Gulfport Energy (GPOR)
NYSE:GPOR
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
4.63Last Year’s EPS
5.42Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive tone driven by strong Q1 financial results (adjusted EBITDA $264M, adjusted FCF $119M), record share repurchases, disciplined, accretive acreage additions, robust liquidity ($872M) and low net leverage (~0.9x), alongside meaningful drilling and completion efficiency gains and an excellent safety record. The primary negatives were a Q1 per-unit operating cost ($1.38/Mcfe) slightly above full-year guidance range, diesel-related service cost pressures, the inherently capital-intensive nature of the SCOOP requiring consistent repeatability before scaling, and a move to a more dynamic (less prescriptive) share-repurchase communication cadence. On balance, the positive operational and financial developments materially outweigh the modest and manageable headwinds.Company Guidance
Strong Financial Results
Generated $264 million of adjusted EBITDA and $119 million of adjusted free cash flow in Q1 2026; Q1 performance described as an "especially strong kickoff" driven by strong commodity pricing and development of high-quality assets.
Production and Guidance Alignment
Average production of 997 million cubic feet equivalent per day in Q1, consistent with February expectations and on track with full-year 2026 production guidance of 1.03 to 1.055 billion cubic feet equivalent per day.
Record Share Repurchases and Capital Returned
Repurchased 866,000 shares for approximately $172.8 million in Q1 (highest quarterly investment in company history); since program inception repurchased ~8.2 million shares at an average price of ~$133 per share, returning nearly $1.1 billion over four years and retiring nearly 10% of shares outstanding over the last two quarters.
Disciplined and Accretive Acreage Additions
Completed discretionary acreage program, investing approximately $102 million over the past four quarters to add more than two years of high-quality inventory in Belmont and Monroe Counties at an average cost just over $2 million per net location; since 2022 added >4.5 years of net locations.
Strong Balance Sheet and Liquidity
Borrowing base reaffirmed at $1.1 billion with elected commitments up 10%; trailing twelve-month net leverage exiting the quarter ~0.9x; pro forma liquidity increased by $100 million to $872 million (cash $2.9 million + $869.3 million revolver capacity).
Operational Execution and Efficiency Gains
Drilled 8 gross wells in Q1 (2 Utica wet gas, 4 Marcellus, 2 SCOOP Woodford); completed 5 gross Utica dry gas wells including first two U development wells; average top-hole drilling days improved 8% versus FY2025; set company record Utica top-hole at 5.4 days and four-well pad average of 5.9 days; Marcellus pad delivered 20% improvement in footage drilled per day versus prior pads; SCOOP HERO pad averaged ~40 days spud-to-rig-release per well, outperforming internal expectation of 55 days.
Safety and Environmental Performance
Delivered operations during the period of highest activity with zero recordable incidents or spills, underscoring commitment to safety and environmental stewardship.
Flexible Capital Allocation and Hedging Posture
Management reiterated dynamic capital allocation: continued priority on high-return acreage and share repurchases while maintaining leverage at or below 1x; targeting roughly 30%–40% hedge coverage for 2027 (with historical bucket of 30%–70%) and added some oil and propane hedges for 2027 to capture improved market levels.
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 |
|---|---|---|---|
May 05, 2026 | $195.23 | $180.44 | -7.58% |
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% |
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 Aug 04, 2026, After Close (Confirmed).
What is Gulfport Energy (GPOR) earnings time?
Gulfport Energy (GPOR) earnings time is at Aug 04, 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 (Q2) is 4.63.