Gulfport Energy Corp Stock Price, News & Analysis

Gulfport Energy reported its Q1 2025 financial results with total net production of 929.3 MMcfe per day and net liquids production of 15.2 MBbl per day, up 14% year-over-year. The company incurred capital expenditures of $159.8 million and generated $177.3 million in operating cash flow. Despite reporting a $0.5 million net loss, Gulfport achieved $218.3 million in adjusted EBITDA and $36.6 million in adjusted free cash flow. The company repurchased 341,000 shares for approximately $60 million at $176.13 per share. Gulfport reaffirmed its 2025 guidance, projecting a 20% increase in natural gas production by Q4 2025. The company plans to shift focus toward dry gas Utica development and achieved significant operational efficiencies, including a 28% improvement in drilling footage per day.

Gulfport Energy (NYSE: GPOR) has scheduled its first quarter 2025 earnings release and conference call. The company will announce Q1 2025 results on Tuesday, May 6, 2025, after market close, followed by a teleconference and webcast on Wednesday, May 7, 2025 at 9:00 a.m. ET (8:00 a.m. CT).

Investors can access the conference call through the Gulfport website or by dialing 866-373-3408 (domestic) or 412-902-1039 (international). A replay will be available on the company website and via telephone from May 7 to May 21, 2025, using the replay passcode 13753295.

Gulfport Energy (NYSE: GPOR) has reported its Q4 and full-year 2024 results, along with its 2025 outlook. For 2025, the company projects a 30% increase in net daily liquids production and expects to maintain flat year-over-year net daily equivalent production of 1.04-1.065 Bcfe per day.

Key 2024 highlights include total net production of 1.05 Bcfe per day and net liquids production of 14.4 MBbl per day. The company generated $650.0 million in operating cash flow and $256.8 million in adjusted free cash flow. Gulfport maintained strong liquidity of $899.7 million as of December 31, 2024.

For 2025, Gulfport plans to invest $370-395 million in total base capital expenditures. The company expects a 20% decrease in drilling and completion capital per foot compared to 2024. The company will continue its share repurchase program, with approximately $406.8 million remaining capacity.

Gulfport Energy (NYSE: GPOR) has announced its upcoming fourth quarter and full year 2024 financial and operating results conference call, scheduled for February 26, 2025, at 10:00 a.m. ET. The company will release its results after market close on February 25, 2025, and will also present its 2025 outlook during the call.

Investors can access the conference call through Gulfport's website or by dialing 866-373-3408 (domestic) or 412-902-1039 (international). A replay will be available on the company's website and via telephone from February 26 to March 12, 2025, using the replay passcode 13751354.

Gulfport Energy (NYSE: GPOR) has released its 2023-2024 Corporate Sustainability Report, highlighting significant environmental, social, and governance achievements. The company achieved an 'A' rating for Appalachia assets from MiQ and reduced Scope 1 methane intensity by 36% in 2023 compared to 2021.

Key environmental initiatives include reusing 75% of water from operations and implementing emission reduction programs. Social achievements include increasing workplace diversity to 43% and reducing incident rates by 53%. The company paid over $360 million in royalties and $34 million in production taxes.

Governance improvements include a seven-member Board with five independent directors, 60% diversity among independent directors, and increased ESG metrics in compensation structure.

Gulfport Energy (NYSE: GPOR) reported its Q3 2024 financial results, delivering total net production of 1.06 Bcfe per day, with 91% natural gas, 6% natural gas liquids, and 3% oil. The company reported a net loss of $14.0 million but generated $178.1 million in adjusted EBITDA and $72.6 million in adjusted free cash flow. Capital expenditures totaled $82.5 million, below analyst expectations. The company expanded its share repurchase authorization by 54% to $1.0 billion and reduced its 2024 drilling and completion capital guidance to $325-335 million. Oil production increased 68% over Q2 2024, reaching 4.6 MBbl per day.

Gulfport Energy (NYSE: GPOR) has announced its schedule for the release of its third quarter 2024 financial and operating results. The company plans to disclose these results on Tuesday, November 5, 2024, after the market closes. Following this, Gulfport will host a teleconference and webcast on Wednesday, November 6, 2024, starting at 9:00 a.m. ET (8:00 a.m. CT) to discuss the results.

Interested parties can access the conference call through a link on Gulfport's website, www.gulfportenergy.com, or by dialing 866-373-3408 (domestic) or 412-902-1039 (international). A replay of the conference call will be available on the company's website, and a telephone audio replay can be accessed from November 6 to November 20, 2024, using the replay passcode 13749355.

Gulfport Energy (NYSE: GPOR) announced the final results and expiration of its cash tender offer for the 8.0% Senior Notes due 2026. As of the expiration time, Gulfport Energy Operating received tenders for $524,297,331 of the outstanding Notes, representing 95.33% of the aggregate principal amount. The purchase price is set at $1,023.35 per $1,000 principal amount, plus accrued and unpaid interest. The settlement date is scheduled for September 13, 2024. Gulfport intends to use proceeds from a contemporaneous debt financing to fund the tender offer and redeem the remaining Notes by May 17, 2025.

Gulfport Energy (NYSE: GPOR) has announced the pricing terms for its cash tender offer to purchase all outstanding 8.0% Senior Notes due 2026. The purchase price is set at $1,023.35 per $1,000 principal amount of Notes. The tender offer expires at 5:00 p.m., New York City time, on September 9, 2024, unless extended or terminated earlier.

The tender offer is contingent on satisfying certain conditions, including completing a contemporaneous debt financing. Gulfport Energy Operating plans to use the proceeds from this financing to fund the tender offer and redeem any remaining Notes by May 17, 2025. J.P. Morgan Securities is serving as the exclusive Dealer Manager for the tender offer.