Gulfport Energy Reports Second Quarter 2026 Financial and Operating Results and Provides Outlook on Discretionary Acreage Opportunities
Gulfport Energy reported second-quarter net income of $87.1 million and adjusted EBITDA of $179.1 million, with average daily production of 962.8 MMcfe. The company returned significant capital to shareholders, repurchasing $70.0 million of stock in the quarter and $242.8 million year-to-date, while updating full-year base CapEx guidance to approximately $430 million. Gulfport announced a new discretionary acreage acquisition program targeting $140 million for the remainder of 2026 to expand its Utica inventory by more than 20%.
Key figures
- Guidance
- full-year base capital expenditures to approximately $430 million
- Capex
- 148600000
- Liquidity
- 772400000
- Net income
- 87100000
- Adjusted ebitda
- 179100000
- Buyback q2 spend
- 70000000
- Buyback ytd spend
- 242800000
- Operating cash flow
- 149900000
- Adjusted free cash flow
- 6400000
- Production mmcfe per day
- 962.8
- Discretionary acquisition target
- 140000000
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