Earnings Releases·Nov 4, 2026, 4:17 PM ET

Gulfport Energy — Third Quarter 2026 Earnings Summary

Reported net income of $96.4 million and adjusted EBITDA of $226.5 million for Q3 2026, driven by higher realized prices for oil ($71.78/Bbl), NGLs ($35.83/Bbl), and natural gas ($3.12/Mcf) compared to the prior year period.
Full-year 2026 production and capital expenditures are expected to be delivered in line with guidance, while management evaluates a shift to a continuous two-rig Appalachia program in 2027 to drive efficiencies and position for production growth in 2028.
Expanded stock repurchase authorization by 33% to $2.0 billion, with $800 million remaining capacity as of September 30, 2026, following $36.2 million in share repurchases during the quarter.
Secured significant long-term revenue visibility with firm sales agreements totaling 115,000 MMBtu/d (10% of forecasted net production) scheduled to begin in mid-2027 and 2028, while maintaining total liquidity of approximately $645.6 million.