated D&C capital (ex-discretionary land) was ~$354,000,000, and full-year production averaged 1.040 Bcfe/d.
Targeted Efficiency and Base Improvements
2026 program includes ~$15,000,000 for base production improvements (workovers targeting <12-month paybacks) and ~$5,000,000 for proprietary 3D seismic to support improved well planning; company increased planned Marcellus North investment by $10,000,000 versus 2025 to drill two Jefferson County wells as DUCs into 2027.
GPOR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GPOR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 24, 2026 | $196.37 | $199.67 | +1.68% |
Nov 04, 2025 | $196.52 | $196.90 | +0.19% |
Aug 05, 2025 | $169.30 | $172.06 | +1.63% |
May 06, 2025 | $182.21 | $189.47 | +3.98% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Gulfport Energy (GPOR) report earnings?
Gulfport Energy (GPOR) is schdueled to report earning on May 05, 2026, After Close (Confirmed).
What is Gulfport Energy (GPOR) earnings time?
Gulfport Energy (GPOR) earnings time is at May 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GPOR EPS forecast?
GPOR EPS forecast for the fiscal quarter 2026 (Q1) is 7.76.